Amravati: Textile giant Raymond has announced its expansion of cotton manufacturing footprint at Textile Park, Additional Industrial Area, Nandgaon Peth in Amravati. The Bhoomi Pujan was performed by Maharashtra CM Devendra Fadnavis and Chairman & Managing Director, Raymond Ltd, Gautam Hari Singhania yesterday.
Speaking on the occasion, CM Fadnavis said that his government is planning to develop Amravati, infamous for farmer suicides, as a textiles city to promote this industry in cotton-growing areas of the Vidarbha region, Chief Minister Devendra Fadnavis said.
"The state government is promoting textile industries in suicide-prone region of Vidarbha to give a value addition and alternate market linkage to the cotton growers of the region, on the lines of sugarcane belt of Western Maharashtra, to prevent farmers' suicide in the cotton-growing region of western part of Vidarbha," he said.
Singhania said that the plant is a part of PM Narendra Modi’s ambitious Make in India campaign and this will help in generating multiple employments in the region.
“Partnering with the government in its Make in India initiative and Maharashtra’s endeavor to develop backward regions like Vidarbha, Raymond signed a MoU in the presence of Prime Minister Narendra Modi in February. Along with generation of multiple employment opportunities it will contribute substantially to the overall development of the region,” he said.
Raymond is one of the largest producers of worsted suiting fabrics, also engaged in manufacturing finest cotton & linen shirting and denim fabrics in the world including hi-fashion garment manufacturing. It owns renowned apparel brands like Park Avenue, Color Plus, Parx, Raymond Premium Apparel and provides world-class ‘Made To Measure’ facilities to the discerning customers backed by a dedicated retail chain of over 1000 stores in India and neighboring countries.
As a part of the diversified group, it also has business interests in men’s accessories, personal grooming & toiletries, prophylactics, energy drinks, files, tools and auto components.
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