The Government has proposed a scheme of Mega Investment Textiles Parks (MITRA) to enable the textile industry to become globally competitive, attract large investments, boost employment generation and exports.
- Presenting the Union Budget 2021-22 in the parliament, Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman said that this will create world class infrastructure with plug and play facilities to enable create global champions in exports.
- MITRA will be launched in addition to the Production Linked Incentive Scheme(PLI).