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PM MITRA Parks to generate $ 6 bn investment
PM Mega Integrated Textile Region and Apparel (PM MITRA) scheme is expected to bring fresh capital investment of $ 5.5-6.0 billion and in turn create export opportunities of around $ 4.5-5.0 billion per annum for textile products once the scheme is fully implemented, says a CARE Ratings report.
Ready to scale new heights
With 7 medals in Tokyo Olympics, India registered its highest medal tally in any Olympics.
Minister requests for MITRA textile park in Odisha
Union Education Minister Dharmendra Pradhan has requested Union Textile Minister Piyush Goyal to set up a greenfield Mega Integrated Textile Region and Apparel (MITRA) park in Odisha.
PM MITRA parks to generate $ 6 bn investments
PM MITRA scheme is expected to bring fresh capital investment of $ 5.5-6.0 billion and in turn create export opportunities of around $ 4.5-5.0 billion p.a. for textile products once the scheme is fully implemented, according to a CARE Ratings report.
Telengana interested in mega textile parks
Telangana’s textiles industry, may have many global companies coming forward to set up shop. The State government is also interested in the establishment of a Mega Integrated Textile Regional and Apparel (MITRA) park.
Indian textile sector aims at $ 100 bn export
Textile minister Piyush Goyal said that the sector will achieve $44 billion exports target in FY22, and in the next five years, is set to aim for $100 billion outbound shipments.
PLI scheme for textiles, MITRA park to get approval
Piyush Goyal, Union Minister for Commerce & Industry, Textiles, Consumer Affairs and Public Distribution stated that PLI Scheme for Textiles & MITRA Parks Scheme is at an advanced stage of Approval.
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