Dayanidhi Maran, Union Minister for Textiles, on 26 February 2011 inaugurated Karur Textile Park (KTPL) at Thalapatti-Puthamabur on the Karur-Madurai highway in Tamil Nadu.

The park has been set up at a cost of Rs 130 crore under the Ministry of Textiles sponsored Scheme for Integrated Textile Parks.

The park spread over 110 acre has been established under the PPP mode with the Union Ministry of Textiles granting 40 per cent assistance and the members of the KTPL garnering the balance amount. While the members of the KTPL have contributed Rs 16 crore, they have borrowed bank term loan to the extent of Rs 65 crore. The Union Government has granted Rs 40 crore and the members expect the state government to sanction Rs 9 crore to meet the complete cost of the project.

The Union Government has appointed IL&FS Cluster Development Initiative as the project management consultants on its behalf to control the operations in implementing the project.

The park has amenities for park staff and units which include a branch of the Canara Bank with ATM facility, a hospital, a pharmacy, restaurant, department store, readymade garment shop and a creche for the benefit of women workers at the units. A huge pond has been created in the park to harvest rainwater.

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