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Maharashtra govt gives nod to Raymond Group for setting up textile unit

Related Keywords: at Nandgaon Peth in Amravati district, Chief Minister Devendra Fadnavis, generate employment opportunity, get nod from Maharashtra government, MIDC area, offer letter allocation land, Raymond group, set up state of the art textile unit, share of Raymond jumped up, upcoming textile unit

Maharashtra Chief Minister Devendra Fadnavis on Monday handed over an "offer letter" allocating 500 acres of land in Maharashtra Industries Development Corporation (MIDC) area to Raymond Group for setting up a Rs 1,500-crore state-of-the-art 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.

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