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MP To Showcase PM MITRA Textile Park In Global Investors Summit

Inspired by Prime Minister Narendra Modi’s 5F vision

MP To Showcase PM MITRA Textile Park In Global Investors Summit

MP To Showcase PM MITRA Textile Park In Global Investors Summit
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22 Feb 2025 1:13 PM IST

Bhopal: The upcoming Global Investors Summit 2025 (GIS 2025) in Bhopal will spotlight the PM MITRA Mega Integrated Textile Region and Apparel initiative, aiming to establish an advanced textile park in Pithampur, Dhar district, Madhya Pradesh.

Inspired by Prime Minister Narendra Modi’s 5F vision (Farm to Fibre to Factory to Fashion to Foreign), the PM MITRA Parks are being developed at seven locations across India through special purpose vehicles (SPV).

These greenfield textile parks will receive central government support amounting to Rs500 crore. The Madhya Pradesh government will showcase to seek industries to set up operations in the park, where comprehensive facilities from design to dyeing will be available for investors.

“A dedicated textile expo will be organised at the GIS to attract investors in the textile sector,” a government official informed media.

The GIS 2025 will be organised on February 24-25. Prime Minister Narendra Modi will inaugurate the summit. The initiative aims to attract investment in organic cotton, encouraging investors to establish weaving, knitting, and machine manufacturing units.

For weaving and knitting, areas like Chhindwara, Bhopal, Nimar Belt, Burhanpur, and Jabalpur are being offered, while Mandideep, Bhopal, Pithampur, and Gwalior are designated for machine manufacturing units.

In a high-level meeting organised in June last year, the Chief Minister emphasised the need to expedite processes related to the Rs500 crore project approved by the Textile Ministry for the Integrated Textile and Apparel Park in Dhar district. He urged agencies to work swiftly to achieve the goal of creating 25,000 jobs through 21 units in the PM Mega Textile Park.

The government has allocated Rs4,445 crore for these parks up to 2027-28. The Government of India will cover 49 per cent of the equity of the special purpose vehicle (SPV) set up under MITRA Park, with the participating state government contributing 51 per cent of the equity.

Formally approved by the Government of India in March 2023, the park will come up in Bhensola village of Badnawar Tehsil,

Dhar district.

Global Investors Summit 2025 PM MITRA textile park Pithampur Madhya Pradesh textile investment organic cotton weaving knitting machine manufacturing textile expo industrial development job creation 
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