Texvalley Explained
Texvalley is an integrated textile wholesale and retail market located in Erode, Tamil Nadu, India.[1]
History
The mall was proposed by the Ministry of Textiles under the Comprehensive Power-loom Cluster Development Scheme. It was developed by a special purpose vehicle named Erode Textile Mall Limited.[2] The foundation stone for the construction was laid on 22 January 2011 by the then Union Minister Dayanidhi Maran.[3] The weekly market was opened in August 2014.[4]
Components
Texvalley spreading over a vast area encompasses three major components:
- Big Box Bazaar - for B2B and B2C retail and wholesale market
- Global Market - spread over 1,20,000 sq ft buildup area for B2B and B2C Retail stores
- Value Mall - Spread over 80,000 sq ft land area for B2C Destination Outlet Mall with branded retails, Food & Beverages, Supermarkets, Fashion & Lifestyle, Multiplex and Food court with dine-in restaurants.
Facilities
The Global market is designed to accommodate about 1599 shops in,[5] and contains about 600 showrooms.[6] [7]
In June 2016, the Powerloom Development and Export Promotion Council (PDEXCIL) shifted its regional office into Texvalley, and also opened a textile design studio inside the campus.[8]
See also
External links
Notes and References
- News: Rs.450 crore textile mall coming up in Erode. The Hindu Business Line. R Yegya. Narayanan. 13 March 2014. 3 December 2016.
- Web site: Integrated wholesale textile mall to fulfill textile needs. 3 December 2016. Fiber 2 Fashion.
- Web site: Maran to inaugurate Rs.145 integrated textile market in Erode. oneindia. 3 December 2016.
- News: Fiber2fashion intends to digitalise Texvalley. TEA. 3 December 2016. https://web.archive.org/web/20161220031625/http://tea-india.org/news1/763-fibre2fashion-intends-to-digitalise-texvalley-15-06-2016. 20 December 2016.
- News: 1600 shops in Texvalley ready to start trade. Indian retailer. 3 December 2016.
- News: 225 showrooms to be inaugurated in Texvalley. The Hindu. 3 December 2016.
- News: Texvalley to integrate 225 wholesalers in India. Textilefuture. 3 December 2016.
- Web site: 10 June 2016. PDEXCIL to have a design studio in the trade complex Texvalley. 2020-12-28. en.