M/s Avgol India to set up non-woven fabric unit in Mandideep

A non-woven fabric unit will be set up in industrial area in neighbouring Mandideep with capital investment of Rs 223 crore by M/s Avgol India.
This was informed in a Cabinet committee meeting chaired by Chief Minister Shivraj Singh Chouhan yesterday, on investment promotion, an official of the Public Relation Department said today.
"It was decided in the meeting that rebate will be provided to M/s Avgol India on project proposal as per the Industrial Policy for setting up non-woven fabric unit with a capital investment of Rs 223 crore," the official said.
Facilities will also be provided to M/S Amba Shakti industry, being set up in industrial area Bamor, with capital investment of Rs 113.43 crore, as per 2010 Industrial Policy.

Besides, the committee also decided to go for open auction for 1.86 hectares land notified in Crystal IT SEZ in Indore after fixation of base value.
It also decided that a total of 22.778 hectare land will be given to M/S Trident Ltd in Budhni in Sehore district at 25 per cent rate for composite textile project for basic and social infrastructure, he said.
Minister for Finance Jayant Mallaiya, Minister for Industries and Commerce Rajendra Shukla, Minister for Water Resources and Public Relations Dr Narottam Mishra, Minister for Revenue Umashankar Gupta, Minister for Energy Paras Jain and Chief Secretary Anthony DeSa among others were present in the meeting.