12 July 2023, Mumbai
The Uttar Pradesh government has finalized the location for the Mega Textile and Apparel Park, a key initiative under the PM Mitra plan.
Expected to generate employment
The chosen site is the serene Atari village in Malihabad, Lucknow. Upon completion, the park is projected to provide employment opportunities for a staggering one lakh young individuals.
State-of-the-Art Park
To attract investments of Rs 10,000 crore, the Yogi Adityanath-led government plans to engage various investors in this landmark project. The park will boast state-of-the-art facilities, ensuring global competitiveness while prioritizing connectivity benefits.
Social infrastructure
The decision to select Atari was guided by its strategic proximity to Lucknow's major transportation routes, including four-lane highways NH-20 and SH-20, as well as a well-connected outer ring road.
In addition, the park will benefit from excellent rail accessibility, with Lucknow Railway Station and Malihabad Railway Station located within reasonable distances.
Moreover, the park's location near Kanpur Node's dedicated freight route, the inland container depot in Kanpur, and Lucknow International Airport will further facilitate logistical operations.
PPP
The park's development will be executed through a public-private partnership (PPP) approach, with a provision of Rs 300 crore for industrial units and Rs 500 crore allocated for essential infrastructure.
The project will be divided into three sections: general infrastructure, social infrastructure, and premium spaces, ensuring cutting-edge amenities for all stakeholders.
