The Government aims to set up seven PM Mega Integrated Textile Region and Apparel (PM MITRA) parks in Greenfield/Brownfield siteswith world-class infrastructure including plug and play facility. To be set up with an outlay of Rs. 4,445 crore by 2027-28, each of these parks will generate 1 lakh direct and 2 lakh indirect jobs on completion.
One of these parks is being set up in Virudhanagar Tamil Nadu. A Special Purpose Vehicle (SPV) i.e. ‘PM Mega Integrated Textile Regions and Apparel Park, Tamil Nadu,’ has already been incorporated for the project with the Government of Tamil Nadu holding 51 per cent stake in the SPV and remaining 49 per cent being held by the Government of India. The project has achieved both the environmental Clearance as well as layout approval from Directorate of Town and Country Planning. The government has also signed MoUs worth Rs 1,200 crore for investment in the park.
The Textile Ministry had earlier introducedthe Scheme for Integrated Textile Park (SITP) to support the development of textile parks across the country with world-class, state-of-the-art infrastructure. The scheme was in implementation up to March 31, 2021. However, the Scheme the government has now subsumed the scheme under the umbrella Scheme of Textile Cluster Development Scheme (TCDS) and allotted an outlay of Rs.568.15 Crore for completing ongoing projects only.
