Textile Park

Prime Minister Narendra Modi announced on Friday that "PM MITRA mega textile parks" will be set up in Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat, Madhya Pradesh and Uttar Pradesh, asserting that they will attract massive investments and create lakhs of jobs. "The PM MITRA mega textile parks will provide state-of-the-art infrastructure for the textiles sector, attracts investment of crores and create lakhs of jobs. It will be a great example of 'Make in India' and 'Make For the World'," Modi tweeted. He added, "PM MITRA mega textile parks will boost the textiles sector in line with 5F (Farm to Fibre to Factory to Fashion to Foreign) vision. Glad to share that PM MITRA mega textile parks would be set up in Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat, MP and UP.

Karnataka Chief Minister Basavaraj Bommai on Saturday said that a mini textile park will be made functional in Hulagur this year aiming to give employment to women

CM Bhagwant Mann said the Central government has approved the scheme for setting up seven PM Mega Integrated Textile Region and Apparel Parks (PM MITRA) in partnership with state governments.

Upendra Prasad Singh says even as 10 states have expressed interest in PM MITRA, many more are expected to participate when the government invites proposals

The parks will be set up at greenfield or brownfield sites. States with contiguous and encumbrance-free land parcels of over 1,000 acres, along with other textiles ecosystems can apply

The PM MITRA will be developed by a special purpose vehicle owned by state governments and the central government in PPP mode

'We must aim for a $100 billion export target in the next five years,' says Textiles Minister

Up to Rs 5,000 crore likely as big brands look to scale up manufacturing in the country

The government on Monday unveiled a scheme for setting up mega textile parks in the country, as part of the Centre's efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector. Finance Minister Nirmala Sitharaman made the announcement while presenting the Budget 2021-22 in Parliament. "A scheme of mega investment textile parks will be launched in addition to the PLI scheme," Sitharaman said. She informed that 7 mega textile parks will be launched in three years as part of the scheme. The mega textile parks will have integrated facilities and quick turnaround time for minimizing transportation losses, eyeing big-ticket investments in the sector. The textile ministry had recently said a scheme and a Mega Integrated Textile Region and Apparel (MITRA) Park, in over 1,000 acres of land with state-of-the-art infrastructure, common utilities and Research and Development (R&D) lab, are under consideration. So far, 59 textile parks

Union Textile Minister Santosh Kumar Gangwar also said that he would soon announce some developmental packages for the state in the textile and handloom sectors