Piyush Goyal Commends Industry for Enthusiasm in setting up and expanding businesses in upcoming PM MITRA Parks
22 June 2023: Union Minister of Textiles, Commerce and Industry and Consumer Affairs, Food & Public Distribution, Piyush Goyal commended the industry for their enthusiasm to set up and expand businesses in the upcoming Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) Parks. Chairing the Industry Interaction on ‘Investment Opportunities in the Textiles Industry under PM MITRA Scheme’ yesterday in New Delhi, the Minister strongly urged the industry to collaborate and partner for Research and Development (R&D) and innovation to jointly achieve greater strides in the sector.
Goyal praised the exemplary initiatives taken by the 7 state Governments, namely, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Telangana, Tamilnadu and Uttar Pradesh, in providing a thriving ecosystem for textiles manufacturing. The Minister further encouraged the industry to take benefit from the existing attractive schemes of the Ministry of Textiles, including National Technical Textiles Mission and Scheme For Capacity Building In Textile Sector (Samarth).
The Minister also suggested setting up a dedicated Invest India desk in Ministry of Textiles to assist and handhold investors looking to set up or expand their manufacturing base to meet increasing global demand. Piyush Goyal released a PM MITRA Brochure prepared by the Textile Team of Invest India during the event.
Secretary, Ministry of Textiles, Rachna Shah and senior officials from Ministry and State Government of 7 shortlisted states under PM MITRA scheme held wide-ranging discussions with the industry. During the first session chaired by Secretary, Ministry of Textiles, Rachna Shah, Senior Government official from each selected State Government showcased the strengths of the respective State in the textiles sector with a special focus on infrastructure & connectivity, scheme benefits & incentives and basic utilities provided besides initiatives for an industry friendly ecosystem to attract investments in the upcoming PM MITRA parks.
This session was followed by an exclusive industry interaction session chaired by Goyal with participation of senior leadership from 80+ prominent textiles companies besides infrastructure developers, banks and international organizations such as the United Nations Industrial Development Organization (UNIDO).
