According to Union Minister Piyush Goyal, the Center will shortly identify the states where seven Mega Integrated Textile Region and Apparel Parks, with a projected budget of Rs 4,445 crore, will be built.
These PM MITRA Parks’ locations will be determined utilising a Challenge Method that is based on objective criteria. Previously, the federal government had requested bids from state governments that could provide contiguous, unencumbered land parcels of more than 1,000 acres, along with additional ecosystems and infrastructure related to the textile industry.
In order to provide the Indian textile sector a competitive edge, the PM MITRA project will establish a single location with plug-and-play infrastructure for the full supply and value chain. Goyal made the news at the Global Textile Conclave, which was virtually held in Jaipur.
An entire textile value chain, including spinning, weaving, processing/dying, printing, and clothing production, will be made possible by the MITRA Parks. Costs associated with logistics will be greatly decreased by having such a facility in one place. The 5F vision of Prime Minister Modi—Farm to Fibre to Factory to Fashion to Foreign—is the source of inspiration for the PM MITRA programme.
The government has received 18 applications from 13 states for the seven Mega Integrated Textile Region and Apparel Parks, which are being considered at a “advanced level,” according to Textile Secretary Rachna Shah’s earlier this month.