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UP Textile Park attracts investment proposals worth Rs 10k-cr

Wednesday, 16 Oct 2024
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The proposed mega textile park in Uttar Pradesh has attracted investment proposals of nearly Rs 10,000 crore from domestic textile and garment majors.

Companies looking to set up units in the UP Textile Park include Reliance Industries, Arvind Mills, Vardhman and Ahuja Textile Mills, among others. In all, about 400 big and small textile manufacturing and processing plants may come up in the textile park spanning 1,162 acres in Lucknow-Hardoi districts. Besides, the state boasts of major textile hubs of Varanasi, Lucknow, Bhadohi and Gorakhpur.

The facility will provide training, marketing, designing, packaging, manpower, consultancy as well as export services. It is expected to create 3,00,000 direct and indirect employment opportunities. The state government has also tied up with Raymond for skills training of youth in garmenting and tailoring.

The textile park will firmly establish India as a global textile, garment and apparels major, and for exports, policies will be formulated to promote apparel, garments, fibre, textiles, as stated by UP MSME, Khadi and Textile Minister Rakesh Sachan.

 

 

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