Uttar Pradesh Chief Minister Yogi Adityanath interacted with the investors at the PM Mitra Park Investors’ Meet organised in Lucknow and distributed an incentive amount of Rs 218 crore in total to 80 investors. 

Two Memorandums of Understanding (MoUs) worth Rs 700 crore were also signed at the meet for PM Mitra Park.

Addressing the investors, Adityanath said that Uttar Pradesh, with a population of 25 crore, is India’s largest consumer market. He added that large numbers of people from Nepal, Bhutan, Bihar, Jharkhand, Madhya Pradesh, Rajasthan and Uttarakhand also rely on UP for their needs.

The investors’ meet was held for the establishment of a Mega Textile and Apparel Park on 1,000 acres along the Lucknow-Hardoi border under the ‘PM MITRA Scheme’ of the Government of India. The CM said,” This park will establish Uttar Pradesh as a textile hub and create over 50,000 new jobs.”

During the event, the CM distributed an incentive amount of Rs 210 crore to 80 investors contributing to the state’s textile industry under the Uttar Pradesh Textile and Apparel Policy 2017.