: Land encroachment delays textile cluster in Burhanpur #FinanceIndia #StockMarketNEWS Land encroachment delays textile cluster in Burhanpur Indore, Feb 6 (KNN) Textile industrialists have reached out

@StockMarketNEWS Wed 08 Feb, 2023

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Land encroachment delays textile cluster in Burhanpur #FinanceIndia #StockMarketNEWS
Land encroachment delays textile cluster in Burhanpur Indore, Feb 6 (KNN) Textile industrialists have reached out to the local administration and MSME department in Burhanpur, Madhya Pradesh to solve the land encroachment problem interrupting development of the proposed textile cluster at Sukhpuri.

The MSME department has proposed to develop a textile cluster at an estimated cost of Rs 56 crore on 63 hectare at Sukhpuri village in Burhanpur, reported TOI.

It will be set up under MP government’s new policy described under MSME Rule 2021.

“Development work at proposed textile cluster can start once issues are addressed. We have raised concern regarding encroachment on proposed land to the local administration and MSME department,” said Burhanpur Sukhpuri Textile Cluster Association director Prashant Shorff.

Shorff informed that a positive response has been delivered from the district collector and has assured full cooperation to clear the encroachment from the proposed site.

“The land also has very deep pits that needs to be levelled,” he said.

The cluster is expected to attract an investment of over Rs 800 crore and generate employment for more than 7000 people.

About 225 textile and related industries are expected to come up in the cluster, as per District Trade and Industries Centre. (KNN Bureau)