Close Menu
VernoNews
  • Home
  • World
  • National
  • Science
  • Business
  • Health
  • Education
  • Lifestyle
  • Entertainment
  • Sports
  • Technology
  • Gossip
Trending

Judge Sentences Teen to 3-20 Years in Fatal Wrong-Way DUI Crash

March 16, 2026

Heat Dome Delivers Record Triple-Digit Heat to 14 US States Early

March 16, 2026

First-Time Buyers in England Reach Average Age 34 in South East

March 16, 2026

Pregnant Molly-Mae Hague Feels ‘Broken’ After Week of Arguments

March 16, 2026

Surge Energy Declares C$0.043 Monthly Dividend for September

March 16, 2026

Current: Smartest RSS Reader for Seamless Online Updates

March 16, 2026

Government Urges Switch from LPG to Piped Natural Gas Nationwide

March 16, 2026
Facebook X (Twitter) Instagram
VernoNews
  • Home
  • World
  • National
  • Science
  • Business
  • Health
  • Education
  • Lifestyle
  • Entertainment
  • Sports
  • Technology
  • Gossip
VernoNews
Home»top»Tamil Nadu PM MITRA Park Allots Land for Rs 2,192 Cr Investments
top

Tamil Nadu PM MITRA Park Allots Land for Rs 2,192 Cr Investments

VernoNewsBy VernoNewsMarch 1, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Reddit WhatsApp Email
Tamil Nadu PM MITRA Park Allots Land for Rs 2,192 Cr Investments
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email

The Board of Directors at PM MITRA Park in Virudhunagar, Tamil Nadu, allots 190.44 acres of industrial land to 23 investors, unlocking Rs 2,192.21 crore in committed investments and potential for 15,000 jobs. This move bolsters the region’s integrated textile and apparel value chain.

Investments span key segments including integrated plants, yarn manufacturing, fabric production, processing and finishing, garment manufacturing, and technical textiles.

Board Meeting Approves Allotments

Directors approve the land allotments during their 9th meeting on February 27, 2026, chaired by Neelam Shami Rao, Secretary, Ministry of Textiles. Participants include Rohit Kansal, Additional Secretary, Ministry of Textiles; Arun Roy Vijayakrishnan, Secretary, Industries, Investment Promotion and Commerce Department, Government of Tamil Nadu; and Senthil Raj Krishnan, MD, SIPCOT, Tamil Nadu, alongside representatives from NICDC, Ministry of Textiles, and SIPCOT.

Investor Confidence Signals Growth

Robust investor participation reflects strong faith in the park’s design, governance, and long-term viability. These allotments speed up development of a full yarn-to-garment value chain in Virudhunagar, a leading textile manufacturing and export center.

The park’s 20 MLD Zero Liquid Discharge (ZLD) system enables eco-friendly processing for multiple units, including small and medium enterprises.

Advanced Infrastructure and Strategic Location

One of seven mega parks under the PM MITRA scheme, the Virudhunagar facility costs Rs 1,894 crore and incorporates a 15 MLD Common Effluent Treatment Plant (CETP) with ZLD, a 20 MW solar power plant, centralized steam boilers, and about 13 lakh sq ft of ready-to-use plug-and-play units.

Situated directly on National Highway NH 44 and just 106 km from Tuticorin port, the park offers superior connectivity, logistics, and access to a thriving textile ecosystem.

Timeline and Ongoing Works

Nearly Rs 550 crore in infrastructure projects progress at the site, targeting full completion by December 2027. The board emphasizes transparent, policy-focused, and ecosystem-oriented development to fortify India’s textile sector and elevate global competitiveness.

Avatar photo
VernoNews

    Related Posts

    Government Urges Switch from LPG to Piped Natural Gas Nationwide

    March 16, 2026

    Indian Tankers Shivalik, Nanda Devi Clear Hormuz Safely Amid Tensions

    March 16, 2026

    Houthis Threaten Bab el-Mandeb Blockade After Hormuz Warning

    March 16, 2026

    Comments are closed.

    Don't Miss
    crime

    Judge Sentences Teen to 3-20 Years in Fatal Wrong-Way DUI Crash

    By VernoNewsMarch 16, 20260

    A district judge sentenced a 17-year-old driver to three to 20 years in prison for…

    Heat Dome Delivers Record Triple-Digit Heat to 14 US States Early

    March 16, 2026

    First-Time Buyers in England Reach Average Age 34 in South East

    March 16, 2026

    Pregnant Molly-Mae Hague Feels ‘Broken’ After Week of Arguments

    March 16, 2026

    Surge Energy Declares C$0.043 Monthly Dividend for September

    March 16, 2026

    Current: Smartest RSS Reader for Seamless Online Updates

    March 16, 2026

    Government Urges Switch from LPG to Piped Natural Gas Nationwide

    March 16, 2026
    About Us
    About Us

    VernoNews delivers fast, fearless coverage of the stories that matter — from breaking news and politics to pop culture and tech. Stay informed, stay sharp, stay ahead with VernoNews.

    Our Picks

    Judge Sentences Teen to 3-20 Years in Fatal Wrong-Way DUI Crash

    March 16, 2026

    Heat Dome Delivers Record Triple-Digit Heat to 14 US States Early

    March 16, 2026

    First-Time Buyers in England Reach Average Age 34 in South East

    March 16, 2026
    Trending

    Pregnant Molly-Mae Hague Feels ‘Broken’ After Week of Arguments

    March 16, 2026

    Surge Energy Declares C$0.043 Monthly Dividend for September

    March 16, 2026

    Current: Smartest RSS Reader for Seamless Online Updates

    March 16, 2026
    • Contact Us
    • Privacy Policy
    • Terms of Service
    2025 Copyright © VernoNews. All rights reserved

    Type above and press Enter to search. Press Esc to cancel.