PM MITRA Mega Textile Parks – Driving Textile Industry Growth and Collaboration

July 28, 2023

Category: General

Country: India

Region: Asia Pacific

July 21, 2023.
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Union Textiles Minister Piyush Goyal has acknowledged the industry’s enthusiasm for the Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) Parks. During an industry interaction event, Goyal praised the initiatives taken by seven state governments to create a conducive ecosystem for textile manufacturing and encouraged the industry to utilize attractive schemes offered by the Ministry of Textiles. Goyal suggested the establishment of an Invest India desk to support investors and released a PM MITRA Brochure. The event provided a platform for collaboration between the Ministry of Textiles, the seven state governments, and industry stakeholders.

In Gujarat, an MoU has been signed for the construction of the PM MITRA Park in Navsari. The park, spanning over 1141 acres, aims to establish an integrated textile value chain from spinning to garment manufacturing. Chief Minister Bhupendra Patel highlighted Gujarat’s significant contributions to the textile industry and expressed optimism about the park’s potential to boost exports and promote innovation. Union Minister Piyush Goyal emphasized that the park would showcase collaboration between the central and state governments, attract investments, and establish India as a global textile production and export hub.

The state of Maharashtra has also been awarded a PM MITRA Park in Amravati. Union Minister Piyush Goyal lauded Maharashtra’s contributions across the textile value chain and highlighted the well-connected infrastructure of Amravati, which will support the textile industry. The park is expected to attract significant investment and create employment opportunities. A Memorandum of Understanding was signed between the Maharashtra Industrial Development Corporation and the Ministry of Textiles for the establishment of the park.

The PM MITRA Textile Park in Amravati is projected to attract an investment of Rs.10,000 crore and generate employment for approximately 300,000 individuals. The park, located near the Mumbai Nagpur Samruddhi Highway, possesses essential infrastructure and aims to strengthen Maharashtra’s textile industry. These developments align with the vision of an Aatmanirbhar Bharat and position India as a global leader in the textile sector.

Courtesy: Indiantextilemagazine.in