PM MITRA Park Dhar Sees First Textile Units Move To Execution
The PM MITRA Park in Dhar, Madhya Pradesh, is entering the execution phase, with at least four textile companies set to begin construction in the first half of the current fiscal.
Early movers include Jain Cord Industries Pvt Ltd, Vibrant Polymers LLP, Vansh Technofab Pvt Ltd and Sanathan Polycot Pvt Ltd, signalling a shift from land allotments to on-ground development at the integrated textile hub.
The park has attracted 38 investment proposals worth over Rs 21,500 crore, with the potential to generate around 55,000 jobs. About 1,140 acres have already been allotted, and authorities are accelerating lease execution and plot handovers.
Among key investors, Jain Cord Industries Pvt Ltd plans to invest Rs 2,515 crore over 58 acres, targeting production by 2028. Meanwhile, Vibrant Polymers LLP is set to begin construction in May with an investment of Rs 50.61 crore.
Developed under the government’s integrated “farm-to-fashion-to-foreign” vision, the park aims to create a complete textile value chain ecosystem, improving efficiency, lowering costs, and boosting exports.
With initial projects breaking ground, the Dhar PM MITRA Park is expected to gain momentum as a major textile manufacturing and investment hub.
