Government of India has sanctioned Rs.200 crore to the Tirupur dyeing industry, which is on the verge of closure due to severe financial crisis on account of huge investments in the first ever Zero Liquid Discharge (ZLD) projects in the country. This will help ailing Common Effluent plants (CETPs) and 450 dyeing units to recover from the financial crisis.
The government has taken cognizance of this problem of the dyeing industry in Tirupur and on recommendation of the ministry of textiles, the ministry of finance has sanctioned Rs.200 crore to the state government of Tamil Nadu for the 18 CETPs as an interest free loan to be converted into grant based on the performance of the CETPs.
The move will help ailing CETPs and 450 dyeing units to achieve 100 per cent capacity utilisation. More than 450 dyeing units in Tirupur had collectively set up 18 ZLD enabled CETPs with a total cost of Rs.1,013 crore. The project has become a global standard and appreciated by environmentalists and processing industry world over.
Tirupur is a hub of the textile processing and knitting industry providing employment to over 5 lakh persons and contributes 22 per cent of the total garment export of the country. Closure of processing industry could have hit the entire garmenting sector in the region.
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