VTM signs MoU with Government of Tamil Nadu

VTM has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to invest Rs 50 crore in a span of two years for manufacture of Cotton Grey Fabric and Home Textiles Products in Madurai and Virudhunagar Districts, with an intent to create approximately 40 direct jobs and 10 indirect jobs.

VTM specialise in the manufacture of grey weaving requirements for both the export and domestic markets.