Lates News Updates

Jun 1, 2007

Export to Belgium soon

Erode: Cauvery Hi-tech Weaving Park, Komarapalayam, may soon export its produce to Belgium, if the visit of trade representatives from the country is anything to go by.According to M.S. Mathivanan, chairman, PDEXCIL, the park may soon establish a marketing/trade centre in Belgium. He said an MoU had been signed in that regard.

Philippe Delcourt, trade commissioner, South East Asia, Wallonia Trade and Foreign Investment Agency, said the country would help the park in developing designs and offering services of experts.Michel Kempeneers of the agency said they were keen on importing home furnishing from India and hoped that the park would meet most of their requirements. He said they could even buy the entire production of the park. Dr. Mathivanan said the park had a capacity to weave one lakh metres a day. He said the looms in which the home furnishing would be woven were manufactured in Belgium.

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