A Memorandum of Understanding (MoU) for the establishment of the PM Mitra textile park in Amravati was signed by the Maharashtra Industrial Development Corporation (MIDC), the state government, and the Union Ministry of Textiles.

The PM Mitra Park is anticipated to draw investments of Rs 10,000 crore and generate 300,000 jobs.

Addressing the launch ceremony of PM MITRA Textile Park, Union Minister of Textiles Piyush Goyal said, “Given Maharashtra's significant contributions across the entire textile value chain, from Farm to Fiber to Factory to Fashion to Foreign, it is a natural choice for a textile park.”

Goyal further highlighted that the well-connected infrastructure of Amravati, including its road, rail, port, and airport networks, will significantly boost the textile industry in Maharashtra.

Spanning across a contiguous 1020 acres of land at Nandgaon Peth, adjacent to the Additional Amravati Industrial Area (MIDC), the Park is situated just 30 kilometers away from the Mumbai Nagpur Samruddhi Highway and 147 kilometers from the nearest port, the Wardha Dry Port. As a brownfield park, it already possesses essential infrastructure such as roads, water, and electricity.