Related Keywords: coming up in Vidarbha at Hinganghat, First ever integrated textile park project, generate thousands of jobs, lead promoter, Mohotas into textile business, Prashant Kumar Mohota, provide fillip to cotton economy, SITP attracts forty percent funds by Centre, state government chipping nine percent, under SITP scheme, Wardha district
The first-ever Rs108 crore integrated textile park project with Prashantkumar Mohota as lead promoter will be coming up in Vidarbha at Hinganghat in Wardha district under the Central government scheme (SITP) which is expected to generate at least 1000 jobs and provide much needed fillip to the cotton economy of the region.
Although the main cash crop, cotton of Vidarbha has been in news more for driving farmers to suicide. But the reasons for cotton belt's growing distress is uncertainty over prices and inability to process raw cotton up to textile and garment stages to spur demand.
