The Memorandum of Understanding for the country’s first PM Mega Integrated Textile Regions and Apparel (PM MITRA) Park was signed between the Central and State governments. It will be located in Tamil Nadu’s Virudhunagar District and employ about 2 lakh people.
Prime Minister Narendra Modi noted the event on Twitter, writing: “This is a very important day for my sisters and brothers of Tamil Nadu!”
“A PM MITRA mega textiles park would be located in the affluent neighbourhood of Virudhunagar. This would help the local economy and benefit the state’s youth in general, #PragatiKaPMMitra “added he.
Giving a big boost to the textile sector, the PM MITRA Parks, in all, would create huge employment opportunities and an estimated 20 lakh people would get ‘new work’ attracting about Rs 70,000 crore investment, Union Textiles Minister Piyush Goyal said.
