Latest news with #HimanshuPrajapati
Time of India
14-06-2025
- Business
- Time of India
Indore: 2 textile cos acquire land in the region
In a significant boost to the textile industry, Arvind Ltd acquired land in Budhi Barlai village in Indore district, with plans to produce 60 lakh garments annually in the first phase of its operation. The Madhya Pradesh Industrial Development Corporation (MPIDC) allocated 12 hectare land to the Arvind Group, with letters of intent already issued. In a parallel development, another prominent garment manufacturer, Noize Jeans Ltd , also secured 12.5 hectares in Budhi Barlai for its own textile and apparel manufacturing unit. Together, these two companies are set to invest a staggering Rs 584 crore, creating approximately 12,000 new jobs in the region. The Arvind Group plans to establish a garment park in the region, while Noize Jeans Ltd will focus on nine different manufacturing activities, including the production of sweaters, denim, and footwear. Himanshu Prajapati, Executive Director of MPIDC for the Indore region, said, "The development will extend beyond mere production facilities. Plans include the creation of essential infrastructure such as plug-and-play units for auxiliary businesses, residential areas for employees, medical facilities, a police station, a fire station, and a commercial complex, all designed to support the burgeoning workforce." Additionally, the closed Barlai sugar mill, located about 25 kilometres from Indore, along with surrounding vacant land totalling around 33 hectares, has been converted into an industrial area dedicated to the textile sector.
Time of India
13-06-2025
- Business
- Time of India
2 textile cos acquire land in the region
Indore: In a significant boost to the textile industry, Arvind Ltd acquired land in Budhi Barlai village in Indore district, with plans to produce 60 lakh garments annually in the first phase of its operation. The Madhya Pradesh Industrial Development Corporation (MPIDC) allocated 12 hectare land to the Arvind Group, with letters of intent already issued. In a parallel development, another prominent garment manufacturer, Noize Jeans Ltd , also secured 12.5 hectares in Budhi Barlai for its own textile and apparel manufacturing unit. Together, these two companies are set to invest a staggering Rs 584 crore, creating approximately 12,000 new jobs in the region. The Arvind Group plans to establish a garment park in the region, while Noize Jeans Ltd will focus on nine different manufacturing activities, including the production of sweaters, denim, and footwear. Himanshu Prajapati, Executive Director of MPIDC for the Indore region, said, "The development will extend beyond mere production facilities. Plans include the creation of essential infrastructure such as plug-and-play units for auxiliary businesses, residential areas for employees, medical facilities, a police station, a fire station, and a commercial complex, all designed to support the burgeoning workforce. " Additionally, the closed Barlai sugar mill, located about 25 kilometres from Indore, along with surrounding vacant land totalling around 33 hectares, has been converted into an industrial area dedicated to the textile sector. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
Time of India
11-06-2025
- Business
- Time of India
Ahead of the monsoon, MPIDC takes up infra development, drainage cleaning tasks in industrial areas
Indore: Madhya Pradesh Industrial Development Corporation (MPIDC) has commenced infrastructure development and cleaning initiatives in Pithampur to address waterlogging issues during the rainy season. This move is seen as ensuring smooth transportation and commute for employees in one of the state's largest industrial belts. As part of the monsoon plans, MPIDC has initiated construction of 70 kilometres of RCC drains and cross-drainage systems in Sector 3, with approximately 39 kilometres already completed at an investment of around Rs 40 crore. This extensive drainage system aims to channel excess rainwater effectively, reducing the risk of flooding. MPIDC Indore region executive director Himanshu Prajapati said, "We are committed to improving infrastructure of industrial areas to ensure uninterrupted operations during the monsoon. In Sector 3, we are constructing 70 kilometres of new RCC drains and cross-drainage systems, with about 39 kilometres already completed. Additionally, we are currently cleaning existing drains, and similar cleaning works are ongoing in other industrial areas also. " In addition, the MPIDC has allotted work for the cleaning of existing drains in Sectors 1 through 5, including the Special Economic Zone (SEZ). This drain cleaning initiative is underway at a total cost of Rs 95.92 lakh, with work progressing steadily. To further combat waterlogging in Sectors 1 and 2, the construction of 20.3 kilometres of new RCC drains and culverts has been initiated, amounting to an investment of Rs 12.75 crore. Local industrialists and associations said every year they face rain-related disruptions and infrastructure work may ease their problems. Rajesh Sharma, a factory owner in Pithampur said, "Timely intervention by MPIDC is crucial for us. These efforts can significantly improve our productivity and reduce the challenges we face during the rainy season."
