Government gives go ahead for MITRA park for textiles in Navsari, Gujarat
The Union Government has given the go-ahead to set up a Mega Integrated Textile Region and Apparel Park in Gujarat’s Navsari. The MITRA Park scheme is designed to boost selected states’ textile industries.
The MITRA Park will integrate and streamline textile operations in Gujarat. Industry players in Gujarat have welcomed the move and are confident that it will aid the setting up of a value chain of textile manufacturing in Gujarat, ET Bureau reported.
“The state will benefit the most as it is already home to man-made fibre, technical textiles, and readymade garments sectors,” an industry source told TNN. The government has announced a number of schemes designed to benefit the domestic textiles industry and boost production, including the Production Linked Incentive scheme for textiles. The Union Government is keen to both create new employment opportunities within the industry and boost exports from the sector.
The Union Government recently announced that it will set up textile parks across India and has earmarked a total outlay of Rs 4,445 crore to set these up. On March 22, the MITRA Park in Tamil Nadu’s Virudhunagar district was launched following an agreement signed by the central and state governments.
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