Minister for Industries and Commerce, Chander Prakash Ganga has laid foundation stone of a Common Facility Centre (CFC) at Martand Chain Stitch and Embroidery (CS&E) Cluster at Rainipora on September 12.
MLC Sofi Yousuf and Vice Chairman Jammu and Kashmir, Khadi and Village Industries Board (KVIB) were also present at the event.
The CFC is part of the Martand Chain Stitch and Embroidery Cluster that is being developed at an estimated total project cost of Rs 4.48 crore. It is also the first in the State under the Scheme of Fund for Regeneration of Traditional Industries (SFURTI) programme of Government of India.
According to a source, speaking on the occasion, Chander Prakash Ganga said that the centre will facilitate increased production of local handloom and handicraft products and help in the economic betterment of involved artisans. Ganga also expressed happiness about Shangus being the first to get a CFC under SFURTI.
The development of CFC, at a cost of Rupees 1.25 crore, is part of the Hard Intervention part of the cluster project which also includes a raw material bank and market infrastructure.
The Martand Cluster project is one of the five clusters of Ministry of Micro, Small and Medium Enterprises (MSME) that the Government of India has approved for the State, and is one of 37 clusters projected by KVIB to the MSME.
While responding to VC KVIB’s request, the minister also announced setting up of an industrial estate in the Shangus. He issued on the spot instructions to the concerned district administration to identify land for it in the area.