Time of India
01-06-2025
- Business
- Time of India
Adhesive, apparel makers submit investment intentions in Jetapur industrial area
Indore: An adhesive manufacturer and apparel makers submitted intentions to invest in Jetapur industrial area, according to Madhya Pradesh Industrial Development Corporation (MPIDC). The industrial zone spans over 200 hectare, with the industry department allotting land to approximately 25 companies. Currently, four industries are operational, while 15 others are in various stages of construction. These investments include a commitment of Rs 31 crore from the adhesives and construction solutions manufacturers and Rs 70 crore from the apparel makers for their operations in Jetapur. MPIDC executive director Himanshu Prajapati said, "The investments in Jetapur reflect our commitment to fostering industrial growth and creating job opportunities. With significant contributions from companies like Kashida and Sead Apparels, we are not only enhancing the industrial landscape but also empowering local communities, especially women, through employment." According to MPIDC, key players in the region are Kashida Apparels Private Limited, which currently employs over 800 women from 14 villages, with plans to expand that number to 1500 by next year. The company already invested Rs 108 crore into its operations. Another significant contributor, Sead Apparels Private Limited, part of the Pearl Global Group, is set to establish its unit in Jetapur, creating around 4000 jobs, 90 percent of which are expected to go to women. Additionally, SRF Altech Ltd also secured land in the area, committing to an investment of approximately Rs 600 crore. Prajapati recently reviewed the ongoing development initiatives at Jetapur, Nimrani, and surrounding areas. As construction progresses, MPIDC is also prioritising the initiation of drainage and other infrastructure improvements to prepare for the upcoming monsoon season, ensuring the industrial belt remains conducive for business operations.
Time of India
01-06-2025
- Business
- Time of India
216 hectare industrial area to be developed in Dhar
Indore: The Madhya Pradesh Industrial Development Corporation (MPIDC) has announced plans to create a new industrial area at Lalbaug Basvi in Dhar district, aiming to attract investment from multiproduct industries. The tender process for this significant project was completed, and development will commence on a sprawling 216 hectare, with an estimated investment of Rs 200 crore. Two major tyre companies have already expressed interest in establishing manufacturing units within this upcoming industrial zone, each requesting 200 acre of land to facilitate their operations. MPIDC executive director Himanshu Prajapati said, "Our goal is to create a modern industrial ecosystem in Lalbaug Basvi that not only brings in investment but also generates significant employment opportunities for the local population. We are committed to completing the development within this financial year." This new industrial zone is part of MPIDC's broader strategy to bolster industrial development not just in Lalbaug Basvi but also in other areas such as Tarapur and Maharaj Khedi in Khargone district. Prajapati said, "We are adding to the land bank and identifying areas with the govt's vision of promoting entrepreneurship and job creation in Madhya Pradesh." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending local enterprise accounting software [Click Here] Esseps Learn More Undo "The establishment of this new industrial area is expected to create numerous job opportunities and position Indore as a key player in the state's economic development," said Prajapati. The corporation is also planning to start bookings and site visits for the under-construction IT Park-4 in Pardeshipura soon. MPIDC initiated talks with local stakeholders, investors, and industries to engage with MPIDC as the corporation seeks to add new belts for diverse industrial activities, thereby fostering a sustainable economic environment.
