VTM Ltd Signs MoU with Tamil Nadu Government to Invest ₹50 Crore.

VTM Limited has entered into a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to invest ₹50 crore over the next two years for the manufacture of cotton grey fabric and home textile products in Madurai and Virudhunagar districts.

The project is expected to generate around 40 direct jobs and 10 indirect jobs, supporting local employment while strengthening the state’s textile manufacturing sector.