As part of the agreement, a joint action plan will be developed focusing on sourcing, production, logistics, design, and skill development.
The Government of Madhya Pradesh has signed a memorandum of understanding (MoU) with the Brand & Sourcing Leaders’ Association (BSL) to enhance investment opportunities and strengthen the state’s textile industry.
As part of the agreement, a joint action plan will be developed focusing on sourcing, production, logistics, design, and skill development, according to an official statement from the state’s public relations department.
A task force will oversee time-bound execution with emphasis on the PM MITRA Park project, cluster-linked support, brand engagement roadshows, export promotion, and investment initiatives aligned with environmental, social and governance (ESG) priorities.
Chief Minister Mohan Yadav, who held a roundtable with BSL representatives, assured full state support in investment, production, and employment generation. He highlighted that the upcoming PM MITRA Park in Dhar district will significantly strengthen the textile sector. Even before its groundbreaking ceremony, the project has attracted letters of intent worth over Rs 160 million.
“So far, the state has attracted investments of more than Rs 3,513 crore in the textile sector,†Yadav said.
The release added that Madhya Pradesh’s strong base in organic cotton, advanced textile and garmenting capacities, availability of green energy, stable policy environment, and efficient administrative processes continue to draw interest from global brands.
News source: Fibre2Fashion