In Karur and Tirupur scope for expansion is limited due to labour shortage
The Confederation of Indian Industries (CII) is looking at the possibility of developing local economy by dovetailing the strength of labour availability in Tiruchi with the full-fledged textile industry eco-system in Karur and Tirupur districts where scope for expansion is limited by manpower shortage.
State functionaries of CII held discussions with Collector P. Rajamani and other senior officials here on Friday for establishing the infrastructure for finishing and packing of export-quality textile products being transported to Tuticorin port from the two districts via Tiruchi. The Collector had expressed readiness to interact with textile industrialists in Karur and Tirupur districts for making it happen.
With the agenda of increasing industrial activity in Tiruchi and promoting entrepreneurship, the CII team also discussed with the Collector the ways to utilise the land banks in sub-urban and rural pockets including Tiruverumbur, Manapparai, Thuraiyur for establishment of industries on cluster basis; for harnessing water, improving air connectivity to domestic destinations, expanding cargo activities, and for according focus on agro-processing. “The Tiruchi Zone of CII will shortly be releasing the District Development Plan with specific details,” said P. Ravichandran, Chairman, CII Tami Nadu.
Mr. Ravichandran and CII Tamil Nadu Vice-Chairman M. Ponnuswami were appreciative of the outcome of the Tamil Nadu Business Facilitation Ordinance 2017 promulgated by the State Government to regain its pride of place in ease of doing business.
Tiruchi region will stand to gain significantly from the Defence Industrial Corridor project, and the proposal of Chennai Petroleum Corporation Limited to establish a new refinery in Nagapattinam district, they said.
Mr. Ravichandran later inaugurated YUTRY 2018: 4th edition of Entrepreneurship Conference and Idea Challenge organised by Yi (Young Indians), CII Tiruchi Zone, in the presence of John Ashok Varadarajan, Chair, Yi Tiruchi Chapter; P. Raghuraman, Chairman, CII Tiruchi Zone; and A.S. Ananthakrishnan, Vice-Chairman.
The second day events on Saturday would encompass two components: ‘Learn from Legends’ that would feature interactions between aspiring entrepreneurs among students with successful industrialists, and ‘Start-up Tiruchi’, a platform for students to present their business ideas. The two-day program envisages active interaction between hundreds of students with entrepreneurial instinct drawn from colleges in the region with successful industrialists.