Chhattisgarh secures Rs 973 crore textile investment, targets 14,000 jobs at Nava Raipur park
Four firms including Saravana Mills (Rs 528 cr) and Swift Textiles (Rs 235 cr) commit to an 81-acre Textile Park at Nava Raipur under the state's 2024-30 Industrial Policy, offering 200% incentives on fixed capital. Suppliers already feed H&M and M&S international supply chains.
Chhattisgarh secured Rs 973 crore in textile/garment investment from four firms, creating 14,000 jobs at Nava Raipur Textile Park. Suppliers count H&M and M&S as clients, feeding international supply chains under the state's 2024-30 Industrial Policy.
Why this matters
Swift Textiles' Rs 235 crore commitment expands its manufacturing footprint into Chhattisgarh's Nava Raipur park, tapping 200% capital incentives and existing H&M and M&S supply chain links.
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