- Texvalley’s Weaves 2019 Exhibition Generates Business Worth Rs 900 Crore for Its 250 + Exhibitors
- Government For Setting Up 7 Effluent Treatment Plants in Erode and Bhavani at the Cost of Rs 1000 Crore
- State To Consider Granting Rs. 200 Crore Interest-Free Loan for Effluent Treatment Plants
Turnover of Tirupur’s Knitwear Industry to Cross One lakh Crore Mark by 2022
Erode, 2019: “Tamil Nadu is emerging as a leading state in the country in attracting industrial investment, thanks to the government’s long term vision, and industry-friendly policies. It is able to ensure availability of land, uninterrupted and quality power supply, skilled manpower for the industry. The textile industry should make use of these advantages. It should commit to protecting the environment for sustainable development by setting up effluent treatment plants,” said Mr. K. A. Sengottaiyan, Minister for School Education, Youth Welfare and Sports Development, Government of Tamil Nadu.
He was providing the keynote address at the Valedictory Session of Weaves 2019, South India’s premier textile fair, organized by Erode Textile Mall (Pvt) Ltd (Texvalley) in association with the Confederation of Indian Industry, here. The four-day exhibition cum conference attracted the participation of 250+ exhibitors and 5,500 visitors from across the country. Weaves 2019 had generated business worth of about Rs. 900 crores.
In his Special Address, Mr. P. Thangamani, Minister for Electricity, Prohibition and Excise, Government of Tamil Nadu, said that Tamil Nadu is the largest producer of textile products. The focus of the industry should be to protect its dominant position. However, the industry faces competition from the neighbouring countries like Sri Lanka, Vietnam, and Bangladesh. In order to outdo the competition, the industry should enhance the quality of their products and services.
Mr. K. C. Karuppannan, Minister for Environment and Pollution Control, Government of Tamil Nadu, in his Special Address, announced that the government is planning to set up seven common effluent treatment plants worth Rs. 1000 crore in Erode and neighbouring districts. The Centre can invest 50% of the project cost, while the State government and the industry should invest 25% each. The government will consider granting an interest-free loan of Rs. 200 crore for the industry so that it can invest it in the setting up of the effluent treatment facilities.
In his Special Address, Mr. Kumar Jayant, IAS, Principal Secretary to Government, Department of Handlooms, Handicrafts, Textiles & Khadi, Government of Tamil Nadu, urged the industry to come forward to create clusters in every part of the State, especially in the southern districts, where there are favourable conditions such as availability of land and skilled labour. He said that the government can form a special purpose vehicle to allot land, and create common infrastructure including effluent treatment plants, testing labs, and design centres, if a group of units can show interest in forming clusters anywhere in the State.
He remarked that there is no other choice for the industry other than investing in the systems of Zero Liquid Discharge, and Common Effluent Treatment Plants. They can make use of government subsidies offered under Integrated Processing Development Scheme (IPDS) that can take care of upto 75% of the project cost.
In his address, Mr. S. Chandramohan, Chairman – CII Tamil Nadu State Council & Group President – Finance & Investment Strategy, TAFE Ltd, said that the textile and garment industry in the State is a US$ 140 billion industry today. It will set to be a US$ 200 billion industry by 2021. Tamil Nadu is one of the leading States in the textile sector. But the State urgently needs many wet processing parks on the lines of the one in Perundurai. Due to lack of wet processing infrastructure, the yarns produced here go out of the State and come back as fabrics.
Mr. Raja Shanmugam, President, Tirupur Exporters Association, in his address, said that though the textile industry is facing unprecedented challenges in the recent past, it can overcome them with cooperation and joint efforts.
He cited the example of the resilient Tirupur. “In 2011, when Tirupur dyeing units faced the threat of closure on account of alleged violation of pollution control norms, its turnover was Rs. 14,000 crore. Everyone thought that industry in Tirupur would not survive anymore. However, the industry joined hands and took various corrective measures cooperatively. In 2017, its turnover touched Rs 45,000 crore. Our vision is to cross the one lakh crore mark by 2022,” he said.
Earlier in his Welcome Address, Mr. C. Devarajan, Past Chairman, CII Erode Zone & Vice Chairman, Erode Textile Mall (Pvt) Ltd (Texvalley), said, that the event has attracted about 5,500 visitors, including 3,500 business visitors. The 250 odd exhibitors could generate over Rs 900 crores of business in the four days of the event. About 14 textile promotion councils and 90 weavers associations have participated in the promotion of the event.Mr. P. Rajasekar, Managing Director, Erode Textile Mall (Pvt) Ltd (Texvalley) and Mr. P. Periyasamy, Chairman, Erode Textile Mall (Pvt) Ltd (Texvalley) were present at the event. Mr. D. P. Kumar, Executive Director, Erode Textile Mall (Pvt) Ltd (Texvalley), proposed a vote of thanks.