MP proposes land for mega Textile Park in Ratlam.

The Madhya Pradesh Industrial Development Corporation (MPIDC) recently proposed a piece of industrial land in Ratlam to develop a mega integrated textile park after finance minister Nirmala Sitharaman announced to launch seven mega textile parks with integrated facilities in three years in the last budget, according to its executive director Rohan Saxena. Saxena said the selection of the site will be on a competitive basis and keeping in view the location and connectivity of Ratlam to the Delhi-Mumbai Expressway, the location well suits the requirement of the textile park. The state’s industry department is eyeing investments from medium and large-scale industries in Ratlam, according to a report in a top English-language daily. The state government should suggest a location that should be less than an hour from the airport for smooth transit so that it attracts global buyers and related stakeholders, Madhya Pradesh Textile Mills Association Chairman Akhilesh Rathi said.