08 March 2022, Mumbai:
M.K. Stalin, the Chief Minister of Tamil Nadu, said on Monday that the State Industries Promotion Corporation of Tamil Nadu Ltd (SIPCOT) will build a huge textile park in the Virudhunagar district.
Stalin said the 1,000-acre textile park will be under the Central government's Mega Investment Textiles Parks (MITRA) initiative, and a complete project report will be prepared soon.
ALSO READ: SIMA & CITI to impress upon Tamil Nadu CM, MK Stalin seeking to ramp up cotton production
The Tamil Nadu government also signed an MoU with 25 companies, including micro, small and medium enterprises (MSMEs), involving a potential investment of Rs 1,910 crore.
Stalin also launched the portal www.tnlip.com wherein owners of large tracts of land can list their properties for sale for industrial projects.
RELATED ARTICLE M.K. Stalin, CM Tamil Nadu urges centre for 'Removal Of Import Duties On Cotton'
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