Textile, garment sectors get 15k cr investment

Madhya Pradeshhas landed in textile and garment sectors to the tune of Rs 15,000 crore in the last two years owing to availability of raw land bank and higherinvestment promotion assistancefor setting up factories in far flung areas.

In the state housing more than 25 mega and large-scale textile companies, close to 15 textile and garment units have set up facilities at Ujjain, Dhar, Indore and Bhopal among other areas in the last two years.
Industrial Policy and investment promotion department principal secretaryManish Singhsaid, The state has received encouraging investments in textile and garments in the past two years. Close to 15 new textile and garment units have come up in different parts of the state and an investment of Rs 15,000 crore has been pumped in the last two years.