|
India's UP anticipates ₹10,000 cr investment in PM MITRA textile park

23 Nov '23

1 min read

Pic: Adobe Stock

Insights

UP government expects over ₹**** crore investment in the PM MITRA mega textile park near Lucknow, covering **** acres in Atari village.
The park will be connected to major cities and highways through a new four-lane road, and is near railway stations, boosting the region's significant handicraft and textile sectors that sustain many livelihoods.

*.*pt"> The Uttar Pradesh (UP) government anticipates an investment exceeding &#****;**,*** crore in the proposed Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) mega textile park near Lucknow. This park, located in Atari village, Malihabad, spans *,*** acres. It is one of India&#**;s seven mega textile parks aimed at providing world-class infrastructure to the industry. The goal is to consolidate all processes under one roof, reducing logistic costs.

*.*pt"> According to an official from the UP government, plans are in place to equip this park with state-of-the-art facilities to make it globally competitive. The concept emphasises providing comprehensive facilities to support all aspects of the textile value chain including spinning, weaving, processing, dyeing-printing, and garmenting activities.