UP seeking Private Participation in textile parks' development
20 April 2023, Mumbai
The Government of Uttar Pradesh has signed an MoU with the Government of India to establish 1,000-acre textile parks in Lucknow and Hardoi districts under the PM Mega Integrated Textiles and Apparel (PM Mitra) scheme.
The park will be developed in collaboration with private participation. The state government's move towards re-establishing the state's ancient glory and making it the new textile hub of the country has been widely appreciated.
Uttar Pradesh today has the most favourable environment to set up enterprises and the government is paving the way for UP's development through airports, highways, and proper law and order situation.
The program saw the exchange of MoUs between government officials and leading private investors.
