NEW DELHI : The government is in the final stages of creating special purpose vehicles for the Pradhan Mantri Mega Integrated Textile Region and Apparel parks to boost the textile sector. Kulin Lalbhai, the chairman of CII National Committee on textiles & apparel, said: “I don’t have any specific comments to make on the current status of activity in SPV, …
The story so far: On March 17, the government announced that seven mega textile parks under the ₹4,445-crore PM Mega Integrated Textile Regions and Apparel scheme will be set up in the first phase. Under the first phase of the PM MITRA scheme, large textile parks, spread across at least 1,000 acres, will come up in seven States —Tamil Nadu, …
