New Delhi/Bhopal: In a significant push to position Madhya Pradesh as a global textile powerhouse, the state received investment proposals worth Rs 12,508 crore from 15 prominent companies during an interactive session on the PM-Mitra Park, held at Hotel ITC Maurya in New Delhi. The park is to be established in Dhar district under the PM Mega Integrated Textile Region and Apparel (PM-MITRA) scheme, a flagship initiative of Prime Minister Narendra Modi.
Big Boost to Textile Sector: Investment, Jobs, Exports
Chief Minister Dr. Mohan Yadav, who chaired the event alongside Union Textile Minister Giriraj Singh, emphasized that the PM-Mitra Park will revolutionize the textile sector, aligning with the vision of Make in India and Viksit Bharat.
“The investment is yours, the profit is yours, and the responsibility of success is ours,” CM Yadav assured investors, while highlighting Madhya Pradesh’s transformation into a model state for capital investment.
He confirmed that Bhoomi Pujan (groundbreaking ceremony) for the Dhar PM-Mitra Park will happen soon, and the project is expected to generate over 18,000 jobs in its initial phase alone.
Rs 12,508 Crore in Investment Proposals Received
The interactive session saw overwhelming participation from India’s top textile industry leaders.
Why Dhar, MP? Strategic Location, Strong Ecosystem
CM Yadav highlighted the strategic location of Dhar between Madhya Pradesh and Gujarat, India’s top cotton-producing states. He cited MP’s strength in:
- Cotton production (7th in India)
- Robust law & order
- Seamless road, rail, and air connectivity
- Ample land, water, and power infrastructure
- No industrial strikes, skilled and affordable labor
- Incentives under the Industrial Policy-2025
Central Govt’s Vision: From Farm to Fashion to Foreign
Union Minister Giriraj Singh emphasized that the PM-Mitra Park isn’t just an industrial zone but a “complete textile ecosystem” that follows PM Modi’s 5F Vision — Farm to Fiber, Fiber to Factory, Factory to Fashion, and Fashion to Foreign.
He stated the park would reduce costs, improve sustainability, and expand exports. India currently has an opportunity to tap into the $800 billion global textile market, he noted.
Game-Changer for Employment & Export
Principal Secretary Raghavendra Singh stated the park will generate 2 lakh jobs and attract over Rs 10,000 crore in investments. He noted:
- MP contributes 24% of global non-GMO organic cotton
- Rs 9,200 crore textile exports in FY 2024–25
- 31 GW power capacity (30% renewable)
- Support from institutions like NIFT Bhopal, NID Bhopal, and Global Skills Park
He also stressed on generous incentives like capital grants, interest subsidies, and export incentives under MP’s new industrial policy.
One-to-One Interactions Held with Industry Giants
Prominent industrialists and groups participated in closed-door sessions, including:
- Trident Group (Rajinder Gupta)
- Vardhman Group (Neeraj Jain)
- Sanatan Textiles (Ajay Dattani)
- Sharmanji Yarns (Ashu Jain)
- LNJ Bhilwara (Rajiv Gupta)
- Jain Cord Industries (Anil Jain)
- Members from FIEO and AEPC
The discussions focused on policy support, ease of doing business, logistics, and collaborative growth.
What Is PM-Mitra Park?
The PM-Mitra Park scheme aims to establish seven mega integrated textile parks across India, bringing the entire value chain—from raw materials to exports—under one roof. The Dhar park is the first to take concrete shape and is projected to anchor Rs 1 lakh crore in investments across all parks, creating 10 lakh jobs nationwide.