The State government wil expedite works for Integrated Textile Parks in Tiruppur, Kancheepuram, and Erode.
Due to shortage of sea containers, exporters opt for the costlier mode to move consignments.
There is a concerted move by China to subvert Indian economy through underhand dealings, according to international shipping magnates and experts.
The draft pledged as much as 11% incentive to large companies for investments over Rs 500 crore in greenfield projects in technical textiles.
The State government was receptive to the concept of plug-and-play textile parks that the garment industry had mooted, said Raja M. Shanmugham, president of Tiruppur Exporters’ Association.
The Tirupur Exporters' Association (TEA) on Thursday requested the Union Minister for Ports and Shipping Sarbananda Sonowal to address the shortage of containers for shipping.