He addressed local investors, business leaders, industrialists and representatives of various industrial organizations at a session on investment opportunities in MP held in the textile city of Bhilwara in Rajasthan.
The Chief Minister of the Indian state of Madhya Pradesh (MP), Mohan Yadav, recently invited investors from the neighboring state of Rajasthan to further develop the former’s textile industry. He was addressing a session on investment opportunities in MP held in the textile city of Bhilwara in Rajasthan. Yadav said incentives are being provided and major concessions are being offered for major investment proposals.
Inspired by the rich textile heritage of Bhilwara, Madhya Pradesh seeks to explore multiple opportunities and build a long-term partnership with a progressing Rajasthan, according to an official release from the parliamentary government.
Yadav, who personally took charge of the state industries department, said incentives are being provided to investors and significant concessions are being offered for major investment proposals.
The foundation stone of the country’s first and largest PM MITRA Park in the textile sector has already been laid in MP.
Mewar Chamber of Commerce secretary RK Jain urged Yadav to set up a technical textile park in the bordering Neemuch district.
Fiber2Fashion News Desk (DS)
