Announcing plans to set up a PM MITRA Park on the Lucknow-Hardoi border, Yogi Adityanath, Chief Minister, Uttar Pradesh signed two MOUs totaling Rs 700 crore for the project.
Aligning with Prime Minister Narender Modi’s ‘5F’ vision, these MoUs encompass ‘Farm to Fibre, Fibre to Factory, Factory to Fashion, and Fashion to Foreign.’
Addressing the Investors Meet for the project, Yogi also revealed plans to develop two leather parks named after Sant Ravidas.
The state has provided Rs 210 crore in incentives to investors under the 2017 textile policy for the project, Yogi highlighted. It has also allotted an additional Rs 8 crore under the 2022 policy for industrial growth and job creation and is committed to creating investor-friendly policies, Yogi emphasized.
Having major textile centers in regions like Gorakhpur, Sant Kabir Nagar, Azamgarh and Mubarakpur, Uttar Pradesh can be established as a leading textile hub, he highlighted.
Consequently, the government has decided to construct an integrated textile park in Lucknow, with ten additional parks being developed as extensions under state government initiatives, Yogi informed.
The establishment of the Mega Textile Park will help generate employment and strengthen Uttar Pradesh's position as a leading textile manufacturing state in India, Yogi affirmed.
