· Manufacturing & Investment · Source: economictimes.indiatimes.com

TechnoSport to invest ₹130 crore to expand Erode manufacturing facility, to add 500 jobs

Why it matters

Why it matters for greenfield investors: TechnoSport to invest ₹130 crore to expand Erode manufacturing facility, to add 500 jobs. Policy and MoU windows only matter if land, utilities, and approvals can be sequenced against the scheme.

TechnoSport has announced a ₹130 crore investment to expand its existing manufacturing facility in Erode, Tamil Nadu, under an MoU signed with the state government. The expansion will increase production capacity from 25 tonnes to 40 tonnes per day by FY27 and create 500 new jobs. The activewear company is also expanding its retail network, strengthening Tamil Nadu’s textile and apparel manufacturing ecosystem.

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