Tag: PM MITRA
PM Mitra Parks to attract Rs 700 billion investment in textiles
Each park is expected to attract an investment of approximately Rs 100 billion, benefiting the local economy and the textile sector. The Centre has approved ... Read More
India’s Garment Exports Expected to Rise 10-20% Amid Bangladesh Crisis
India’s largest garment export cluster, located in Tiruppur, Tamil Nadu, is anticipating around a 10 per cent rise in orders compared to the previous year. ... Read More
Mapping Maharashtra to become a textile hub
Maharashtra has been an integral part of India's textile sector, contributing to 60% of cotton mills in the 1870s. India, boasting one of the largest ... Read More
Swift implementation of PM MITRA to boost textile sector investments, FDI
The parks are currently under development in Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh, and Maharashtra. Industry experts have stated that the expeditious ... Read More
Weaving the future: India’s textile and apparel sector amidst global challenges
With modernised infrastructure, government support, and a renewed focus on innovation and market access, the Indian industry is poised to reclaim its global leadership despite ... Read More
Textile Ministry’s budget allocation may experience slight increase
The ministry encountered a 71% reduction in its revised budget estimate, reducing the outlay to Rs 3,579 crore in 2022-23. The textile ministry is expected ... Read More
Weaving the future: India’s textile and apparel sector amidst global challenges
With modernised infrastructure, government support, and a renewed focus on innovation and market access, the Indian industry is poised to reclaim its global leadership despite ... Read More