2014-03-11

Textile cluster project at Malegaon may open in May

The work on the textile cluster project at Malegaon is in its final stages and is expected to be finished by the end of May.

Textile cluster project at Malegaon may open in May

The work on the textile cluster project at Malegaon is in its final stages and is expected to be finished by the end of May.

 

The Rs 15.84-crore project is coming up in the Malegaon co-operative industrial estate, under a scheme of the Union ministry of micro, small and medium enterprises. The central government is contributing 80% of the project cost, while the state is providing 10% and the rest is funded by other stake-holders.

 

“I am happy to know that the Malegaon industrial co-operative estate is setting up a common facility centre under the aegis of Ministry of MSME. The centre will facilitate development of textile industry in the area which benefit primarily backward and minority people of the region,” said Sharadraoji Pawar, Minister of Agriculture and Food Processing Industries.

 

Malegaon has around 2 lakh traditional power-loom units, but they do not have adequate facilities for pre-weaving and post-weaving treatment. The cluster project includes a common facility centre, which will have advanced technology needed for power-loom units.

 

The cluster will have a common processing house, common auto warping, common testing labs and common treatment plants. PB Daberao, joint director (industries), Nashik division said, "The building of the cluster project is almost ready and the tender process for buying machinery has also been completed. The project will start by May end."

Related opportunities
  • ESSBEE is Premium Multibrand One Stop Store in SIS Format..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2023
    Investment size Rs. 50lakh - 1 Cr.
    Space required 5000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Amravati Maharashtra
  • Quick Service Restaurants
    Our Brand "BHAJIYAWALA & CO." is rapidly growing and is..
    Locations looking for expansion Maharashtra
    Establishment year 2019
    Franchising Launch Date 2023
    Investment size Rs. 10lakh - 20lakh
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Borivali west Maharashtra
  • The most trusted luxury day Spa chain. Expertise in Modern Spa Therapies, Ancien..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2023
    Investment size Rs. 20lakh - 30lakh
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Nagpur Maharashtra
  • Our aim is to become most reliable and sustainable business..
    Locations looking for expansion Delhi
    Establishment year 2023
    Franchising Launch Date 2023
    Investment size Rs. 5lakh - 10lakh
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads