Textile Giants Pledge Rs 23000 crore For First PM MITRA Park Being Inaugurated in Madhya Pradesh

Dhar, Sep 16 (KNN) In a major boost to India’s textile sector, over 114 textile and apparel manufacturers from Madhya Pradesh, Delhi, Tamil Nadu, Punjab, Gujarat, and Rajasthan have pledged investments exceeding Rs 23,000 crore in the country’s first PM Mega Integrated Textile and Apparel (PM MITRA) Park, coming up in Dhar, Madhya Pradesh.

The park will be inaugurated by Narendra Modi on September 17, coinciding with his birthday.

Industry players see the state’s strategic location, strong cotton production base, and supportive industrial climate as crucial advantages that can help overcome global trade challenges and boost both domestic manufacturing and exports.

They believe the park’s world-class infrastructure will streamline supply chains, reduce logistics costs, and enable faster delivery to markets.

Among the major investors, Rajkumar Ramasamy, Managing Director of a Tamil Nadu-based textile company, plans to invest Rs 981 crore to establish an integrated unit at the park.

“The favourable industrial climate in Madhya Pradesh and our successful pilot project in Ujjain made this an attractive opportunity. Access to raw materials and business-friendly policies gives us confidence about future growth,” he said.

Similarly, Sanjay Agrawal, Managing Director of an Indore-based textile firm, is investing Rs 472 crore. He believes recent high United States tariffs are temporary hurdles.

“Operating from PM MITRA will give us a sustainable tag and open new eco-conscious markets. Its infrastructure will support a smooth supply chain from farm to foreign markets, reducing logistics time and costs,” Agrawal noted.

Spread across over 2,158 acres with an estimated project cost of Rs 2,000 crore, the PM MITRA Park is expected to transform India’s textile industry by delivering scale, speed, and sustainability—helping the country emerge as a global textile powerhouse.

(KNN Bureau)