SIDCOs trade centre near Panchapur and SIPCOTs industrial park near Manapparai have entered a crucial stage in attracting and promulgating investments in Trichy, however, the long pending demand to establish a mini textile park (MTP) seems far from becoming a reality. Despite the fact that the scheme to establish a MTP in Trichy was announced in 2015, there has been no progress to source required land. Sources in the state handlooms and textiles department said that Sethurapatti near Srirangam could be a possible site for establishing the park. The western districts such as Coimbatore, Karur and Tirupur are renowned for textile manufacturing, however, there districts are reportedly reaching a saturation point. Industry experts in the small-scale industries disclosed that investors are looking forward to expand their presence in non-textile manufacturing districts such as Trichy given the availability of land/manpower coupled with. A floating population of two lakh people per day largely due to the well-known temples situated there.
Earlier in 2017, officials with the regional office of textile commissioner, functioning under the Union Ministry of Textiles assessed that Trichy has immense potential to market textile products.
Following this assessment, the state government in 2015 announced that a mini textile park spread over 10 acres would be established in Trichy, but unfortunately nothing much has done as OD date.
President of TIDITSSIA, N Kanagasabapathy noted. "In Puthanampatti village near Manapparai, units with readymade manufacturing cluster are even exporting their products. Provided we establish a proper platform with financial and technical support for interested investors in textile sector, not just in Trichy but in central districts there is a possibility for textile industry to flourish.
An official source from the handlooms and textile department said, "Ten acres of land required for the textile park is yet to be identified and also the investment potential is yet to be studied."
Industrialists suggested that 10 acres of land in SIPCOT industrial park in Manapparai should be earmarking for the project.
Three major investment catalysts for Trichy are: SIDCO trade centre, 9.4 acres in Panchapur, status, SIDCO awaits enter-upon permission to commence construction work; SIPCOT Industrial Park, 1,050 acres, Manapparai, status, land acquired but environmental clearance needed to prepare layout for site; Mini textile park, minimum 10 acres needed, status, land yet to be identified.