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PostPosted: Wed Jan 17, 2018 12:15 am 
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Mini textile park at Manapparai soon

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Will help export of readymade garments

The Tiruchi District Tiny and Small Scale Industries' Association (TIDITSSIA) has been shown a few locations in Manapparai area for establishment of a mini textile park (MTP) with substantial government subsidy.


The location of the MTP with common facility centres for design ideation, training, and sales in Manapparai area will be ideal for the development of the readymade garments business in Puthanatham town, N. Kanagasabapathy, TIDITSSIA president, said.

The MTP scheme envisaging establishment of at least 10 production units on a minimum area of 10 acres has to be developed through formation of a Special Purpose Vehicle.

The government, through the Handlooms and Textiles department, will make available subsidy to the extent of 50% with a maximum ceiling of Rs. 2.5 crore under the project.

The Revenue authorities have identified a little over 24 acres within the jurisdiction of the proposed area identified for establishment of the SIPCOT Industrial Park, Mr. Kanagasabapathy said.

Such a facility, industry sources said, would be ideal for promoting export.

Most of the more than 50 readymade garment manufacturers in Puthanatham, located about 17 km away from the Manapparai town, have specialised in making churidars and children's apparel of export quality by virtue of frequent study visits to Mumbai.

Establishment of the MTP, industry sources said, will be a motivating factor for scaling up production through cluster approach.



source: http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/mini-textile-park-at-manapparai-soon/article22446836.ece


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PostPosted: Sat Jan 13, 2018 10:36 am 
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Industrial park land at Manapparai handed over to SIPCOT

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Much to the relief of the small and medium enterprises, there has been a positive development in the Industrial Park project by SIPCOT (Small Industries Promotion Corporation of Tamil Nadu Limited) in Manapparai taluk. The Revenue Department has completed the task of handing over most of the huge extent of land for the project to the SIPCOT.

In a letter to president of TIDITSSIA (Tiruchi District Tiny and Small Scale Industries Association) N. Kanagasabapathy earlier this month, SIPCOT authorities said that an extent of 1050.92 acres has been acquired, and that environment clearance has to be obtained.

The letter states that the SIPCOT has already uploaded documents in the designated Ministry of Environment and Forest website for issue of Terms of Reference (ToR) by State Environment Impact Assessment Agency (SEIAA). The proposal will be taken up for consideration in the forthcoming meeting of SEIAA after which further action will be taken for development and allotment of plots to entrepreneurs at the earliest, the letter states.

Meanwhile, the TIDITSSIA is getting ready to partner with SIDCO (Small Industries Development Corporation) for establishment of Trade Facilitation Centre at Panjapur.

TIDITSSIA is, however, yet to take possession of the 9.4 acre land since the Revenue authorities are currently learnt to be verifying the veracity of the claim of ownership by a private party.

The State has already allocated Rs. 5 crore during this fiscal as 50% grant for establishing the centre with exhibition hall, convention hall, communication facilities and office space, under public-private-partnership mode.

“We are looking forward to starting construction work at the earliest, and hope the process of hand over will be completed soon,” TIDITSSIA president N. Kanagasabapathy said.



source: http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/industrial-park-land-at-manapparai-handed-over-to-sipcot/article22433418.ece


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PostPosted: Thu Jan 11, 2018 11:42 pm 
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PostPosted: Tue Jan 09, 2018 11:49 pm 
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Eyeing a share in producing Defence components

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BHELSIA to participate in an exhibition to be conducted by the Defence Ministry

In the backdrop of depleting outsourcing orders from BHEL, engineering industries in Tiruchi that are mired in financial crisis are looking at the possibility for fabricating components for Defence for sustaining their operations.

Representing the ancillaries, functionaries of BHEL Small Industries Association (BHELSIA) will be making a presentation of their competencies during the two-day exhibition by armed forces, public sector undertakings under the Defence Ministry, and 52 DRDO laboratories, to be conducted by the Ministry in Chennai on January 18 and 19, to explore ways to make Tamil Nadu a Defence manufacturing hub.

BHELSIA, its president Ashok Sundaresan said, has been invited to take part in the exhibition, and that he had held a discussion with the Defence Minister Nirmala Sitharaman on Sunday, to highlight the potential for Tiruchi to emerge as hub for manufacture of defence product components.

Due to reduced orders from the BHEL over the recent years, the capacity utilisation at most of the nearly 400 ancillary had shrunk drastically displacing several thousands of workers out of jobs.

As part of its attempt to attune capacities to derive advantages inherent in the 'Make in India' initiative of the Central Government, the BHELSIA functionaries will also be interacting with a Defence consultant at a meeting to be organised by the Confederation of Indian Industry, Tiruchi Zone, towards this month-end.

