Development of Textile Parks Under PM-MITRA
The PM MITRA Scheme was launched to boost India's textile industry by setting up integrated textile parks across seven states. These parks, aligned with the 5F vision, aim to enhance scale and competitiveness by reducing logistics costs and unifying the textile value chain. Implementation varies by state: Government SPV-led or Public-Private Partnership models. The scheme includes Development Capital Support and Competitive Incentive Support to stimulate early developments. Additionally, a Production Linked Incentive Scheme is motivating increased textile production, promoting exports, and generating employment through significant investments by selected companies.
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