The South India Textile Research Association Textiles planned on a modern textile research association. The foundation stone was laid on 25 December 1955 by Prime Minister of India, Pandit Jawaharlal Nehru and inaugurated by President of India Sarvepalli Radhakrishnan on 13 October 1958. The first chairman was R. K. Shanmugan Chettiar, also India's first Finance Minister. Padmabushan Kasturi Sreenivasan, who was the Director from 1955 till 1982 was instrumental in establishing SITRA as a major research institute and would later become chairman of National Textile Corporation. The institute is located on Avinashi Road, Peelamedu, Coimbatore near the Airport. The research center is governed by a Council
Prime Minister of India and 40 years old at the time—was sworn in on the evening of 31 October 1984, becoming the youngest person ever to hold the office of prime minister. Rajiv immediately called for a general election. In the subsequent general election, the Congress secured an absolute majority, winning 401 of 552 seats in the Lok Sabha, the maximum number received by any party in the history of India. Vishwanath Pratap Singh—first finance minister and then later defence minister in Gandhi's cabinet—uncovered irregularities, in what became to be known as the Bofors scandal, during his stint at the Ministry of Defence; Singh