The newly developed textile cluster at Nimbola village in Burhanpur has received over 120 buyers for plots while a third of the industries are slated to be operational by the end of the year.
The Nimbola cluster is expected to be the first of four such clusters proposed in Burhanpur. These clusters are for local powerlooms and textile units.
An investment of over Rs. 200 crore is expected for the Nimbola cluster, according to the industries involved in the development of the cluster. The cluster is also expected to provide employment to over 5000 people.
Pradeep Kedia, President of the Fair Deal Exporters Cooperative Society Ltd., which is the special purpose vehicle developing the cluster, said “Plots have been allotted to 127 industries in the textile cluster. The cluster will have textile units, dye chemical units, powerlooms and various other textile-related units. The aim is to use advanced machinery and develop quality products that can be exported from here.”
Developed in four phases, the cluster will be subsidised by the State Government, which will provide either 10 per cent of the total infrastructure spending or Rs. 10 crore, whichever is lower, while the remaining expenses will be the responsibility of the industries.
For the first phase, the industries has collected an amount of Rs. 2.5 crore, of which Rs. 1 crore has already been spent on developing infrastructure.
Burhanpur DIC General Manager Abhilash Meravi said, “The development work at the textile cluster is under process. Road and drainage networks are being laid off. The textile cluster will give a boost to the local SME industries that use common facilities and advanced technology for production.”
