Rajasthan garment units propose to invest in state

Indore: The regional office of Madhya Pradesh Industrial Development Corporation (MPIDC) at Indore, has received more than Rs 200 crore investment proposal for textile and garment industries at Jhanjharwada in Neemuch of which more than 20 per cent are from industries of Rajasthan. The overwhelming response has prompted industry department to plan expansion of industrial belts located near border areas. Eyeing investments from neighbouring states, MPIDC has proposed expanding industrial areas at Mandsaur, Neemuch, Burhanpur, and Agar-Malwa. Apart from textile and garment industries of Madhya Pradesh, southern India and Rajasthan, Jhanjharwada industrial belt has also attracted investments from engineering and glass industries in the last one year. MPIDC, Indore executive director Rajesh Rathod said, “Recently we have received encouraging investment proposals from textile and garment units of Rajasthan. Many of them have expressed desire to either shift units or plan an expansion in MP. We have seen a rise in demand for land from industries in areas closer to borders. Considering this, we are building up land banks and expanding industrial areas.”MPIDC is planning to develop phase 2 of Jaggakhedi industrial area in Mandsaur, Jhanjharwada and new ones in Agar-Malwa, Ratlam and Burhanpur. The department is also planning an extension in Jetapur in Dhar district and Maksi phase 2. In Madhya Pradesh, 28 new industrial areas were sanctioned by the state government covering the entire sector gambit across the state in the span of last 4 years which includes developed and developing industrial areas. Major chunk of investment in the state in the last a few years came from chemical, mining & minerals, energy, textile, and iron & steel industries. Pharma, food processing, plastic, paper & packaging and engineering industries also put in facilities in the state.