The Palladam Hi-Tech Weaving Park (India's First and Largest Hi tech Textile weaving Park) was commissioned in 2007 and is one of the nations advanced weaving parks. It is a cluster of the textile industry and contains a variety of textile factories. This park serves as a model for the different other textile parks that been planned by the Govt. of INDIA (GoI). Spreads over 65 acres, the Palladam Hi-Tech Weaving Park (PHWP) is the first of the integrated textile park models. The PHWP functions on the model of a Public-Private partnership, managed by user entrepreneurs. The PHWP acts as a sourcing hub for the global industrial fabrics, home furnishing, and garments market. Leading strategic and project management support to the integrated textile parks, is IL&FS CDI, a leading multidisciplinary conglomerate with interests in infrastructure, finance, capacity building initiatives, technology and marketing.