Home / Knowledge / News / Textiles / New incentives to boost Madhya Pradesh textile industry
New incentives to boost Madhya Pradesh textile industry
01
Nov '12
A plethora of new incentives will be doled out by the Government of Madhya Pradesh to boost the textile industry in the central Indian state.
 
Speaking on the sidelines of the Global Investors Summit-2012, state Industries Commissioner RK Chaturvedi said Madhya Pradesh has all the necessary requirements for growth of its textile industry.
 
He said the state is currently the fourth largest in India in terms of cotton production. Moreover, Ujjain and Burhanpur are together home to 47,000 handlooms and 43,290 powerlooms.
 
The Industries Commissioner said 50 percent of total suiting production is carried out by Raymonds at its Chhindwara unit. He added that Maheshwari and Chanderi sarees from the state are popular across the country.
 
He assured the investors that the state government would extend all possible support for modernization of the textile industry in the state.
 
Mr. Chaturvedi said the state government is currently offering a number of incentives for setting up of small and medium textile units, including a 75 percent subsidy on total premium of land.
 
He said an apparel complex has started functioning at Pardeshipura in Indore, and the government is now upgrading the existing apparel clusters at Jabalpur and Indore.
 
He informed that a textile park would soon come up at Chhindwara, and the government is considering setting up of new apparel parks at Jabalpur and Indore.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Information Technology | On 21st Feb 2017

ThreadSol launches IntelloBuy & IntelloCut in Vietnam

ThreadSol, the pioneer of enterprise material management for sewn...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eamonn Tighe
Nature Works LLC

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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