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MIDC acquires 113 hectare land to set up textile park in Nashik

YarnsandFibers News Bureau 2017-01-31 15:00:00 – Nashik

The Maharashtra Industrial Development Corporation's (MIDC) regional office proposes textile park for which it has acquired 113 hectare land parcel. The proposed park is expected to attract investment and provide job opportunities to the youths.

A proposal for infrastructural development has been sent to the head office for approval. On receiving approval, the MIDC will float tenders for developing infrastructure.

A senior official from the MIDC said that they have already acquired 113 hectare at Sayane near Malegaon that will house only textile units. They are in the process of developing infrastructure. They have already prepared a proposal worth Rs 15 crore to develop infrastructure like roads, water supply, streetlights, among others. The proposal has been sent to our head office in Mumbai for approval.

He further added that they will float a tender for infrastructural works once they get a nod from their head office. There may be delay of a month due to code of conduct due to civic and ZP elections. It will take around a year for developing the infrastructure following which plots at the park will be allotted to textile units.

Manish Rawal, chairman of NIMA infrastructure committee, said that this is a positive development for Nashik. Textile sector is still new for Nashik and this proposed Textile Park will attract new investments. This will not only fetch investment, but will also provide job opportunities to thousands of youths. It will also create a vendor base in Nashik.

He added that they are already making efforts to bring in new investment, but they need adequate land. At this juncture, 113 hectare (282 acres) will be available for textile units. At the same time, the MIDC needs to develop infrastructure at the earliest and start allotment of plots for those who wanting to set up textile units.

Apart from this, the MIDC is also mulling over to build Common Effluent Treatment Plant (CETP) project for the textile units. The CETP project is estimated to cost Rs 10 crore. They are preparing the proposal that will be sent to their head office for approval.

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