TN mills look to set up shop in state
- Tanzanian student was not stripped, paraded naked: K'taka Home Minister
- National Herald case: Sonia, Rahul Gandhi move SC challenging Delhi HC order
- Budget session of Parliament to begin on Feb 23; Jaitley hopeful of GST
- Suspended UP chief engineer Yadav Singh arrested, Congress, BJP say probe links
- Will stand by Pakistan if it acts on terror: Rajnath Singh
Faced with the rising cost of cotton and power and labour issues, the Southern India Mills' Association (SIMA) plans to set up units in Gujarat or Maharashtra. SIMA is also hopeful that Surat's developed textile industry would benefit them, sources said.
Gujarat is one of the nation's largest cotton producers, accounting for around 40 per cent of the total production. Most of Gujarat's cotton is exported to Tamil Nadu and other south Indian states for spinning; the yarn comes back to Gujarat and Maharashtra for weaving, processing and dyeing.
Tamil Nadu has some 400 large and several hundred smaller spinning units, but is plagued by shortage of power and large transportation costs. At a recent meeting, SIMA members decided to set up mills in Maharashtra or Gujarat. BDO, a private limited firm, made presentations on behalf of the Gujarat government, and a 15-member SIMA team will visit the state soon to examine the possibility of setting up factories.
- Outcome on Section 377 will depend on composition of the Constitution bench
- Inadequate staff, payment delays undermine MGNREGA in drought-hit Mahabubnagar
- ICDS, the primary scheme targeting malnutrition, needs to be broadened
- Rohith's death must focus attention on the rites of exclusion in the university
- Telescope: State in the bedroom
- The economy is best served by lowering interest rates and blocking protectionism