MSME dept sees 190cr investment in proposed power loom cluster

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Micro, Small & Medium Enterprises (MSME) department is anticipating an of close to Rs 190 crore from investors in the proposed power loom cluster at Mohammadpura in Burhanpur district in Madhya Pradesh. A cluster for power loom Join Our Telegram Channel

href="https://exam.pscnotes.com/industry">Industry is proposed at Mohammadpura on 7.6 hectare under the Micro & Small Enterprises – Cluster Development Programme (MSE-CDP). The estimated cost of development of the proposed cluster is Rs 12.9 crore, according to the MSME department.
Burhanpur is a hub
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for looms with nearly 40,000 power loom units operating from homes, small rooms and in unorganised workshops in the city.

According to the MSME, the cluster is expected to generate EMPLOYMENT for close to 4,000 people.

Three textile clusters are proposed for Burhanpur of which other two are coming at Nimbola and Sukhpuri. The Micro, Small and Medium enterprises (MSME) department has identified 23 hectare and 63 hectare land for developing clusters at Nimbola and Sukhpuri respectively in Burhanpur