The Maharashtra Government has signed an MoU with OFAB Tech to set up a state-of-the-art textile facility in Wardha, Maharashtra. 

To be set up with an investment of Rs 750 crore, the facility will help boost the textile sector in Vidharbha besides catalysing rapid industrial development in Wardha, says Devendra Fadnavis, Deputy Chief Minister. 

Focusing on empowering local communities, the project will be executed on a hub-and-spoke model, extending its benefits to the rural areas surrounding Wardha. It will provide employment opportunities to both skilled and semi-skilled workers, ensuring the benefits of industrialisation reach a wide range of the local population. 

By selecting Wardha for the establishment of this facility, the government aims to ensure a balanced regional development across the state, opine local industrialists. The city’s strategic position and untapped potential make it ideal location for the establishment of a new textile hub in the state.