Thursday, October 23, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Investment

Invest: Mitra Parks secure Rs.18,500cr commitments

Fiinews by Fiinews
January 3, 2025
in Investment
Reading Time: 2 mins read
A A
0
Bharat Tex 2025
0
SHARES
20
VIEWS
LinkedinShare on Twitter

Five sites get environmental clearance

MoUs with potential of over Rs.18,500 crore investments have been signed while 100% of the required land have been acquired and handed over to Special Purpose Vehicles (SPVs) for the 7 PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks in Greenfield/Brownfield sites.

To date, the Government has approved these parks with world class infrastructure including plug and play facility with an outlay of Rs.4,445 crore for a period of seven years up to 2027-28, the Ministry of Textile said in a yearend review of 2024 on 1 Jan 2025.

The 7 sites are: Tamil Nadu (Virudhnagar), Telangana (Warangal), Gujarat (Navsari), Karnataka (Kalaburagi), Madhya Pradesh (Dhar), Uttar Pradesh (Lucknow) and Maharashtra (Amravati) https://www.bharat-tex.com/.

Post approval of sites by the Government, the selected States/SPVs have started activities to provide infrastructural facilities like water, power and road till the park gate, said the Ministry https://www.bseindia.com/.

Environment Clearance is available to PM MITRA sites in Gujarat, Uttar Pradesh, Tamil Nadu, Karnataka and Telangana.

The foundation stone of the PM MITRA Park Amravati Maharashtra was laid by Prime Minister Narendra Modi in September 2024 https://www.nseindia.com/.

With a view to boost Technical Textiles in the country, National Technical Textiles Mission (NTTM) was created for a period from 2020-21 to 2025-26 with a fund outlay of Rs.1,480 crore.

The key pillars of NTTM include ‘Research Innovation & Development’, ‘Promotion and Market Development’, ‘Education, Training and Skilling’ and ‘Export Promotion’ https://sbi.com.in/.

The focus of the Mission is for developing usage of technical textiles in various flagship missions, programmes of the country including strategic sectors. Achievement as on date is 168 projects of value Rs.509 crores (approx.) have been approved in the category of Specialty fibers and Technical Textiles. Fiinews.com

Tags: Ministry of Textile
ShareTweetShare

Related Posts

L&T Finance
Investment

Invest: LTF reports early yields from strategy

by Fiinews
October 23, 2025
0
11

Q2 PAT Rs.735cr, up 5% QoQ Investments by Mumbai-headquartered L&T Finance Ltd (LTF) in technology, talent, revamp and expansion of...

Ilumalofo 1024x143
Investment

Invest: Appiness adds iLumaLab to AI-CoE

by Fiinews
October 23, 2025
0
13

Acquisition is natural progression of expansion plans, says Viswambharan Appiness Interactive Private Limited, a Bengaluru-based strategic business consulting firm specialising...

Capemini

Invest: Capgemini acquires WNS for $3.3bn

October 17, 2025
13
TVS Capital Fund

Invest: TVS Fund 4 gets CRISIL grading

October 16, 2025
13
India mongolia

Invest: India funds Mongolian oil refinery

October 16, 2025
14
PIB

Invest: Google’s $15bn Data Centre ready by 2030

October 16, 2025
20
SBI YONO
Sabit

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Technology: Impact of FinTech conferences on students and future opportunities in industry

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tech: Caterpillar certifies LTTS for services
  • Market: Netcore Cloud builds global leadership
  • Invest: LTF reports early yields from strategy
  • Market: CSR funding shifts to Tier-2 cities
  • Market: TCS-Box delivers industry-focused services

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.