The Maharashtra government is planning to set up a garment park at Solapur with an investment of Rs 300 crore.
The state government plans to utilise the land of Narsing Girji mill to set up the garment park. Work on the project will commence from 26 January, 2017.
The project is expected to generate employment opportunities for over 60,000 bidi workers and other unemployed people in Solapur. The state government will also extend support to attract tourists and investors to the city.
In addition, Bank of Maharashtra will sanction spot loans of upto Rs one crore to encourage the local garments industry during the International Exhibition on Uniforms and Textiles.
The park will be a major textile hub for providing uniforms for the armed forces and police personnel in the nation.