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State govt set up six member committee to easy shifting of textile mills

Related Keywords: Amravati, capital subsidy, cotton growing area, develop land, Devendra Fadnavis, easy shifting of textile mills, help NTC shut mills, land in Mumbai, Maharashtra Chief Minister, National Textile Corporation, set up textile units, textile policy

Maharashtra chief minister Devendra Fadnavis in a meeting with National Textile Corporation (NTC) official a fortnight ago made it clear that the government would help NTC shut its mills in Mumbai and develop the land, provided it set up textile units in Amravati. The condition is to set up the mills there, operationalize them and only then would the government allow NTC to commercially exploit its land in Mumbai.

The decision likely to be opposed by political satraps in Satara, Sangli, Solapur and Ichalkaranji who have interests in the textile industry in these regions.

Sick textile mills relocation to Amravati likely to push Vidarbha’s cotton economy

Related Keywords: Amravati, Barshi Textile Mills, Devendra Fadnavis, Indu Mill, Make in Vidarbha, missing link in cotton chain, Nandgaonpeth textile zone, National Textile Corporation, Nitin Gadkari, Poddar Mill, push Vidarbha cotton economy, Sick textile units, Tata Textiles, Union textile minister Santosh Gangwar

The four sick textile units - three from Mumbai and one from Solapur are to be relocated to Nandgaonpeth textile zone in Amravati. The Nandgaonpeth textile zone has been allocated 40 hectares land and is located 17km from Amravati on National Highway 6. This move is likely to give the much-needed push to Vidarbha's cotton economy.

The four units which are to be relocated are Mumbai's Indu Mill, Poddar Mill and Tata Textiles and Barshi Textile Mills of Solapur.

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