New Textile Parks Under PM MITRA Scheme to Boost India’s Textile Sector
On August 1, 2025, the Government of India announced the finalization of seven PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks across the country. With an investment outlay of ₹4,445 crore over seven years (up to 2027-28), the ambitious scheme is set to attract investments worth ₹70,000 crore and create nearly 20 lakh direct and indirect jobs, marking a historic step in India’s mission to become a global leader in textiles.
The PM MITRA scheme, envisioned to strengthen India’s textile value chain from fibre to fabric to fashion, will see the establishment of textile parks in,
These parks aim to integrate the entire textile ecosystem, offering world-class infrastructure, logistics, and skill development facilities.
The scheme is designed to generate 20 lakh jobs (direct and indirect) and attract ₹70,000 crore in investments. The parks are expected to boost textile exports, strengthen India’s Make in India mission, and reduce dependency on imports.
The Government is also providing financial assistance to Export Promotion Councils and Trade Bodies for,
In addition to PM MITRA and Samarth, the Government is implementing the National Technical Textiles Mission (NTTM) with an outlay of ₹1,480 crore (2020-21 to 2025-26). The mission focuses on boosting technical textiles, which include high-performance fabrics used in sectors like defence, healthcare, infrastructure, and agriculture. It seeks to promote innovation and R&D in technical textiles, a rapidly growing segment in India.
India has many cities known for their unique identity, and some of them are famous…
Global credit rating agency Fitch Ratings has revised India’s GDP growth forecast for FY26 to…
In a landmark shift in Pakistan’s military command structure, Field Marshal Asim Munir has been…
India’s Smart Cities Mission (SCM), launched in 2015, is entering its final stretch with an…
Welcome to the November 2025 Edition of the Affairs PDF – your all-inclusive monthly guide to…
The Reserve Bank of India (RBI) recently announced two major liquidity measures, a ₹1 trillion…