Categories: News

Warangal PM MITRA Park Secures US $428 Million Investments

The PM MITRA Park in Warangal is expected to draw about ₹ 3,862 crore (approximately US $428 million) in investment from multiple textile firms, the Centre told Parliament on Tuesday.

The massive industrial complex spans 1,327 acres, with 866.84 acres earmarked for industrial use — and already 540.41 acres allotted to companies under confirmed investment plans.

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According to the figures given by the government, the project promises to create around 24,400 jobs, underlining a significant boost to the textile sector in the region.

Also Read: India’s Cotton Sector Transforming with New Regenerative Farming Drive

This development is poised to strengthen Telangana’s textile manufacturing ecosystem and elevate Warangal’s role as an emerging hub for apparel production, especially given that the park will house the entire value chain — spinning, weaving, dyeing, processing, and garmenting — within a single integrated facility.

The single-site design and “plug-and-play” infrastructure mirror the goals of the broader PM MITRA initiative, under which seven parks — including the Warangal site — were approved across India with an overall outlay of ₹ 4,445 crore through 2027–28.

The scheme aims to attract investments of roughly ₹ 70,000 crore across all parks while generating millions of direct and indirect employment opportunities.

With confirmed commitments already nearing half a billion U.S. dollars, the Warangal PM MITRA Park stands out as one of the earliest high-value projects under the scheme — signalling investor confidence in Telangana’s infrastructure and the potential of India’s textile value-chain consolidation.

Journal

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