The Vidarbha Economic Development Council (VED) facilitated a meeting for Sanjay Gupta, an entrepreneur from Chandigarh (Punjab) with Devendra Fadnavis, Chief Minister and Subhash Desai, Minister for Industries recently on the subject, expressing the need for a textile manufacturing hub in Nandgaonpeth MIDC (Amravati) so that cotton is processed and goes out of Vidarbha as fabric, in short, Fibre to Fabric.
For this VED proposes to hold road-shows along with State Government in Punjab, Rajasthan and Tamilnadu to market Nandgaonpeth there as a textile hub.
Rahul Upganlawar, Secretary General, VED, informed that Sandeep Gupta has agreed to extend all possible help to try attracting to Vidarbha all the companies in those States who are on an expansion mode. The Vidarbha Economic Development Council (VED), therefore, invited Gupta to act as an ambassador for Vidarbhaâ€™s textile industry.
Gupta is coming up with a 250 cr. Project, Shyam Indofab Pvt. Ltd., in Nandgaonpeth MIDC, almost at the stage of completion. The company proposes to set up a vertically integrated textile unit with a control from Fiber to Fabric and proposes to set up a state of the art facility with the latest technologies and complete automation. There will be a State-of-the-art Effluent Plant, Reverse Osmosis Plant for recycling of water, a PPP with Government of Maharashtra to turn the ITIâ€™s there into centers of excellence& training and employment of rural women at the plant. It would give direct and indirect employment to a 1000 people. This is the first textile unit of the textile industry in Nandgaonpeth MIDC.
However, certain parameters have to be made conducive for the establishment of a textile industry in Nandgaonpeth like water rates must be made comparable to a competitive State like Madhya Pradesh and the Common Effluent Treatment Plants (CEFT) should be made affordable.
Vidarbha offers a wonderful opportunity and the Government is also very committed to development here, so it is expected, procedures would be facilitated. A nodal officer should be appointed who would coordinate with all the Govt. departments for early execution of the cotton industry.
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