The Maharashtra Textile Department and Industries Department has called for investment in its recently inaugurated mega textile park Nandgaon Peth in Amravati district. As per the state textile policy, the Maharashtra Industrial Development Corporation (MIDC)-initiated project will have benefits of 10 per cent capital subsidy and up to seven per cent subsidy. It has seven stars facilities including a common effluent treatment plant.

Nandgaon Peth is intended to be India’s one-stop textile destination for investors. It also has other benefits like an industrial promotion subsidy and stamp duty and electricity duty exemption incentives by the industries department.

The park, houses A to Z support structure in textile manufacturing. At present 500 hectares land has been acquired and out of that 100 hectares have been allotted. Till date, one project is operational, two are under construction and other projects are in progress.

This Amravati textile park has eight major textile units with an investment of Rs 1,243 crores, giving direct employment to 3700 people. More such parks will be set up in Maharashtra. Some of these will be in Yavatmal, Parbhani, Buldana, Nanded, Beed, Jalana and Aurangabad. Cities are selected on the basis of cotton production in the last five years.