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Revival of National Heavy Engineering Cooperative to generate jobs, boost industrial growth: Murlidhar Mohol

Pune, Nov 15 (UNI) union Minister of State for Cooperation and Civil Aviation Murlidhar Mohol today said the revival of the National Heavy Engineering Cooperative Limited (NHECL) would provide a significant boost to Maharashtra's cooperative industrial sector while creating fresh employment opportunities in Pune district.
Speaking ahead of the foundation stone-laying ceremony of the NHECL Multi-State Cooperative Society project at Talegaon Dabhade, he described the initiative as an important step towards restoring a major cooperative engineering institution that had remained closed for several years.
He said NHECL, established in 1974, had played an important role in manufacturing machinery for the sugar industry and had also catered to international markets. However, financial difficulties had affected its operations, eventually leading to the closure of its industrial unit.
Mohol further said the revival initiative had been taken forward under the leadership of union Home and Cooperation Minister Amit Shah, with support from the central government and major cooperative institutions.
He expressed confidence that restarting the institution would help restore its industrial capabilities and create new opportunities for the cooperative sector.
The revived facility is expected to manufacture machinery and equipment for sugar factories and the dairy sector. The project is also expected to benefit industries in Maval and other parts of Pune district by generating employment and encouraging ancillary industrial activities.
Mohol also indicated that issues relating to outstanding bank loans and workers would need to be addressed as part of the revival process.
The foundation stone-laying ceremony was held in the presence of Minister Shah and Maharashtra Deputy Chief Ministers Sunetra Ajit Pawar and Eknath Shinde.
Apart from the NHECL project, Shah also inaugurated the Western Regional Office of the Central Registrar of Cooperative Societies virtually and launched Bharat Taxi services in Pune.
UNI SP SS
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