The State Government of Maharashtra (India) has announced to set up nine textile parks in the northern part of the state.
The announcement was made by Subhash Rajaram Desai, Industries Minister Maharashtra at the Progressive Maharashtra Summit. The Summit was organised by industry body Federation of Indian Chambers of Commerce and Industry (FICCI).
The northern region produces the maximum of cotton in the state but without any value addition. The initiation of adding the ‘value’ at every stage from ‘produce’ to ‘fibre’ to ‘fabric’ to ‘fashion’ will bring a good price of cotton to the farmers.
At the Summit, the Industries Minister also highlighted the benefits of Amravati Textile Park that features 30 operational units and stressed on replicating the same at the upcoming nine parks.
Desai said, “The textile parks provides a platform to many small and medium industries to flourish their businesses. However, in such way, we can support farming and industry.”
The idea is to enhance the farmers’ income through ‘value-added’ products. Furthermore, it will also help the Government and the farmers in proper utilisation of the cotton produced in the northern part of the state.
Over the years, the Maharashtra Government has taken several initiatives that benefited the farmers.
The loan worth Rs. 34,000 crores given to the farmers had also been waived off.
