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Centre to finalize all SPVs for PM MITRA parks in early 2024
11 months, 4 weeks ago

Centre to finalize all SPVs for PM MITRA parks in early 2024

Live Mint  

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, …

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CPI urges Centre to include Puducherry under PM MITRA textile scheme
1 year, 5 months ago

CPI urges Centre to include Puducherry under PM MITRA textile scheme

The Hindu  

The Communist Party of India has urged the Centre to include the Union Territory under the Pradhan Mantri Mega Integrated Textile Region and Apparel park scheme. In a memorandum to Union Finance Minister Nirmala Sitharaman, party secretary A. M. Saleem said Puducherry has a good history of textile mills that once thrived in the region, providing hundreds of jobs to …

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Explained | Will mega textile parks help boost the sector?
1 year, 8 months ago

Explained | Will mega textile parks help boost the sector?

The Hindu  

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, …

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Poll-bound Karnataka among seven states to win mega textile park project
1 year, 9 months ago

Poll-bound Karnataka among seven states to win mega textile park project

Hindustan Times  

NEW DELHI: Prime Minister Narendra Modi on Friday formally launched the ₹4,445 crore project to develop seven ‘PM MITRA’ mega textile parks -- one each in Karnataka, Tamil Nadu, Telangana, Maharashtra, Gujarat, Madhya Pradesh and Uttar Pradesh – which, according to the textiles ministry, will attract ₹70,000 crore investments, create 2 million jobs and immensely boost exports. “PM MITRA mega …

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