Topic
tamil nadu
Manufacturing Tamil Nadu OE Spinning Mills Threaten 50% Production Cut Over High Cotton Waste Prices
The Open-End Spinning Mills Association (OSMA) warns that over 250 grey yarn OE mills in Tamil Nadu will reduce production by 50% next week unless cotton waste prices drop further. Despite a ₹23/kg fall in cotton prices after the Centre removed the 11% import duty on May 31, Comber Noil prices have only been cut by ₹10–15/kg, squeezing mill profitability. The move could disrupt supply to exporters in Karur and powerloom hubs like Somanur and Erode.
Commodities Tamil Nadu CM Announces ₹134.83 Crore Kuruvai Package for Paddy Cultivation
Tamil Nadu Chief Minister C Joseph Vijay announced the Kuruvai Special Package Scheme 2026, valued at ₹134.83 crore, to promote paddy cultivation in both delta and non-delta districts. The scheme covers an average annual paddy area of 52.72 lakh acres, with 20.65 lakh acres in the Cauvery Delta region alone. The package aims to increase production and productivity during the Kuruvai, Kar, and Sornavari seasons.
Business Residency Hotels invests ₹450 cr in luxury convention hotel in Madurai
The Residency Hotels, owned by Chennai-based Appasamy Group, has launched a luxury convention hotel in Madurai with an investment of ₹450 crore. The hotel, named The Residency Signature, spans seven acres and includes 186 rooms, a convention centre, and event spaces targeting MICE tourism, weddings, and spiritual travel.
Commodities Tamil Nadu Mango Farmers Boost Yields with High-Density Planting
Tamil Nadu mango farmers have significantly increased their yields by adopting ultra high-density planting (UHDP) techniques. This shift, supported by Coca-Cola's Project Unnati, has transformed traditional farming practices, allowing for multiple harvests annually and improved income stability.
Commodities Monsoon Relief Expected in Tamil Nadu
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Business Monsoon Delays Could Impact Indian Agriculture and Economy
The delayed onset of the monsoon in India, as forecasted by the IMD, could have significant implications for the agricultural sector and broader economic conditions. This delay is attributed to disrupted atmospheric conditions and a developing storm system.
Commodities Tamil Nadu Farmer's Agroforestry Model Boosts Coconut Profits
A Tamil Nadu farmer has turned coconut losses into profits through an innovative agroforestry model. By diversifying crops and employing sustainable practices, he increased his income and resilience against drought.