A national-level textile institute offering courses in textile management, marketing and finance is to be set up in Coimbatore.

According to SB Mohapatra, the secretary, Ministry of Textiles, the aim is to provide training for people already working in the industry.

The proposed institute would be an independent body with a governing council made up of industry representatives.

Pending approval by the Union Government for approval, work on the R7-8 crores institute should begin by 31 October.