MP cabinet clears setting up of Textile cluster in Burhanpur-Sukhpuri industrial belt with 400 cr investment

Indore, June 9 (KNN) The state cabinet of Madhya Pradesh has cleared the proposal of Burhanpur Sukhpuri Textile Cluster Association to build a new textile cluster near the Madhya Pradesh industrial belt.

The proposal has received a consent from 250 industries and so far 30 industries have submitted the deposit to the Special Purpose Vehicle (SPV) for 10 lakh sq ft in the cluster.

The textile cluster is expected to be built over 60 hectare. The Burhanpur Sukhpuri Textile Cluster Association has pegged the likely investment in the cluster at Rs 350-400 crore.

Prashant Shroff, 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.

Most of the investment in the cluster has come from local textile industries, according to the SPV.  (KNN Bureau)