– The industry making clothes, tables, chairs and furniture from waste will invest Rs 1000 crore.

Shakti Circulation Industry is going to invest one thousand crore rupees in Bhopal Smart Industrial Township Pithampur Seven. This industry will make clothes, tables, chairs, furniture from waste material and will provide employment to hundreds of people. The development work in Pithampur Seven, a smart industrial township being built on government land and about 12 villages around Indore-Betma, is still incomplete, but there is a queue of people setting up industries. Till now, about 20 renowned industries from India and abroad have applied to acquire more than 5000 acres of land. These include renowned companies like JSW Asian Paints Pinnacle Industries, Shakti Pump, Mother Sun, TVS. Recently, Shakti Circulation Industry has sought 40 acres of land from Madhya Pradesh Industrial Development Corporation (MPIDC), Indore. This company will invest Rs 1050 crore and provide employment to 800 people. MPIDC officials say that so far about 20 big industrial units have applied to set up industries in Pithampur Seven. The industry which is depositing 25 percent of the total cost of the land is being allotted land immediately.