According to S. Sundarrajan, former Program Director of BRAHMOS, DRDO, and former Director of National Institute of Technology - Tiruchi, engineering units in Tiruchi could tap a huge potential, through adaptation of quality norms, and tweaking capabilities to fabricate components with metals such as aluminium and titanium, to cater to the Defence industry.

A gap analysis and subsequent training programs can change the profile of the engineering units, in the event of enthusiastic reciprocation, Prof. Sundarrajan said.



source
: http://www.thehindu.com/news/cities/Tiruchirapalli/eyeing-a-share-in-producing-defence-components/article22401937.ece


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PostPosted: Thu Dec 28, 2017 10:52 pm 
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Over 100 Rice mills in Trichy District hope for hike in selling price

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Prospects of increase in paddy production in 2018

Over 100 rice mills in the district spread over Mannachanallur, Manapparai and Tiruchi taluks are looking forward to an upward movement in the selling price of processed rice.

Stagnancy in the wholesale price of rice sold in 25-kg bags in the range of Rs. 1,000 to Rs. 1,100 has pushed many a mill into a situation of financial stress, Chinnasamy, president of Tiruchi Rice Mill Owners’ Association, said.

Since paddy production fell to 25% of the usual level last year, most of the mills sourced paddy from other States. Hence, there was not much of a difference in production levels, but large stocks remained unsold, Mr. Chinnasamy said.

In order to compete with the mills in Karnataka and Andhra Pradesh, the production units in Tiruchi adopted modernisation to ramp up output. Paddy of fine qualities had to be sourced from these States.

The operating efficiency of the mills had to be increased to derive the ‘economy of scale’ utility, but the stagnancy in the selling price of processed rice over the last two to three years did not help in serving as a complementing factor, Mr. Chinnasamy explained.

With brightening prospects of increased paddy production within Tamil Nadu over the next year, the expenditure hitherto incurred on transportation of paddy from other States will be lesser, millers say. But they are not too optimistic about profitable operation.

Modernisation moves

The margins will still remain stressed, and the trend is likely to prompt the mills to put on hold investments on modernisation, industry sources said.

Further, the sector being labour-intensive, the mill owners are looking for support from the government with the welfare of rural economy in mind.

Since the mills are dependent on large loans for modernisation, a support system is vital for the mills to have the extent of cash flow that would suffice for meeting the operational costs and earning a profit margin, after debt servicing, Mr. Chinnasamy said.



source: http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/rice-mills-in-tiruchi-hope-for-upward-movement-in-selling-price/article22283686.ece


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PostPosted: Tue Dec 26, 2017 9:22 am 
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Entrepreneurship workshop

There will be a workshop on ‘Financial management for women entrepreneurs,’ in Tiruchi on December 28. It will be held at TIDITSSIA at Ariyamangalam. Women entrepreneurs can attend the programme. More details can be had by dialling 0431-2440119 or 2440114.

http://www.thehindu.com/todays-paper/tp ... 278788.ece


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PostPosted: Sat Dec 23, 2017 10:14 pm 
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source: IE


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PostPosted: Fri Dec 15, 2017 5:25 pm 
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Source:TOI


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PostPosted: Thu Dec 14, 2017 10:20 am 
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BHEL-Trichy urged to issue fresh tender

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BHELSIA (BHEL Small Industries' Association) on Wednesday urged BHEL to disqualify Nagpur-based Seam Industries Limited from the annual tender bidding, taking cognisance of its “questionable antecedents”, and to issue tender afresh by making the fair price disclosure with bandwidth, like many other public sector enterprises.

Addressing mediapersons on Wednesday following the stay granted on Wednesday by the Madurai Bench of High Court that requires BHEL to put on hold the bidding by Seam Industries Limited, BHELSIA president S. Ashok Sundaresan questioned the rationale behind BHEL permitting the company to take part in the bidding without taking note of its past economic offences.

In its order, the court had directed the Executive Director of BHEL, Tiruchi Complex, to submit a reply within four weeks to the points raised by BHELSIA.

Mr. Ashok Sundaresan said that though the prospectus submitted by the Nagpur-based company at the National Stock Exchange for its initial public offering revealed its “questionable background”, the offences were not reported by the company in the 'Integrity Pact' portion of the tender.

“Concealment of critical offence particulars is liable for disqualification in tender. BHEL has not verified the particulars while giving the tender. It is an offence under public policy,” he said.

BHEL ought to emulate other government undertakings that reject biddings lower than the internal estimate price. The underquoting by Seam Industries was a means to build an orderbook to market its shares. The annual tender determines the fate of 300 MSMEs employing 50,000 workers in Tiruchi, he said, appealing for rescue of ancillaries from closure.



source: http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/bhel-urged-to-issue-fresh-tender/article21617538.ece


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PostPosted: Tue Dec 12, 2017 10:52 pm 
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