State push for integrated textile parks in cotton belt
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After a periodical review of the textile policy of Maharashtra, the state on Friday proposed to introduce new amendments in the policy through which integrated textile parks will be built in the highest cotton producing belts of Maharashtra. State textiles minister Naseem Khan said although Maharashtra is the highest producer of cotton in the country, most of the cotton it grows is not processed within the state.
"To generate employment from the textile industry in Maharashtra, we have decided to set up textile parks or spinning parks wherein all activities will be carried out - right from growing cotton to processing it and then making ready-made garments," said Khan.
Land under MIDC's cotton growing areas will be used for setting up these parks. "The highest cotton producing belts of Jalgaon and Nandurbar in Khandesh and parts of Vidarbha will be given priority for setting up of these parks," said Khan. The government is in the process of appointing two consultants who can chalk out a plan about the details of the proposed amendment. The cost has been limited to Rs 30 crore per project and the state expects to receive investors from within and outside the state. Tax subsidies and concessions will be given while setting up units within these parks to attract investors.
The Maharashtra textile policy finalised last year gives a 10 per cent subsidy to units in cotton belt of Vidharbha, Marathwada and Khandesh. Khan said after the policy was announced, it has attracted investment proposals totalling Rs 10,000 crore so far.