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Related Keywords: Bhadrak textile park, investment proposal, Materials Chemicals Performance Intermediaries, polyester, polymerization, Textile Park, transforming the region into a textile hub, yarn project

The Materials Chemicals Performance Intermediaries (MCPI) Private Limited has evinced interest in setting up a polyester continuous polymerisation and allied yarn project at the textile park in Bhadrak district. The company has submitted an investment proposal of `1,000 crore to the State Government through the online portal Government of Odisha Single Window for Investor Facilitation and Tracking (GO-SWIFT) seeking an early approval of the project.

Related Keywords: clears, create employment, investment proposal, Karnataka state High level clearance committee, set up textile and spinning machinery manufacturing unit, Toyota Industries India Pvt Ltd, Tumakuru district, Vasanthanarasapura Industrial Area

The proposal of Toyota Industries India Private Limited to set up a textile and spinning machinery manufacturing unit with an investment of Rs 410 crore at Vasanthanarasapura Industrial Area in Tumakuru district was cleared by the Karnataka State High-Level Clearance Committee on Monday.

The proposed unit, which was cleared by the SHLCC chaired by Chief Minister Siddaramaiah, will provide employment to 800 people.