Butibori textile park finds no takers

| There is not a single proposal for setting up a unit at the proposed textile park being developed by MIDC in Butibori here, revealed Maharashtra Industries Minister Ashok Chavan while interacting with industrialists here recently. |
| Chavan said that entrepreneurs could avail of benefits under the Central government-sponsored Scheme for Integrated Textile Park (SITP) and lamented that nobody from the backward regions of Vidarbha or Marathwada had shown any interest in the scheme. |
| The Central government has received 26 proposals for availing of benefits under SITP out of which six are from Maharashtra. |
| These six include three from Ichalkaranji and one each from Bhiwandi, Baramati and Tarapore. In Butibori, the textile park has been proposed as part of the Special Economic Zone (SEZ). |
| Chavan also asked the Vidarbha Industries Association (VIA) and Indo Rama Synthetics Limited (IRSL) to take the responsibility of assisting entrepreneurs in forming a special purpose vehicle (SPV) for promoting investment in the textile park. |
| The Centre, under SITP, was offering to support the employment generating textile units up to 40 per cent of total project cost, including investment on building and infrastructure, Chavan disclosed. |
| He said he had spoken to Maharashtra Chief Minister Vilasrao Deshmukh about clearing a proposal of allowing sick textile mills to be operated on a joint venture basis. This would give employment to thousands of people and also help create wealth from dead assets, he added. |
| The minister agreed that labour reforms in the textile sector were a must for facing stiff competition from China and assured industrialists that the state government would be discussing the issue with the Centre. |
| He also approved setting up a residential zone near the MIDC area in Butibori provided some workers' cooperative came forward with such a proposal. |
| Later, talking to newsmen, Chavan said the draft for the new industrial policy for Maharashtra was ready and several fresh initiatives had been planned for generating huge employment in it. |
| Efforts are on to get the draft proposal cleared from various ministries so that the new policy could be introduced soon, he said. |
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First Published: Aug 09 2006 | 12:00 AM IST

