INDORE: As many as 250 industries have given consent to invest in the newly proposed textile cluster to come up at Sukhpuri in Burhanpur. The Special Purpose Vehicle (SPV) Burhanpur Sukhpuri Textile Cluster Association has pegged the likely investment in the cluster at Rs 350-400 crore.
A dedicated textile cluster has been approved by the cabinet in Sukhpuri at Burhanpur that is expected to come up on over 60 hectare. The saleable land to industries in the cluster will be around 40 lakh sq Ft.
So far 30 industries have submitted the deposit to the SPV for 10 lakh sq ft in the cluster.
Prashant Shorff, director, Burhanpur Sukhpuri Textile Cluster Association said, “The association has received written consents from 250 industries for the textile cluster. This region is a hub for textile industries and the approval for cluster has come as a boon for the sector. This cluster will help micro and small industries set its footprint and enhance production by cutting down on losses’‘
A 12 member SVP has been incorporated for the cluster and the number of members will gradually increase with more industries putting in the amount for purchasing land parcels in the cluster.
The Micro, Small and Medium Enterprises (MSME) department has identified around 63 hectare undeveloped land parcel in Sukhpuri village in Burhanpur for developing a textile cluster under the state government’s new cluster policy described in the MSME Rule 2021.
Near about 40,000 power looms operate out of homes, small rooms and unorganised workshops in Burhanpur.
According to the District Industries and Trade Center, the proposed textile cluster is coming close to the industrial belt developed by the Madhya Pradesh Industrial Development Corporation (MPIDC) and this has attracted many industries for putting in investt in the cluster.
Most of the investment in the cluster has come from local textile industries, according to the SPV.