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MIDC to establish recycling plastic park in Nashik

Thursday, 12 Dec 2019

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The Maharashtra Industrial Development Corporation (MIDC) is planning to set up plastic recycling park at Malegaon in Nashik district of Maharashtra.

The Malegaon Manufacturers Association has sought over 200 acre land near Malegaon tehsil town to set up the plastic park. It will also house plastic recycling units. The project will provide all facilities required for the plastic recycling units. It will also attract new investment by plastic manufacturing units.

MIDC is in the process of setting up a new industrial estate at Ajnag near Malegaon town. MIDC has received 345 ha from the Maharashtra State Agricultural Development Corporation (MSADC) for the same.

MIDC has also made a payment of Rs 35 crore to MSADC. MIDC is currently in the process of developing infrastructure at the new industrial estate at Ajang.