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Monday, 13 June 2022

Madhya Pradesh’s Sukhpuri cluster gets approval, can have around 250 factories

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Sukhpuri in Burhanpur (Madhya Pradesh) can have around 250 factories in coming months as it has given consent to invest in the newly proposed textile cluster.

The Special Purpose Vehicle (SPV) Burhanpur Sukhpuri Textile Cluster Association has pegged the likely investment in the cluster at Rs. 350-400 crore.

A dedicated textile cluster, spread over 60 hectares, has been approved by the State cabinet.

The saleable land to industries in the cluster will be around 40 lakh sq.ft. Until now, 30 industries have submitted the deposit to the SPV for 10 lakh sq. ft in the cluster.

The MSME department has identified around 63 hectare undeveloped land parcel in Sukhpuri village in Burhanpur for developing a textile cluster under the State Government’s new cluster policy described in the MSME Rule 2021.

Nearly 40,000 power looms operate out of homes, small rooms and unorganised workshops in Burhanpur.

Prashant Shroff, Director, Burhanpur Sukhpuri Textile Cluster Association, said the association has received written consents from 250 firms for the textile cluster. He believes that this cluster will help micro and small industries set its footprint and enhance production by cutting down on losses.

A 12-member SVP has been incorporated for the cluster and the number of members will gradually increase with more industries putting in the amount for purchasing land parcels in the cluster.

Source : https://in.apparelresources.com/