26.5 C
Chennai
January 8, 2026
TexMart
News

Modi Govt has approved setting up of 7 mega integrated textile region and apparel (PM MITRA) parks.

PM MITRA
Modern industrial infrastructure facility for the entire value-chain of the textile industry, the Government has approved setting up of 7 (Seven) PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks in Greenfield/Brownfield sites with a scheme outlay of Rs. 4,445 crore.

The Government has finalized 7 sites for setting up PM MITRA Parks, details of which are as follow:

TEXTILE PARKS

Once completed, it is expected that each PM MITRA Park will generate 3 lakh (direct/indirect) employment opportunities across all elements of the textile value chain.

Investment MoUs worth Rs. 18,500 crores have been signed by potential investors with different states so far.  SPVs have been incorporated in all 5 Greenfield states with Govt. of India contribution of Rs. 4.90 crore per park and State Government(s) contribution of Rs. 5.10 per park. Work order for Rs. 111 cr. has been issued and work initiated for infrastructure provision inside PM MITRA Park, Amravati, Maharashtra.

Related posts

Filatex India Ltd Turning Waste into Value, One Fibre at a Time

TexMart NL

Eeden Closes €18M Series A Financing to Scale its Breakthrough Textile Recycling Technology

TexMart NL

Bangladesh Oct PMI sees faster expansion rate at 61.8

TexMart NL