Minister assures support to treble export turnover by 2030

The new business target foreseen by CII in textile sector is reachable, says Senthilbalaji

The State government will extend all possible support to the textile sector to increase the turnover of export from ₹8,000 crore to ₹25,000 crore by 2030 from Karur as projected by Confederation of Indian Industry (CII), said Minister for Electricity V. Senthilbalaji here on Sunday. Speaking at an interactive session organised by CII-Karur Chapter, he said the district earned huge foreign exchange for the country. It had the potential to even up with Tiruppur in terms of overall business and foreign exchange earnings, thanks to the zeal and committed entrepreneurs and workforce. The new business target foreseen by CII was reachable and he would apprise Chief Minister M.K. Stalin about the CII projection and the requisite infrastructure requirement to achieve the target.