Home / Knowledge / News / Textiles / BoA de-notifies Yavatmal textile SEZ
BoA de-notifies Yavatmal textile SEZ
Jun '11
The Maharashtra Industries Development Corporation (MIDC), which does not find special economic zones (SEZ) to be luring propositions anymore, has obtained permission to de-notify the textile SEZ proposed to be set up at Yavatmal.

The MIDC's proposal to cancel the SEZ status granted to the Yavatmal region has now been approved by the Union Commerce Ministry's Board of Approvals (BoA).

It was hoped that the textile SEZ would benefit the region's crisis hit cotton cultivators. It was claimed that the farmers would have gained better bargaining capacity due to the presence of textile units in the cotton cultivation area itself. However, MIDC's decision has now greatly distressed these farmers.

The de-notification proposal would get a final sanction only after the Development Commissioner certifies that MIDC has refunded all the benefits that it had obtained under the SEZ Act.

As the MIDC had proposed to jointly develop the concerned SEZ in association with a private partner, it had acquired 208 hectares of land for the purpose and had even invited offers from private firms for partnering the project.

Maharashtra Chief Minister Prithviraj Chavan had earlier assured that a cotton-textile processing zone would be developed at Yavatmal to intensify cotton sowing in the region.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th Apr 2017

Kering's consolidated revenue growth rises 31.2% in Q1

The consolidated revenue growth for luxury group Kering for the first ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Wendell Rodricks
Wendell Rodricks

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

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


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


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