Economy of Salem: Difference between revisions

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The handloom industry is one of the most ancient cottage industries in [[Salem, Tamil Nadu|Salem]] district of Tamil Nadu, India.<ref name=":10">{{cite book|last=Roy|first=Tirthankar|url=https://books.google.com/books?id=AA3MDwAAQBAJ|title=The Crafts and Capitalism: Handloom Weaving Industry in Colonial India|date=2020-01-28|publisher=Taylor & Francis|isbn=978-1-000-02469-2|language=en}}</ref><ref name=":11">{{cite web|date=2019-11-29|title=Salem Cotton|url=https://isha.sadhguru.org/in/en/outreach/save-the-weave/indian-weaves/salem-cotton|access-date=2021-01-12|website=Isha Sadhguru|language=en}}</ref> The handloom industry is one of the most ancient cottage industries in Salem district of Tamil Nadu. Next to agriculture hand-loom weaving is considered the most important industry in Tamil Nadu as well as India. In Salem district the chief industry was weaving, which was carried on in almost every large town or village.
The handloom industry is one of the most ancient cottage industries in [[Salem, Tamil Nadu|Salem]] district of Tamil Nadu, India.<ref name=":10">{{cite book|last=Roy|first=Tirthankar|url=https://books.google.com/books?id=AA3MDwAAQBAJ|title=The Crafts and Capitalism: Handloom Weaving Industry in Colonial India|date=2020-01-28|publisher=Taylor & Francis|isbn=978-1-000-02469-2|language=en}}</ref><ref name=":11">{{cite web|date=2019-11-29|title=Salem Cotton|url=https://isha.sadhguru.org/in/en/outreach/save-the-weave/indian-weaves/salem-cotton|access-date=2021-01-12|website=Isha Sadhguru|language=en}}</ref> The handloom industry is one of the most ancient cottage industries in Salem district of Tamil Nadu. Next to agriculture hand-loom weaving is considered the most important industry in Tamil Nadu as well as India. In Salem district the chief industry was weaving, which was carried on in almost every large town or village.


Salem was one of the primary handloom centers of south India.<ref>{{cite book|last=Nayar|first=M. K. K.|url=https://books.google.com/books?id=EvGvDQAAQBAJ|title=Story of an Era Told Without Ill-will|date=2014-02-24|publisher=D C Books|isbn=978-93-81699-33-1|location=|pages=204|language=en}}</ref> [[Sari]], [[dhoti]] and angavasthram are made out of silk yarn and cotton yarn.<ref>{{cite book|last=|first=|url=https://books.google.com/books?id=onXjAAAAMAAJ|title=Young India|date=1981|publisher=Navajivan Publishing House|isbn=|location=|pages=334|language=en}}</ref> In the recent past, home furnishing items are also woven, mainly for export purposes. More than 75,000 handlooms<ref>{{cite web|title=INDIAN INSTITUTE OF HANDLOOM TECHNOLOGY|url=http://www.iihtsalem.edu.in/|access-date=2021-01-12|language=en-US}}</ref> are working and the total value of cloth produced per annum is estimated at Rs.5,000 crores
Salem was one of the primary handloom centers of south India.<ref>{{cite book|last=Nayar|first=M. K. K.|url=https://books.google.com/books?id=EvGvDQAAQBAJ|title=Story of an Era Told Without Ill-will|date=2014-02-24|publisher=D C Books|isbn=978-93-81699-33-1|location=|pages=204|language=en}}</ref> [[Sari]], [[dhoti]] and angavasthram are made out of silk yarn and cotton yarn.<ref>{{cite book|last=|first=|url=https://books.google.com/books?id=onXjAAAAMAAJ|title=Young India|date=1981|publisher=Navajivan Publishing House|isbn=|location=|pages=334|language=en}}</ref> In the recent past, home furnishing items are also woven, mainly for export purposes. More than 75,000 handlooms<ref>{{cite web|title=INDIAN INSTITUTE OF HANDLOOM TECHNOLOGY|url=http://www.iihtsalem.edu.in/|access-date=2021-01-12|language=en-US}}</ref> are working and the total value of cloth produced per annum is estimated at Rs.5,000 crores.
 
