As the textile industry is one of the most promising sectors in the country in terms of employment generation, the government has ensured that it handholds the sector at all levels. Government had launched the PM Mega Integrated Textile Regions and Apparel Parks (MITRAs) Scheme in 2021 to strengthen the Indian textile industry by way of enabling scale of operations, reducing logistics cost by housing the entire value chain at one location.
Besides attracting investment and augmenting export potential, each PM MITRA park is expected to generate 1 lakh direct and 2 lakh indirect jobs where it is located. There is also a provision for social infrastructure.
Union MoS for Textiles Darshana Jardosh on June 30 said that PLI Scheme & PM Mitra Parks will help the Indian textile sector achieve the desired scale and also help it emerge a strong competitor in the global market.
She was inaugurating Avgol Nonwoven’s New Manufacturing facility at Halol in Gujarat. Israel based Indorama has invested in its plant in Halol under 100 percent FDI. The plant will help to substitute imports saving forex outflow worth $25 mn per annum from the country and contribute to the flagship schemes of PM, “Make in India” and “Atma Nirbhar Bharat”.
In the event she spoke on the great response to the PLI scheme & PM Mitra Parks in the country. In a recent move, the Ministry of Textiles had selected 61 applicants under the PLI Scheme for Textiles. A total of 67 applications were received for the PLI scheme out of which 15 applications are under Part-1 and 52 applications are under Part-2.
The Union Minister said that the contribution of India towards man-made fibre in the global market is 25 percent. PLI Scheme & PM Mitra Parks will increase this share, while also making India a strong competitor in the global market.
Textile Industry in India: The textiles industry in India is currently estimated to be of more than 100 bn dollars and is the second-largest employer after agriculture, providing employment to over 4.5 cr people directly and 6.0 cr people indirectly. The number includes 35.22 lakh handloom workers across the country. To boost the growth of the sector, the Centre had also removed the import duty of cotton. PM’s clarion call of Vocal for Local has tremendously helped the local businessmen as well as artisans associated with the textile sector.
As the textile industry is one of the most promising sectors in the country in terms of employment generation, the government has ensured that it handholds the sector at all levels. Government had launched the PM Mega Integrated Textile Regions and Apparel Parks (MITRAs) Scheme in 2021 to strengthen the Indian textile industry by way of enabling scale of operations, reducing logistics cost by housing the entire value chain at one location.
