Textile hub plan gets a boost

On Monday, Raymond Industries Ltd signed an investment of Rs 1,500 crore to generate employment up to 7,500.

Chief Minister Devendra Fadnavis told the state Assembly, “The government has offered the letter of intent to Raymond Chairman Gautam Singhania to set up textile project at Nandgaon Peth in Amravati.”
The project will be developed on 500 acres.

The textile revival is amongst the pet projects of Fadnavis. He stressed a model where cotton-growing fields have to be linked with processing units and readymade garments. It would make the textile sector economically viable and bring higher dividends to farmers.
The government has allocated 102 hectares to Messr Shyam Indofab Ltd, MVHM Industries, Suryalaxmi Mills, Siyaram Silk for textile and processing units at Nandgaon.

It will bring in Rs 2,200 crore investment and employment for 5,200.

Fadnavis said, “Prime Minister Narendra Modi’s mantra of ‘Farm to Fashion’ will help in revival of the textile sector. The textile sector is crucial in the socio-economic uplift of cotton-growing farmers in Vidarbha and Marathwada.”

Through the textile revival policy, the government identified centres in each region which would be turned into textile parks, with cotton processing and readymade garments.

The new textile hubs sanctioned in MIDC includes Nandgaon (Amravati), Yavatmal, Chikali (Buldhana), Jamner (Jalgaon), Kannad (Aurangabad), Selu (Parbhani), Bhaler (Nandurbar), Malegaon (Nashik), Kunnor (Nanded) Mazalgaon (Beed), Maharashtra Industrial Development Corporation new textile park.

The state government also signed an MoU with BOSCH for skill development of 2,000 youths.