== Steel authority ==
Salem Steel Plant (SSP), a unit of [[Steel Authority of India|Steel Authority of India Limited]] (SAIL), is a [[Steel mill|steel plant]] involved in the production of [[stainless steel]].<ref name=":0">{{cite web|title=Salem Steel Plant {{!}} SAIL|url=https://sail.co.in/special-steel-plants/salem-steel-plant|website=sail.co.in|access-date=2020-05-30}}</ref> It is located along the Salem — Bangalore [[National Highway 44 (India)|National Highway 44]] in the foothills of [[Kanjamalai]] in [[Salem district]], [[Tamil Nadu]], India.<ref name=":1">{{cite web|title=PROFILE OF SALEM STEEL PLANT (SSP)|url=https://sg.inflibnet.ac.in/bitstream/10603/23165/7/07_chapter%202.pdf|website=sg.inflibnet.ac.in|access-date=30 May 2020}}</ref><ref name=":2">{{cite journal|last1=M|first1=Prakash|last2=M|first2=Manickam|year=2014|title=A Salem Steel plant an Overview|url=https://theinternationaljournal.org/ojs/index.php?journal=rjcbs&page=article&op=download&path%5B%5D=2803&path%5B%5D=pdf|journal=Research Journal of Commerce and Behavioural Science|publisher=The International Journal Research Publications|volume=3|pages=8|issn=2251-1547}}</ref> The plant has an installed capacity of 70,000 tonnes per annum in its cold rolling mill and 3,64,000 tonnes per annum in the hot rolling mill.<ref name=":0" /> It also has the country's first stainless steel blanking facility.<ref name=":3">{{cite news|last=Dutta|first=Indrani|date=2010-07-12|title=Salem Steel's expansion set to be completed by September|language=en-IN|work=The Hindu|url=https://www.thehindu.com/business/Salem-Steels-expansion-set-to-be-completed-by-September/article16194342.ece|access-date=2020-05-30|issn=0971-751X}}</ref>
 
=== Production facilities ===
The major facilities at the plant include<ref name=":0" /><ref name=":1" />
 
* Steel Melting Shop
* Cold Rolling Mill Complex
* Hot Rolling Mill Complex
* Stainless Steel Blanking Line
 
SSP specializes in the production of [[Cold-formed steel|cold rolled stainless steel]] in the form of coils and sheets.<ref name=":2" /> The raw materials are imported and also supplied by [[Durgapur Steel Plant|Alloy Steel Plant]] in [[Durgapur]].<ref name=":1" /> The steel melting shop's annual capacity is 1,80,000 tonnes of slabs per annum. The hot-rolling mill and cold-rolling mill have capacities of 3,64,000 and 66,600 tonnes per annum respectively.<ref name=":0" />
 
SSP supplies steel to [[Bharat Heavy Electricals Limited|BHEL]]-[[Tiruchirappalli|Tiruchirapalli]], [[HMT (company)|HMT]], [[Bharat Electronics Limited]]-[[Bangalore]] and [[Indian Telephone Industries Limited|Indian Telephone Industries]].<ref name=":1" /> Stainless steel is also exported to over more than 37 countries including Spain, UK, Japan, Germany and Switzerland.<ref name=":2" /> Between 1994 and 1995, around 41,500 tonnes to as many as 27 countries.<ref name=":1" />


==References==
==References==
{{Reflist}}
{{Reflist}}

Revision as of 16:02, 14 February 2022

The economy of Salem, Tamil Nadu is mostly influenced by Information Technology, Steel, Textile industry, Agriculture and more. Salem is most popularly known as Steel city and Mangoes city of India. The gross domestic product (GDP) of Salem city is 12,134.10 GDP (IN RS. CR.). and growth rate is Growth Rate % (YOY) is 10.31. It is the third-largest district economy in Tamil Nadu while GDP growth in Chennai GDP (IN RS. CR.) 20,847.32 (1), Coimbatore GDP (IN RS. CR.) 23,371.63 (2), Madurai GDP (IN RS. CR.) 10,401.02 (5), Tiruchirappalli GDP (IN RS. CR.) 10,493.93 (4).[1] Salem has one Special Economic zone over 40 in Tamil Nadu, ELCOT has established an IT Special Economic Zone at Jagirammapalayam village, Salem, in an extent of 53.33 acres of land at an investment of Rs. 40.53 crore.[2]

File:Salem SEZ front view.jpg
Front View of SEZ Salem

Salem district also have local planning authority called Salem Local Planning Authority[3] for development of Salem City Corporation area and Salem Metropolitan Area. And also for suburbs in Salem district.

