By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Reading: Investment intentions over Rs 18,500 crore received under PM MITRA textile parks scheme: Giriraj Singh – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Investment intentions over Rs 18,500 crore received under PM MITRA textile parks scheme: Giriraj Singh – World News Network
Business

Investment intentions over Rs 18,500 crore received under PM MITRA textile parks scheme: Giriraj Singh – World News Network

worldnewsnetwork
Last updated: March 11, 2025 12:00 am
worldnewsnetwork 4 months ago
Share
SHARE

New Delhi [India], March 11 (ANI): Investment MoUs or proposals with expected investment potential of over Rs 18,500 crore have been signed or received under the PM Mega Integrated Textile Region and Apparel (PM MITRA) park scheme, Union Textiles Minister Giriraj Singh informed Lok Sabha on Tuesday.
In respect of PM MITRA park in Amravati, Maharashtra, the tender of infrastructure development for Rs 111 crore has been finalized and a work order issued, the minister said in his written reply.
In order to promote growth and development of the textile sector including exports, the central government is implementing various schemes/initiatives including Scheme for Integrated Textile Park (SITP), Integrated Processing Development Scheme (IPDS), Production Linked Incentive (PLI) Scheme, National Technical Textiles Mission (NTTM), SAMARTH – Scheme for Capacity Building in Textile Sector ATUFS, Silk Samagra-2, National Handloom Development Program (NHDP) and National Handicraft Development Program (NHDP).
With a view to developing integrated, large-scale, and modern industrial infrastructure facilities for the entire textile industry value chain, the government has approved setting up seven PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks in greenfield/brownfield sites with a scheme outlay of Rs 4,445 crore for the period 2021-22 to 2027-28.
The government has finalised seven sites for setting up PM MITRA parks: Tamil Nadu (Virudhnagar), Telangana (Warangal), Gujarat (Navsari), Karnataka (Kalaburagi), Madhya Pradesh (Dhar), Uttar Pradesh (Lucknow), and Maharashtra (Amravati).
Once completed, each PM MITRA park is expected to attract about Rs 10,000 crore in investments and generate about 3 lakh (direct/indirect) employment opportunities.
The PM MITRA scheme has a financial outlay of Rs 4,445 crore from 2021-22 to 2027-28.
The government is implementing various schemes/initiatives aimed at promoting the textile sector pan-India.
The major schemes/initiatives include PM Mega Integrated Textile Regions and Apparel (PM MITRA) parks scheme which seeks to create a modern, integrated large scale, world class industrial ecosystem, which will help in attracting investments and boosting employment; Production Linked Incentive (PLI) Scheme focusing on Man Made Fibre and Apparel, and Technical Textiles to boost large scale manufacturing and enhancing competitiveness; National Technical Textiles Mission focusing on Research Innovation and Development, Promotion and Market Development, Skilling and Export Promotion; SAMARTH – Scheme for Capacity Building in Textile Sector with the objective providing demand driven, placement oriented, skilling program; ATUFS to incentivize technology upgradation and modernization through capital investment subsidy for eligible investment in benchmarked textile machinery; Silk Samagra-2 for comprehensive development of sericulture value chain; National Handloom Development Program and National Handicraft Development Program for end to end support for handloom and handicraft sectors etc.
The government is administering the National Handloom Development Programme and Raw Material Supply Scheme to promote the handloom sector and for the welfare and benefit of handloom workers across the country.
Under the schemes, financial assistance is provided to eligible handloom agencies/workers for raw materials, procurement of upgraded looms and accessories, solar lighting units, construction of workshed, product diversification and design innovation, technical and common infrastructure, marketing of handloom products in domestic/overseas markets, concessional loans under weavers’ MUDRA scheme, social security, etc.
Further, the Office of Development Commissioner (Handicrafts) implements two schemes, the National Handicrafts Development Programme (NHDP) and the Comprehensive Handicrafts Cluster Development Scheme (CHCDS), to promote the overall development and promotion of the handicrafts sector across the country.
“Under these schemes, need based assistance is provided for end-to-end support to the artisans through marketing events, skill development, cluster development, formation of Producer Companies, direct benefit to artisans, infrastructural and technology support, research and development support etc. which are benefitting to the artisans throughout the country,” the minister said in a separate written reply in Lok Sabha. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

“We are trying to remove all trade barriers,” says Onkar Kanwar of BRICS Business Council – World News Network

Free Pain Relief Camp in Vrindavan on July 9-10 to Offer Non-Surgical Treatment for Chronic Pain – World News Network

Dr. Khalid Master: Championing Aesthetic Excellence and Holistic Care in British Dentistry – World News Network

Dr. Khalid Master: Championing Aesthetic Excellence and Holistic Care in British Dentistry – World News Network

Vellix: Elevating Spaces with Thoughtfully Engineered Furniture Hardware – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article Himachal Pradesh shines at Khelo India Winter Games with gold, silver in women’s ski mountaineering vertical race – World News Network
Next Article Vishnu Manchu meets Telangana CM Revanth Reddy, appreciates his support for Telugu film industry – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -

Latest News

Inflation likely to align with RBI’s projection in Q1: BoB report – World News Network
Business 13 hours ago
Double Chabi: The Global Rice Brand That Brings Generations Together – World News Network
Business 13 hours ago
Smt. Raksha Nikhil Khadse, Union Minister of State, Youth Affairs & Sports Attends Day 1 of BMPS 2025 in New Delhi – World News Network
Business 13 hours ago
Cement demand to grow 7-8% backed by strong real estate and PMAY push: Report – World News Network
Business 13 hours ago

Sports

“He’s a phenomenal player”: Harry Brook hails Jamie Smith for his heroic 184 against India – World News Network
Sports
Despite catch-drop fiasco England women’s keep series alive with victory against India in 3rd T20I – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • National
  • Videos
  • Gujarati

Popular Category

  • Hindi
  • Lifestyle
  • Marathi
  • National
  • Science
  • Sports
  • Tech
  • World

Entertainment

‘Sinners’ makers purchased costumes from Marvel originally made for ‘Blade’ reboot – World News Network
Entertainment
Nivin Pauly to share screen with ‘Premalu’ actress Mamitha Baiju in romantic tale ‘Bethlehem Kudumba Unit’ – World News Network
Entertainment
Copyright © 2023 World News Network. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?