Skip to main content

Contract firm starts survey for jewellery industrial park coimbatore

Chennai, Feb. 18- 'Citco' has started technical consultancy work through RDX Architech to set up a jewellery industrial park in Coimbatore at a cost of Rs 126 crore to benefit gold jewellery manufacturing companies.

Contract firm starts survey for jewellery industrial park coimbatore
Jewellery industrial park coimbatore

Which proposed it park in Coimbatore?

Gold jewellery manufactured in Coimbatore is exported to many countries.

In Coimbatore district, a large number of companies are involved in gold jewellery manufacturing. Accordingly, more than 1 lakh people have got jobs through more than 25,000 jewellery workshops. 

Jewellery industries in Coimbatore are struggling due to lack of adequate infrastructure facilities including security. Accepting their demand, Chief Minister Stalin ordered the setting up of a jewellery industrial park in the district at a cost of Rs 126 crore.

Following this, 'Citco' has decided to set up a jewellery industrial park on 3.41 3.4 acres in Kurichi Industrial Estate. The work of providing technical advice for this has been initiated through R. D. X. Architects.

Coimbatore to set up Rs 126 crore jewellery industrial park

RDX, Architech to provide technical consultancy

200 industrial units with 'locker' facility in first phase

The company will listen to the needs of entrepreneurs and submit a technical report with design details to CITCO to set up a jewelry industrial park accordingly. In this regard, a small industries department official said:

It is planned to build an industrial park with 200 industrial units in the first phase with a 'locker' facility for jewelry companies.

R. D. X. will provide the necessary technical advice from the selection of a contractor for the construction work, to the start of the construction work. Accordingly, the work will start soon.
He said this

Comments

Popular posts from this blog

Today gold price April 2025

Today gold rate status in tamilnadu, 22 carat gold is a type of gold alloy that is 91.67% pure gold. The remaining 8.33% is made up of other metals, such as copper, silver, or zinc. This makes 22 carat gold more durable than 24 carat gold, which is 99.99% pure gold. 22 carat gold is also more affordable than 24 carat gold.  Today's Gold Silver price Updated on 05th April 2025 What is the rate of 1 gram gold in Tamil Nadu Today gold silver price 22/24 carat 22ct 1 gm ₹8,310/110⬇️ 24ct 10 gm ₹91,600/1400⏬ 1 gm silver103,00/R5⬇️ 1kg Bar silver ₹90,700 /5300 ⏬ Trading gold silver market live USDINR Rates by TradingView GOLD Quotes by TradingView SILVER Quotes by TradingView The purity of gold is measured in carats, with 24 c...

This gold price is not permanent.

This gold price is not permanent, but when people think of a problem in the country, they buy gold first. It is good to buy as much as needed, but buying too much is foolish. When there is a famine, the things they buy are food, clothing, and money. If we don't have money, it is difficult to sell gold for urgent needs. Gold price Gold market crash history   Will there ever be a situation where gold , which has been rising very, very rapidly in a short period of time, will become a commodity? Studies on gold say that it may come. If we look at the price of gold over the past 50 years, rather than just 10 or 20 years, it seems that what you are saying has happened. That is, in September 1980, the price of 1 ounce of gold touched $666. 19 years later, in September 1999, the same 1 ounce of gold was sold for $255. A 62 percent decline. An ounce did not touch $666 again until 2007. That is, 27 years later. Next, in 2012, 1 ounce of gold touched $1,772. But, in just three ye...

What are the retirement expectations of Indian youth?

A majority of the Indian youth want to retire early and are expecting a large pension, a study has revealed.    Retirement plan Retirement preferences of Indian youth In a survey conducted by Grant Thornton Bharat among various stakeholders across India to find out about retirement planning, more than 55 percent of the participants said that they expect a pension of more than Rs 1 lakh per month during retirement. However, it has also been revealed that the savings they have made are not enough to compensate for this. This study reveals that there is a huge gap between pension preferences and retirement planning.  Most of the participants in the study said that they want to retire before the age of 45 to 55. However, they rely on traditional means such as provident fund, national pension scheme, and gratuity for retirement planning. More than 76 percent of the participants in the study said that they have not invested in annuity plans. The study emphasizes ...