{
  "id": 12858626,
  "title": "Mohan Yadav Secures ₹7,500 Crore Investment Proposal From Bhilosa Industries, 3,750 Jobs On Cards In Madhya Pradesh",
  "url": "https://urgent.news/2026/10/08/mohan-yadav-secures-7-500-crore-investment-proposal-from-bhilosa",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-08T11:21:50.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/mohan-yadav-secures-7500-crore-investment-proposal-from-bhilosa-industries-3750-jobs-on-cards-in-madhya-pradesh"
  },
  "original_language": "en",
  "account": "Madhya Pradesh Chief Minister Dr Mohan Yadav spoke with Bhilosa Industries Managing Director Sandeep Jain about a potential investment of up to ₹7,500 crore in the state's textile sector, according to wire material. The venture, based at PM MITRA Park in Dhar, is projected to generate around 3,750 direct jobs and enhance polyester manufacturing in the region. At the interactive session held at The St. Regis hotel, Bhilosa Industries unveiled a phased investment proposal aimed at constructing a substantial polyester manufacturing facility. The company initially plans to spend ₹2,500 crore, with the total investment reaching ₹7,500 crore as operations commence in 2028. Bhilosa Industries has earmarked around 300 acres of land for the undertaking, dedicating 200 acres to textile manufacturing and the remaining 100 acres for ancillary industrial units. The establishment of this integrated polyester manufacturing ecosystem along the Dhar-Indore industrial corridor is set to bolster Madhya Pradesh's textile supply chain and open new avenues for local businesses. Bhilosa Industries boasts an impressive annual turnover of approximately ₹13,232 crore and secures nearly 25% of India's polyester market, with products exported to international markets like South America, Turkey, and Nepal. The proposed facility could further enhance Madhya Pradesh's export potential. During the meeting, Chief Minister Mohan Yadav highlighted the facility's proximity to world-class infrastructure and robust logistics connectivity at PM MITRA Park. He also pledged investor-friendly policies, streamlined approvals, and targeted incentives to bolster polyester manufacturing and associated industries in the state, aiming to attract significant investments and foster industrial employment across Madhya Pradesh.",
  "summary": "Mumbai: Madhya Pradesh Chief Minister Dr Mohan Yadav held discussions with Bhilosa Industries Managing Director Sandeep Jain in Mumbai on Thursday over a proposed investment of up to Rs 7,500 crore in the state's textile sector. The proposed project at PM MITRA Park in Dhar is expected to create approximately 3,750 direct employment opportunities and strengthen polyester manufacturing in the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}