The Southern India Mills’ Association (SIMA) is planning a textile park in district Cuddalore, Tamil Nadu. The park is expected to be commissioned by 2017 and will have 10 units that will process yarn and fabric for captive use. SIMA has also plans same such park in district Ramanathapuram on 200 acres of land. The total investment in the park will be nearly Rs. 500 crore.
Extracted from The Hindu, Sep 26,’15
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