TT Limited to Set Up Textile Vertical Unit in PM Mitra Park, Lucknow
28 August 2023, Mumbai
TT Limited has entered into a Memorandum of Understanding (MOU) with the Government of Uttar Pradesh to establish a Textile Vertical unit within the PM Mitra Park initiative in Lucknow, Uttar Pradesh.
Land Allocation: The company has submitted a request for a 15-acre land allocation within the primary urban center of Uttar Pradesh. This location boasts seamless connectivity throughout the state via an expressway.
MOU Signatory: The MOU was signed by Mr. Sunil Mahnot, the Director of Finance, on August 23, 2023.
Future Plans: The company plans to construct an expansive textile vertical unit, covering the entire process from Fiber to Fashion. This endeavor will take shape within the precincts of PM Mitra Park in Lucknow, Uttar Pradesh.
Concurrent Projects: TT Limited is also in the midst of constructing a factory at Hosiery Park, Kolkata, West Bengal, with completion anticipated within a year's time. Additionally, the company is preparing to establish a unit in Surat for fabric production under the upcoming Textile Ministry PLI-2 scheme.
A new Garment factory is also in the planning stages for Tamil Nadu.
