Union Minister of State for Textiles Darshana Jardosh has said with a view to attract investment, boost employment generation and position itself strongly in the global textile market, the Government has approved setting up of seven PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks in Greenfield/Brownfield sites including plug and play facility with an outlay of Rs 4445 crore for a period of seven years upto 2027-28.
This information was given by Minister of State for Textiles Darshana Jardosh in a written reply in the Lok Sabha.
This information was given by Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal in a written reply in Rajya Sabha.
She said willing state governments to have ready availability of contiguous and encumbrance-free land parcel of 1000+ acres for being eligible. It is envisaged to be on Public Private Partnership (PPP) mode.
There is a provision of Development Capital Support (DCS) @30% of the project cost with a maximum support of ₹ 500 Cr and ₹200 Crore per park for Greenfield and Brownfield PM MITRA Park respectively. The DCS is for creation of Core Infrastructure, he said.