Home / Knowledge / News / Textiles / State govt to consider setting up 20 SME clusters across MP
State govt to consider setting up 20 SME clusters across MP
24
Aug '11
The Madhya Pradesh government has assured consideration of apex industry body ASSOCHAM's proposal to set up 20 SME clusters on public private partnership (PPP) model to boost industrial activites in the state.

“The state government approves of the e-clusters concept proposed by ASSOCHAM that will promote small and medium enterprises (SMEs) and will generate mass employment for inclusive growth,” said Mr Kailash Joshi, Member of Parliament from Madhya Pradesh at an interactive session with Parliamentarians organised by The Associated Chambers of Commerce and Industry of India (ASSOCHAM) at New Delhi.

“We will soon facilitate a meeting between the state industry minister and the corporates interested in setting up cluster industries and will also lend our support in getting loans and advances from the banking and financial sector,” said Mr Joshi. In its study on Cluster Development for Inclusive Growth in Madhya Pradesh ASSOCHAM had earlier proposed setting up 20 SME clusters each accommodating about 1,200 units with a potential to create over five lakh direct and indirect jobs.

Total funds required to provide basic and essential infrastructure to these clusters is estimated around Rs 650 crore. Once functional, it will contribute additional ten per cent revenues per annum to the exchequer, help in inclusive growth and simultaneously lead to upgradation of existing clusters, according to the study.

“The chief minister has also taken certain initiatives towards setting up a cluster development authority for optimum utilization of funds and to assist them in gearing up for further growth,” said said Ms Sumitra Mahajan, Member of Parliament from Indore, Madhya Pradesh.

“The state is blessed with abundant raw material, skilled work force and holds tremendous potential for cluster development to regain investment in varied SME segements,” said Ms Mahajan. “But the state has been grappling with lack of basic infrastructure especially transportation facilities and thus, there is an urgent need to develop an export hub on the Indore-Ratlam-Bhopal route and enhance the connectivity.”

According to the ASSOCHAM study, more than 6,500 clusters are currently operating pan India but only 450 are recognised by the government. Of these, only seven clusters currently operate in the state.

Existing clusters are not able to sustain growth & development process due to use of obsolete technology, plant and machinery, thus, there is a need to interconnect all clusters among themselves by adopting e-Cluster Model to provide them with a level playing field and make it globally competitive. Recognition of more clusters by the government will bring inclusive and balanced growth and promote unique Cluster Branding of Madhya Pradesh, said the study.

The 20 additional clusters recommended by ASSOCHAM are: Bhopal (engineering equipment), Dewas (electronic goods), East Nimar (powerloom), Indore (food processing), Indore (auto components), Jabalpur (readymade garments), Jabalpur (powerloom), Ujjain (powerloom), Bhopal (handloom, powerloom), Sehore (block and screen printing, zari, zardozi, food processing), Ashok Nagar (crafting & embroidery), Vidisha (carpet cane, zari, zardozi, powerloom), Chindwara (handloom, auto component), Shivpuri (embroidery, food processing), Bherugarh (crafting & embroidery, textile hand printed, auto component), Jhabua (cane and bamboo, crafting & embroidery, jewellery), Guna (handloom, food processing), Tikamgarh (crafting & embroidery, handloom, powerloom), Katni (handloom, powerloom) and Datia (cane and bamboo, crafting & embroidery).

Must ReadView All

Textiles | On 28th Feb 2017

China's textile & apparel exports up 10.2% in Jan 2017

Exports of textiles and garments from China resumed growth in the...

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

View of YiwuTex 2016; Courtesy: YiwuTex

Textiles | On 28th Feb 2017

Smart knitting system to grace 18th YiwuTex 2017

The thematic functional knitting machinery zone at the 18th YiwuTex...

Interviews View All

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search