Industry · recurring
Textile Park, Salem
2 budgets named it 2 year span — ₹ crore allocated 880 ₹ crore whole-project cost DMK government 1 district
First announced in 2023-24 and named again in 1 later budget, most recently 2024-25. Districts: salem. Places named: Salem.
Allocated by budget year
Located at Salem · Salem district
See it on the map → All Industry projects →
What each budget said, year by year
2023-24 Rs.880 crore
“The Hon‟ble Chief Minister had announced that a new Textile Park will be established in the Western region. Accordingly, this park will be established in Salem at a cost of around Rs.880 crore in an area of 119 acres, with funding from Union and State Governments and participation of private sector.” financedept_2023-24_speech_en · p.44 · ¶107 · source PDF ↗ · on the map →
2024-25 Rs.800 crore
“Further, an Integrated Textile Park, spanning 111 acres will be developed by SIPCOT in Salem district with an anticipated investment of Rs.800 crore, leading to creation of 8,000 employment opportunities.” tnbudget_2024-25_speech_en · p.45 · ¶94 · source PDF ↗ · on the map →
Linked projects
- Mini Handloom Parks · sibling
Nearby in the same sector
- New Industrial Estate in Umayalpuram and Puthirakoundanpalayam · 1 year · shares a district
- New Entrepreneur-cum-Enterprise Development Scheme (NEEDS) · 11 years
- Handloom sale rebate subsidy · 8 years
- Industrial Growth Corridor (Madurai–Thoothukudi) · 6 years
- Rebate to Khadi and Sarvodaya Societies · 5 years
- MSME Cluster Development Programme · 4 years