Maharashtra Chief Minister Devendra Fadnavis today handed over an “offer letter” allocating 500 acres of land to Raymond Group for setting up a Rs 1,500-crore textile unit in Vidarbha.
The letter was given to Raymond Group Chairman and Managing Director Gautam Singhania in the CMO in Vidhan Bhawan where the winter session of the state legislature is underway.
The textile unit will come up at Nandgaon Peth in Amravati district on 500 acres (200 hectares), the CM told the House.
Singhania, accompanied by a team of company officials, was present in the Visitor’s Gallery when the CM made the announcement.
When Fadnavis drew attention of House about the head honcho’s presence in the gallery the members greeted him with thumping of desks which Singhania acknowledged with folded hands.
The upcoming unit will generate about 7500 employment opportunities, the CM added.
Similarly, the state government has allocated 102 hectares of land collectively to Shyam Indofab Ltd, VHM Industries, Suryalaxmi Cotton Mills and Siyaram Silk Mill where a total investment to the tune of Rs 1500 crore is expected.
“These units will employ about 5200 people,” Fadnavis said, adding that Shyam Indofab has already started production.
The CM said the government has decided to set up textile parks in the cotton belt of Vidarbha, besides in Marathwada and north Maharashtra through State Industrial Development Corporation (MIDC).
Apart from Nandgaon Peth, the textile parks will come up at Yavatmal, Chikhli (Buldana), Jamner (Jalgaon), Kannad (Aurangabad), Selu (Parbhani), Bhaler (Nandurbar), Malegaon (Nashik) , Krishnur (Nanded) and Majalgaon (Beed).
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