The proposed mega textile park in Uttar Pradesh has garnered investment proposals worth Rs 10,000 crore from domestic textile and garment majors.

Companies looking to establish units in the UP Textile Park spanning 1,162 acres include Reliance Industries, Arvind Mills, Vardhman and Ahuja Textile Mills, among others.

In all, about 400 big and small textile manufacturing and processing plants may come up in the textile park in Lucknow-Hardoi districts.

Recently, UP Chief Minister Yogi Adityanath said the textile hub was estimated to attract a total investment of Rs 15,000 crore.
 
It would create 300,000 direct and indirect employment opportunities.
“Marquee textile companies have evinced interest in setting up plants in the UP Textile Park. About a dozen companies have sought details about land allocation,” a state government official said.

Moreover, the textile park plans to capitalise upon the disruption in the textiles sector of Bangladesh, following a political upheaval. This reportedly led to the closure of 800-1,000 small and medium textile units in that country.

With India targeting garment exports of $100 billion in the next five years, the UP Textile Park will bolster domestic production to achieve the goal.