June 17, 2024
Textile Park

Burhanpur Textile Park Witnesses Waiting List For Plots

The proposed textile park in Sukhpuri, Burhanpur district, has reported a substantial waitlist of industries seeking to establish operations within the forthcoming industrial park.

The Special Purpose Vehicle (SPV) established to oversee development of the park has obtained partial funding commitments from 250 companies for the cluster’s saleable area of 42 lakh square feet.

“While, 25 companies have registered interest in securing approximately 200,000 square feet of space and are on a waiting list,” Prashant Shroff, Director, Burhanpur Sukhpuri Textile Cluster Association said.

Burhanpur is a well-established hub for powerloom operations, with an estimated 40,000 powerlooms functioning across homes, small-scale industries, and unorganised factories.

“Cumulatively, the 250 participating industries are projected to invest between Rs 350-400 crore in the Sukhpuri cluster project,” ToI reported.

Land levelling activities are currently underway at the site, which comprises an undeveloped 63-hectare parcel identified by the state’s MSME department under the new cluster policy.

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