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by | Mar 16, 2018 | Hosta

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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 1,150,000 sq ft (107,000 m2),[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

References

  1. ^ Narayanan, R Yegya (13 March 2014). "Rs.450 crore textile mall coming up in Erode". The Hindu Business Line. Retrieved 3 December 2016.
  2. ^ "Integrated wholesale textile mall to fulfill textile needs". Fiber 2 Fashion. Retrieved 3 December 2016.
  3. ^ "Maran to inaugurate Rs.145 integrated textile market in Erode". oneindia. Retrieved 3 December 2016.
  4. ^ "Fiber2fashion intends to digitalise Texvalley". TEA. Archived from the original on 20 December 2016. Retrieved 3 December 2016.
  5. ^ "1600 shops in Texvalley ready to start trade". Indian retailer. Retrieved 3 December 2016.
  6. ^ "225 showrooms to be inaugurated in Texvalley". The Hindu. Retrieved 3 December 2016.
  7. ^ "Texvalley to integrate 225 wholesalers in India". Textilefuture. Retrieved 3 December 2016.
  8. ^ "PDEXCIL to have a design studio in the trade complex Texvalley". 10 June 2016. Retrieved 28 December 2020.

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