UP will become the new textile hub of the country, mega textile park being built in Lucknow
Uttar Pradesh is moving rapidly towards industrial development under the leadership of Chief Minister Yogi Adityanath. In this series, a huge mega textile park is being developed in Lucknow, which will play an important role in establishing the state as a major textile hub of the country.
This project is being developed under the Prime Minister Mega Integrated Textile Regions and Apparel (PM MITRA) scheme of the Central Government. About 1,000 acres of land has been acquired for this park and more than Rs 990 crore is being invested in the development of infrastructure.
The entire textile value chain at one place
The biggest feature of this mega park is that the entire textile value chain from 'farm to fiber, fiber to fabric and fabric to fashion' will be developed at one place. This will reduce production costs and provide better facilities to industries, which will strengthen Uttar Pradesh's position in global competition.
Big opportunities for investment and employment
Investment interest of more than Rs 63,000 crore has been shown so far for the proposed 7 PM Mitra Parks across the country. It is estimated that each park will generate about 3 lakh direct and indirect employment opportunities. With this, the youth of the state are likely to get jobs on a large scale.
Better connectivity and infrastructure
The government is paying special attention to connecting this project with world-class facilities. Strong system of roads, electricity, water and logistics will make it attractive for investors.
Steps towards self-reliant UP
This mega textile park is an important initiative towards making Uttar Pradesh an employment generating state. In the coming time, this project can establish new dimensions of investment, export and industrial development, which will strengthen the economy of the state.