3 months ago
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The Central authorities is expected to o.k. ₹9 crore for the jewellery parkland that the Tamil Nadu authorities is processing successful Coimbatore.
An authoritative of the State authorities told The Hindu on Saturday (February 21, 2026) that the Tamil Nadu authorities sent a connection to the Centre successful November past twelvemonth and it is expected to beryllium approved soon.
The State authorities announced successful the caller interim fund that it has allocated ₹81 crore for the jewellery park. The authoritative said the archetypal signifier of the enactment volition beryllium done astatine ₹58 crore during which 5 floors volition beryllium constructed.
“The tender is finalised and erstwhile the Centre approves its publication for operation of the building, works volition start,” the authoritative said.
Chief Minister M.K. Stalin laid instauration for the parkland successful October past year. The park, to beryllium developed connected 2.46 acres, is estimated to outgo ₹126.12 crore successful total, and volition payment thousands of goldsmiths and jewellery assemblage stakeholders successful the region.
S.M. Kamal Hasan, president of the Coimbatore Goldsmiths’ Association, said initially the Centre had approved a ₹15 crore task to acceptable up a communal installation centre for the goldsmiths here. The Centre was to disburse ₹11.8 crore for that.
“The earlier task would person benefited lone a tiny fig of goldsmiths. The jewellery parkland that volition travel up astatine Kurichi volition payment a ample fig of stakeholders successful the jewellery sector,” helium said.
