Karthik Madhavan

ERODE: The Tamil Nadu Co-operative Textile Processing Mill Ltd., Erode, will start tapping market for orders.

According to sources, the mill that hitherto serviced only Government-held spinning mills and weaving societies is in the process of extending it to private players.

Towards extending the service, the mill will place orders for a cheese dyeing machine and rotary printer to dye cone yarn and screen print fabrics.

The sources say once the machines are in place, the mill will throw open its doors to private players as well for bleaching, dyeing, processing and printing fabrics and dyeing yarn. The reasons for such a move are to increase profit and also provide round-the-year employment to the workforce, the sources explain. It is also to make the mill independent of government orders.

The mill basically takes fabric from Tamil Nadu Government-controlled mills and societies for processing. It also takes fabric from Kerala Government’s Handtex and Handweave and Karnataka Government’s Handloom Development Corporation.

By depending exclusively on government orders, the mill saw its profits dip gradually. From a net profit of Rs. 1.51 crore in 2005-06, it came down to Rs. 52 lakh in 2006-07 and then to Rs. 30 lakh in 2008-09. In 2207-08 it earned Rs. 56 lakh.

In terms of employment, dependence of government orders alone saw the mill providing employment only for about eight months a year. Soon all that will change, if the government approves its proposal for additional machinery. It provides employment to about 270 people.

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