2 mn jobs to be created under PM MITRA: Goyal

The Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) parks may generate 2 million jobs in the coming four years, Union Commerce and Industry Minister Piyush Goyal said on Friday, while announcing the sites for seven textile parks.

- SHIVA RAJORA

"It is estimated that about 2 million new direct and indirect jobs will be created in the seven parks announced under the scheme till 2027, along with investment of about ₹70,000 crore to create infrastructure in these parks," he said.

Earlier in the day, the government announced the setting up of seven PMMITRA parks for the textile industry to increase investment, promote innovation, create job opportunities and make India a global hub for textile manufacturing and exports.

Of the 13 states that competed, seven - Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh, and Maharashtra selected.

"It is expected that these parks will enhance the competitiveness of the textiles industry by helping it achieve economies of scale as well as attract global players to manufacture in India," said the textile ministry in a statement.