CM Mohan Yadav held a high-level round-table meeting in Barcelona with representatives of leading global textile machinery companies on the third day of his visit to Spain. The meeting was organised with the objective of establishing Madhya Pradesh as a hub for textile machinery manufacturing and promoting partnerships with European technology providers.
CM Mohan Yadav highlighted the investment-friendly environment and investor-centric policies in Madhya Pradesh’s textile sector. He stated that Madhya Pradesh is a leading state in India in attracting textile investments. He elaborated on the facilities provided by the state government such as dedicated textile parks, SEZs, and incentive schemes for investors. He emphasized the importance of understanding the needs and expectations of investors to tailor policies and facilities accordingly.
CM Mohan Yadav said, “Madhya Pradesh is also ideal for textile machinery manufacturing. The state government is committed to promoting technology transfer and sustainable production in partnership with global companies.”
Invitation For Investment Under Make in India and Make in MP
During the meeting, European textile machinery companies were encouraged and invited to set up their production units in Madhya Pradesh. Discussions focused on the establishment of a textile machinery manufacturing hub in the state, promotion of partnerships between Indian and European companies, possibilities of technology transfer, and knowledge exchange. This initiative was centered on boosting world-class textile machinery production under the Make in India and Make in MP campaigns and establishing special textile parks and SEZs.
Participation of Global Textile Companies
The meeting witnessed participation from top-level textile technology companies such as Arthur Emmanuel, founder of leading US-based textile tech startup Launch; Enrique Silla, CEO and founder of Jeanologia; Mr. J. Jaminter National, a premium weaving and spinning machinery manufacturer from Italy; Graziano MacTech, a specialist in fiber processing and yarn production from Italy; and Jose Maria Bronco, a textile engineering expert from Italy. Prominent textile companies from Madhya Pradesh, including Best Corp, Pratibha Syntex, Shreeji Polymers, and DB Group, also participated in the meeting.