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Palladam Hi-tech park to expand

Thursday, 12 May 2016

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Palladam Hi-tech Weaving Park, promoted under the Scheme for Integrated Textile Park, is on an expansion mode.

The Centre has given an additional grant of Rs 10 crore for adding garment and made -ups manufacturing facilities and the project is being planned at an outlay of Rs 26.15 crore. One garment unit has already commenced commercial production and four more units are slated to come up soon.

About 95 units are functioning in the park, providing direct employment to 2,900 workers and another 3,000 indirectly. The expansion that is underway will help create jobs for another 3,000 workers by 2017.