The textile cluster project work in the Malegaon co-operative industrial estate under a scheme of the Union ministry of micro, small and medium enterprises is in its final stages and is expected to complete by the end of May. The project is worth Rs.15.84 crore

Malegaon which has around 2 lakh traditional powerloom units without any adequate facilities for pre-weaving and post-weaving treatment, the cluster project having a common facility centre, will provide advanced technology required for powerloom units.

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

In the Malegaon textile cluster project, 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.