Madhya Pradesh Chief Minister Mohan Yadav welcomed both domestic and international textile firms to invest in the state, highlighting its investor-friendly policies and the nation’s most affordable electricity rates. Speaking at a gathering with textile investors and industry leaders in New Delhi, Yadav emphasized Madhya Pradesh’s appeal as a prime investment hub for the textile and garment industry.
The Chief Minister assured that the state government has fulfilled its commitments to businesses, including the prompt transfer of subsidies through the Direct Benefit Transfer system and the settlement of all outstanding dues up to May 2026. Yadav encouraged investors to establish industries in Madhya Pradesh, underscoring the state’s conducive environment for industrial growth.
Yadav pointed out Madhya Pradesh’s advantages in the industrial sector, particularly its provision of cost-effective electricity, which enhances the competitiveness of businesses. He also highlighted the state’s advancements in green energy, with a substantial portion of electricity being generated from solar and pumped-storage projects.
Referring to the PM MITRA initiative, Yadav mentioned the forthcoming ‘PM MITRA Park’ in Dhar district, expected to significantly benefit the textile industry by creating numerous job opportunities and supporting cotton growers in the region. He expressed readiness to collaborate with the Central government and global brands to fortify India’s textile sector.
The Chief Minister underscored Madhya Pradesh’s longstanding textile heritage, citing globally renowned brands like Maheshwari and Chanderi sarees. He credited Queen Ahilyabai Holkar for promoting Maheshwari textiles and uplifting weavers’ livelihoods. Yadav emphasized the textile and garment sector’s substantial contribution to the state’s economy through employment generation and value addition.
