PM MITRA Park scheme to boost textile investments

New Delhi

The government has secured investment commitments worth ₹18,500 crore under the PM MITRA Park scheme, aimed at enhancing production, employment, and exports in the textile sector, Union Textiles Minister Giriraj Singh informed Parliament on Tuesday.

The PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks scheme, with an outlay of ₹4,445 crore from 2021-22 to 2027-28, seeks to develop large-scale industrial infrastructure to strengthen the textile value chain. Seven sites have been approved in Tamil Nadu (Virudhnagar), Telangana (Warangal), Gujarat (Navsari), Karnataka (Kalaburagi), Madhya Pradesh (Dhar), Uttar Pradesh (Lucknow), and Maharashtra (Amravati).

Each park is expected to attract investments of ₹10,000 crore and generate around three lakh jobs.

The government is also implementing other schemes to support textile growth, including the Scheme for Integrated Textile Park (SITP), Integrated Processing Development Scheme (IPDS), Production Linked Incentive (PLI) Scheme, and the National Technical Textiles Mission (NTTM). Initiatives such as SAMARTH, Silk Samagra-2, and the National Handloom Development Programme aim to improve skills, modernize production, and enhance exports.

To support handloom workers, the government provides financial aid for raw materials, upgraded looms, solar lighting, and marketing assistance. Concessional loans under the Weavers’ MUDRA scheme and various social security benefits are also available.

The scheme is expected to position India as a global textile manufacturing hub, boosting economic growth and employment.