India's UP signs 2 MoUs worth $81.8 mn at PM MITRA park investors meet

24 Mar '25

2 min read

PM MITRA Park to turn India's UP into textile hub, create 50,000 jobs

Pic: Yogi Adityanath/X

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India's Uttar Pradesh state signed two MoUs worth $81.8 million at an investors' meet for the upcoming PM MITRA textile and apparel park at the border of Lucknow and Hardoi districts.
The park would offer facilities for weaving, dyeing, printing, designing and packaging.
The state will also set up 10 new textile parks named after Sant Kabir Das and two leather parks in honour of Sant Ravidas.

India’s Uttar Pradesh state signed two memoranda of understanding (MoUs) worth ₹700 crore ($81.8 million) at a recent investors' meet for the upcoming textile and apparel park at the border of Lucknow and Hardoi districts that is being developed under the Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA Scheme).

State Chief Minister Yogi Adityanath met potential investors and said the park would turn the state into a textile hub, creating over 50,000 jobs.

He also distributed incentives worth ₹210 crore to 80 investors under the state's Textile and Apparel Policy 2017.

“On this occasion, incentive cheques were distributed to beneficiaries promoting investment and innovation in the textile industry and MoU was signed with investors,” CM Yogi said in a post on X.

The textile and apparel park would offer integrated facilities for weaving, dyeing, printing, designing, and packaging, Yogi said. It would ensure a seamless production-to-export facility at a single location.

The state will establish 10 new textile parks named after Sant Kabir Das and two leather parks in honour of Sant Ravidas, he announced.

Investment proposals worth ₹3,800 crore had already been received under 83 MoUs, he was cited as saying by media reports from the state.

Fibre2Fashion News Desk (DS)

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