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

UK GDP growth to stay steady but subdued: CBI

Textiles | On 8th Dec 2017

UK GDP growth to stay steady but subdued: CBI

The gross domestic product (GDP) in the United Kingdom (UK) will grow ...

Amazon launches operations in Australia

Apparel/Garments | On 8th Dec 2017

Amazon launches operations in Australia

US online retail giant Amazon recently unveiled its business in...

Courtesy: G-III Apparel

Apparel/Garments | On 8th Dec 2017

Q3 FY18 G-III Apparel sales up 16% to $1.02 billion

For the third quarter of fiscal 2018, net sales of G-III Apparel...

Interviews View All

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.2%
No
12.1%
Skip
18.7%

Total Votes: 91

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.5%
No
30.8%
Skip
7.7%

Total Votes: 91

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.8%
No
9.9%
Skip
3.3%

Total Votes: 91

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.3%
No
8.8%
Skip
9.9%

Total Votes: 91


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search