The government said that, states having ready availability of contiguous and legal land parcel of 1000+ acres will be eligible to apply for the Prime Minister’s Mega Integrated Textile Region and Apparel (MITRA) parks.
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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.
MITRA parks will offer an opportunity to create an integrated textiles value chain right from spinning, weaving, processing/dyeing and printing to garment manufacturing at one location
MITRA parks will offer an opportunity to create an integrated textiles value chain right from spinning, weaving, processing/dyeing and printing to garment manufacturing at one location
MITRA parks will offer an opportunity to create an integrated textiles value chain right from spinning, weaving, processing/dyeing and printing to garment manufacturing at one location
MITRA parks will offer an opportunity to create an integrated textiles value chain right from spinning, weaving, processing/dyeing and printing to garment manufacturing at one location
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.