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Tamil Nadu Unleashes ₹915 Crore Textile Investment Surge At Global Summit

• By  Textile Excellence
• February 01, 2026

Tamil Nadu sent a clear signal to global textile investors this week: the state is accelerating, not waiting. In the presence of Deputy Chief Minister Udhayanidhi Stalin and Minister for Handlooms and Textiles R. Gandhi, 55 MoUs worth ₹915 crore were signed and exchanged, spanning the entire textile value chain—spinning, weaving, processing, apparel, garments, and technical textiles.

The announcements came at the inauguration of the two-day International Textile Summit 360, positioning Tamil Nadu as one of India’s most policy-aligned and execution-ready textile destinations.

Beyond investment commitments, the state reinforced its exporter-first agenda. Udhayanidhi Stalin presented awards to five leading textile exporters, each receiving ₹2 lakh, recognising performance across five export categories.

Crucially, the government moved from intent to execution. Orders were issued for:

• ₹11.7 lakh in interest subsidies to modernise legacy spinning machinery
• ₹67.49 lakh in subsidies for new powerloom installations
• ₹10.92 crore in capital subsidies for new textile processing plants
• ₹1.3 crore as the state’s share toward setting up an integrated technical textiles mill

Calling Tamil Nadu, the “textile valley of India,” Udhayanidhi highlighted Coimbatore, Tiruppur, and Karur as core hubs powering the state’s textile dominance. He reiterated that the Dravidian Model government’s targeted schemes are designed to translate industrial strength into economic scale, with textiles playing a central role in Tamil Nadu’s trillion-dollar economy ambition.

The momentum extends well beyond this summit. At recent investment conclaves in Coimbatore, Madurai, and Thoothukudi, textile and allied sectors together attracted MoUs worth ₹9,764 crore, underlining sustained investor confidence in the state’s textile ecosystem.

Tamil Nadu is not merely hosting textile summits, it is converting policy, capital, and capacity into a coordinated growth push across the full value chain.

Calling Tamil Nadu, the “textile valley of India,” Udhayanidhi highlighted Coimbatore, Tiruppur, and Karur as core hubs powering the state’s textile dominance. He reiterated that the Dravidian Model government’s targeted schemes are designed to translate industrial strength into economic scale, with textiles playing a central role in Tamil Nadu’s trillion-dollar economy ambition.