Constructed under the Union Government’s Cluster Development Programme, the construction of the first phase of the textile mall near Gangapuram National Highway in Erode district of Tamilnadu has been completed. The Texvalley mall currently has 1600 shops built over one lakh square feet that would start trade from 31st August. Texvalley is built with a vision to construct a textile hub unifying textile sellers and buyers nationwide with its transformational and infrastructure and modern amenities at a total cost of Rs. 450 crore with a Rs. 40 crore central government grant.
U R C Devarajan, Vice Chairman, Erode Textile Mall Ltd. said, “The entire mall will be built on 16.5 lakh square feet near Gangapuram on National Highway 47. With the remaining space, the main mall would be built over 11.5 lakh sq feet and granted one lakh sq feet for an International Convention Centre.” P Periyasamy, Chairman of Textile Mall Ltd said this was a unique project and soon 1953 shops would be built and handed over to textile traders to run daily shops.