Information technology

Salem has been categorized as a tier II city and the Tamil Nadu government has collaborated with ELCOT to fortify IT park sprawling an area of 160 acres. This has the potential to employ bevy of graduates for the progression of the state. Unemployment can be warded off to some extent with the advent of this park.

Textiles

The handloom industry is one of the most ancient cottage industries in Salem district of Tamil Nadu, India.[4][5] The handloom industry is one of the most ancient cottage industries in Salem district of Tamil Nadu. Next to agriculture hand-loom weaving is considered the most important industry in Tamil Nadu as well as India. In Salem district the chief industry was weaving, which was carried on in almost every large town or village.

Salem was one of the primary handloom centers of south India.[6] Sari, dhoti and angavasthram are made out of silk yarn and cotton yarn.[7] In the recent past, home furnishing items are also woven, mainly for export purposes. More than 75,000 handlooms[8] are working and the total value of cloth produced per annum is estimated at Rs.5,000 crores.

Steel authority

Salem Steel Plant (SSP), a unit of Steel Authority of India Limited (SAIL), is a steel plant involved in the production of stainless steel.[9] It is located along the Salem — Bangalore National Highway 44 in the foothills of Kanjamalai in Salem district, Tamil Nadu, India.[10][11] The plant has an installed capacity of 70,000 tonnes per annum in its cold rolling mill and 3,64,000 tonnes per annum in the hot rolling mill.[9] It also has the country's first stainless steel blanking facility.[12]

Production facilities

The major facilities at the plant include[9][10]

  • Steel Melting Shop
  • Cold Rolling Mill Complex
  • Hot Rolling Mill Complex
  • Stainless Steel Blanking Line

SSP specializes in the production of cold rolled stainless steel in the form of coils and sheets.[11] The raw materials are imported and also supplied by Alloy Steel Plant in Durgapur.[10] The steel melting shop's annual capacity is 1,80,000 tonnes of slabs per annum. The hot-rolling mill and cold-rolling mill have capacities of 3,64,000 and 66,600 tonnes per annum respectively.[9]

SSP supplies steel to BHEL-Tiruchirapalli, HMT, Bharat Electronics Limited-Bangalore and Indian Telephone Industries.[10] Stainless steel is also exported to over more than 37 countries including Spain, UK, Japan, Germany and Switzerland.[11] Between 1994 and 1995, around 41,500 tonnes to as many as 27 countries.[10]

References

  1. ↑ "Districtwise GDP and Growth Rate Based at Current Price (1999-00) From 1999-00 to 2006-07 - Tamilnadu, India - knoema.com". Knoema. Retrieved 2021-05-14.
  2. ↑ "MEPZ SEZ — Tamilnadu". mepz.gov.in. Retrieved 2021-05-14.
  3. ↑ "Salem District Town and Country Planning | Salem District, Government of Tamil Nadu | India". Retrieved 2021-05-14.
  4. ↑ Roy, Tirthankar (2020-01-28). The Crafts and Capitalism: Handloom Weaving Industry in Colonial India. Taylor & Francis. ISBN 978-1-000-02469-2.
  5. ↑ "Salem Cotton". Isha Sadhguru. 2019-11-29. Retrieved 2021-01-12.
  6. ↑ Nayar, M. K. K. (2014-02-24). Story of an Era Told Without Ill-will. D C Books. p. 204. ISBN 978-93-81699-33-1.
  7. ↑ Young India. Navajivan Publishing House. 1981. p. 334.
  8. ↑ "INDIAN INSTITUTE OF HANDLOOM TECHNOLOGY". Retrieved 2021-01-12.
  9. ↑ 9.0 9.1 9.2 9.3 "Salem Steel Plant | SAIL". sail.co.in. Retrieved 2020-05-30.
  10. ↑ 10.0 10.1 10.2 10.3 10.4 "PROFILE OF SALEM STEEL PLANT (SSP)" (PDF). sg.inflibnet.ac.in. Retrieved 30 May 2020.
  11. ↑ 11.0 11.1 11.2 M, Prakash; M, Manickam (2014). "A Salem Steel plant an Overview". Research Journal of Commerce and Behavioural Science. The International Journal Research Publications. 3: 8. ISSN 2251-1547.
  12. ↑ Dutta, Indrani (2010-07-12). "Salem Steel's expansion set to be completed by September". The Hindu. ISSN 0971-751X. Retrieved 2020-05-30.
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