MP CM holds meeting with Global textile machinery leaders in Barcelona
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.
The Chief Minister 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.
Yadav highlighted the state's leadership in attracting textile sector investments and outlined dedicated infrastructure such as textile parks, Special Economic Zones (SEZs), and targeted incentive schemes for investors.
He stressed that the state government understands investor expectations and tailor policies and facilities accordingly to attract long-term partnerships, according to official sources.
'Madhya Pradesh is also ideal for textile machinery manufacturing. The state dispensation is committed to promoting technology transfer and sustainable production in partnership with global companies,' Yadav said.
During the meeting, European textile machinery companies were encouraged and invited to set up their production units in Madhya Pradesh.
Discussions centred on establishing a textile machinery manufacturing hub in Madhya Pradesh, fostering partnerships between Indian and European firms, and exploring avenues for technology transfer and knowledge exchange.
This initiative was centred on boosting world-class textile machinery production under the Make in India and Make in MP campaigns and establishing special textile parks and SEZs.
The meeting was attended by Arthur Emmanuel, founder of the US-based textile tech startup Launch; Enrique Silla, CEO and founder of Jeanologia; representatives from J Jaminter National, a premium Italian weaving and spinning machinery manufacturer; Graziano MacTech, an Italian specialist in fibre processing and yarn production; and Jose Maria Bronco, a textile engineering expert from Italy
Prominent textile companies from Madhya Pradesh, including Best Corp, Pratibha Syntex, Shreeji Polymers, and the DB Group, also participated.
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