Coimbatore, Jan. 29 -- Tamil Nadu Chief Minister MK Stalin on Thursday announced a 20 per cent capital subsidy for the purchase of advanced textile and garment machinery, as part of the Tamil Nadu Government's efforts to further strengthen the textile sector.

Addressing the ongoing International Textile Conference at the CODISSIA Trade Fair Complex in Coimbatore through video conferencing, the Chief Minister said Tamil Nadu, the second-largest economy in the country, continues to lead in ensuring inclusive growth with social justice.

He noted that under the Dravidian Model of governance, the textile sector has recorded rapid growth on par with sectors such as automobiles, information technology and footwear manufacturing.

The Chief Min...