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₹2,000 cr agro-industrial corridor to come up in delta dists in four years
The New Indian Express
|January 09, 2024
State offers 35% credit-linked subsidy upto a maximum of 10 lakh to any individual who wishes to start food industry
AN agro-industrial corridor will come up in the Cauvery delta districts Thanjavur, Thiruvarur, Nagapattinam, Mayiladuthurai and Tiruchyat a cost of 2,000 crore and work for it will begin in a month.
"It is going to be a revolutionary activity in the delta districts which have not been industrialised so far. Food industry is the apt one to be set up in these districts. The project will run for the next four years and promote food industry in the delta," said Dr K Alagusundaram, MD and chief executive officer, TNApex. He was participating in a panel discussion on the topic "Agro and food processing industry: Unveiling fresh opportunities" as part of the Global Investors Meet.
This story is from the January 09, 2024 edition of The New Indian Express.
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