Government secures Rs 18,500 cr investment for PM MITRA textile parks

The government has received investment proposals worth Rs 18,500 crore under the PM MITRA Park scheme to boost textile production, employment, and exports, Union Textiles Minister Giriraj Singh informed the Lok Sabha.

The PM Mega Integrated Textile Region and Apparel (PM MITRA) scheme, with an outlay of Rs 4,445 crore for 2021-28, aims to develop world-class industrial infrastructure across the textile value chain. Seven locations Virudhnagar (Tamil Nadu), Warangal (Telangana), Navsari (Gujarat), Kalaburagi (Karnataka), Dhar (Madhya Pradesh), Lucknow (Uttar Pradesh), and Amravati (Maharashtra) have been selected for these parks. Each is expected to attract Rs 10,000 crore in investment and create 3 lakh jobs.

Alongside PM MITRA, the government is implementing other initiatives like the Scheme for Integrated Textile Park (SITP), Production Linked Incentive (PLI) Scheme, and National Technical Textiles Mission (NTTM). Programs such as SAMARTH and Silk Samagra-2 focus on skill development and technological upgrades for artisans and small businesses.

With comprehensive support, including concessional loans and marketing assistance for handloom workers, the government envisions transforming India's textile sector into a global leader in manufacturing and exports.