Tamil Nadu textile mills moving to Andhra Pradesh
Coimbatore, Jan 12: Textile mill owners from Tamil Nadu have evinced their interest towards setting up units in the neighbouring Andhra Pradesh following promises of lucrative incentives and skilled manpower.
Andhra Government's promise of providing power and land at low cost, apart from the prospect of getting skilled manpower in the state are the main reasons for the mills to move to AP, industry sources said.
The AP Government has promised to provide power at Rs 2.50 per unit to the textile units setting up mills in the state, Southern India Mills' Association (SIMA) Chairman S V Arumugam said adding 10 large mills have expressed their willingness to set up units in the state.
Disruption of power during peak hours in Tamil Nadu was affecting the textile mills' production, particularly in the western region, where there is major concentration of textile firms.
Moreover, non-availability of labourers and skilled workers was also creating problem to the mills that started picking up after a four-year crisis.
Besides the availability of land at a lower cost, the state government has also come forward to provide skilled workers by providing training facilities, he said.
Tamil Nadu contributes nearly 35 to 40 per cent to the revenue of the sector, fast replacing the agriculture sector as far as employment generation was concerned.
Source:NewKeral.com/ PTI
Andhra Government's promise of providing power and land at low cost, apart from the prospect of getting skilled manpower in the state are the main reasons for the mills to move to AP, industry sources said.
The AP Government has promised to provide power at Rs 2.50 per unit to the textile units setting up mills in the state, Southern India Mills' Association (SIMA) Chairman S V Arumugam said adding 10 large mills have expressed their willingness to set up units in the state.
Disruption of power during peak hours in Tamil Nadu was affecting the textile mills' production, particularly in the western region, where there is major concentration of textile firms.
Moreover, non-availability of labourers and skilled workers was also creating problem to the mills that started picking up after a four-year crisis.
Besides the availability of land at a lower cost, the state government has also come forward to provide skilled workers by providing training facilities, he said.
Tamil Nadu contributes nearly 35 to 40 per cent to the revenue of the sector, fast replacing the agriculture sector as far as employment generation was concerned.
Source:NewKeral.com/ PTI
