Chief Minister of Maharashtra Eknath Shinde recently virtually inaugurated the PM Mega Integrated Textile Regions and Apparel Park (PM MITRA Park) at Amravati in the presence of Union Textiles Minister Piyush Goyal, Minister of State of Textiles Darshana Jardosh, Deputy Chief Minister of Maharashtra Devendra Fadanvis and others.
A Memorandum of Understanding of the PM-MITRA Park was signed between the Government of India and Government of Maharashtra at the event. MoUs were also signed with investors for PM-MITRA Park.
In March this year, the Government of India announced the sites for setting up of 7 PM MITRA Parks for the Textile industry. The Parks are aimed at creating world-class industrial infrastructure that would attract large scale investment including foreign direct investment (FDI) and encourage innovation and job creation within the sector.
Inspired by the 5F vision of Prime Minister Narendra Modi (i.e. Farm to Fibre to Factory to Fashion to Foreign), the PM MITRA Parks are a major step forward in realising the Government’s vision of making India a global hub for textile manufacturing and exports. It is expected that the parks will enhance the competitiveness of the textiles industry by helping it achieve economies of scale as well as attract global players to manufacture in India.
