CHENNAI: To pour in more job opportunities for the Tiruvarur district, the state government on Thursday signed a Memorandum of Understanding (MoU) with SCM Garments to set up a new unit in Mannargudi.
Under the MoU, SCM Garments (part of The Chennai Silks group) will set up a knitted garments manufacturing facility in Mannargudi and will invest Rs 50 crore in the first phase, said Minister for Industries TRB Rajaa.
"Their (SCM Garment's) customers span the world, from the UK and US to France, China and Hong Kong. That is the Dravidian Model at work. Taking industry to new districts and creating new opportunities," the minister said on X.
The MoU was signed at the Secretariat in the presence of Chief Minister MK Stalin. The new unit is expected to generate 2,500 new jobs in the district

DT Next

CoinDesk
The Texas Tribune Crime
AlterNet
Associated Press US News
Vogue
Reuters US Economy
Tribune Chronicle