Vidarbha has expressed the need for a textile manufacturing hub in Nandgaonpeth, Amravati, so that cotton is processed and goes out of Vidarbha as fabric, in short, fiber to fabric.
Road shows will be held in Punjab, Rajasthan and Tamil Nadu to market Nandgaonpeth as a textile hub.
However, certain parameters have to be made conducive for the establishment of a textile industry in Nandgaonpeth. Water rates have to be made competitive and common effluent treatment plants should be made affordable.
Textile centers are being planned for Vidarbha. At least three textile parks have been planned to facilitate cotton cultivators to sell their cash crop within the region and reap the benefits.
The region has received proposals for 14 spinning mills with a likely investment of Rs 666 crores and three composite spinning and weaving units which could pump in investment of Rs 700 crores. Together these units could offer over 7,000 new jobs. Investors are scouting for land and other infrastructure.
A 10 per cent subsidy is being offered to units coming up in Vidarbha, Marathwada and Khandesh areas. Another major reform on the agenda is addressing the power crisis which has been dissuading industries in the cotton growing belt of Vidarbha.