Construction of Navsari's PM MITRA Park project begins

22 Feb '24

2 min read

Caption: Prime Minister Narendra Modi dedicating to the nation and laying the foundation stone of multiple development projects at Navsari, in Gujarat on February 22, 2024. Pic: PIB

Insights

Construction of Gujarat's PM MITRA Park in Navsari begins, part of PM Modi's initiative for mega textile parks.
It's set to transform the region with ₹3,000 crore investment, creating a value-chain ecosystem and boosting employment.
The central government provides 30 per cent funding for infrastructure, expecting ₹10,000 crore investment and 2-3 lakh jobs.

The construction work of the PM Mega Integrated Textile Region and Apparel (PM MITRA) Park in Gujarat's Navsari has begun. Prime minister Narendra Modi today visited the region to lay the foundation stone for multiple development projects worth more than ₹47,000 crore. PM Modi stated that the project would bolster the textile industry, leading to an increase in India's share in textile exports.

Addressing the inauguration event in Navsari, Modi recalled ‘Five F’—Farm, Farm to Fibre, Fibre to Factory, Factory to Fashion, Fashion to Foreign. He said that the goal was to have a full supply and value chain of textiles.

“Today, the silk city of Surat is getting an expansion till Navsari,” the Prime Minister said, highlighting India’s capability to compete with the largest producers and exporters in the sector.

He emphasised that the completion of the PM MITRA Park will change the face of the entire region where an investment worth ₹3,000 crore will be made solely in its construction. He said PM MITRA Park will create a value-chain ecosystem for activities such as cutting, weaving, ginning, garments, technical textiles, and textile machinery while also giving a boost to employment.

PM Modi informed that the Park will be equipped with houses for the workers, logistics park, warehousing, health facilities, and facilities for training and skill development, according to a press release issued by the Prime Minister’s Office.

Navsari's PM MITRA Park is one of the seven parks approved by the central government. The Gujarat government has allocated 462 hectares to GIDC for the project, for which the centre will provide 30 per cent or ₹500 of the outlay for infrastructure development, estimated at ₹1,500 crore. It is expected that the park will attract investment of ₹10,000 crore and will generate 2-3 lakh direct and indirect employment opportunities in the textile and its allied sectors.

Fibre2Fashion News Desk (KUL)

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