Madhya Pradesh could sign MoU with 15 industries for PM MITRA Park

By

Isabelle Crossley

Published
May 10, 2023

The state of Madhya Pradesh will open a PM Mega Integrated Textile Region and Apparel Park in Bhainsola village in Dhar district. The Madhya Pradesh Industrial Development Corporation is contemplating signing a memorandum of understanding with 15 industries for investment commitments. 

“We are receiving [an] enthusiastic response from industries willing to invest in the PM MITRA Park,” said MPIDC Indore executive director Rohan Saxena, the Economic Times reported. “Many garment and textile units have confirmed their presence and to seal the deal, we are planning to ink MoU with 15 industries on the day the state and the central governments will sign the MoU.” 
 
A MoU between the central and state governments concerning the Madhya Pradesh PM MITRA Park is scheduled to be signed at the end of May. The state government is consulting with industry stakeholders to create a development plan for the initiative. 

“We plan to create a whole ecosystem for the textile and garment industry,” said Saxena. “The park will have all advanced facilities catering to the needs of the industry. The park will have residential apartments for workforce, common facility, logistics, and commercial spaces among other facilities.”
 
The government is planning to facilitate rail connectivity to the industrial park to improve transportation links. The central government plans to create PM MITRA Parks in Maharashtra, Uttar Pradesh, Gujarat, Karnataka, Telangana, and Tamil Nadu, designed to boost the country’s textile industry.