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Centre Signs MoU with TN Govt for setting up India’s 1st PM MITRA Park in Virudhunagar

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MoU exchanged for setting up nation's first PM MITRA Park in Tamil Nadu

On March 2023, the Central government signed a Memorandum of Understanding (MoU) with the Tamil Nadu (TN) government to establish India’s first PM Mega Integrated Textile Regions and Apparel (PM MITRA) Park in Virudhunagar District, TN.

  • MoU was signed and exchanged between the Central and TN governments in the presence of Union Textiles Minister Piyush Goyal and TN Chief Minister M K Stalin.

Backdrop:  

The Government of India (GoI) has made the biggest-ever initiative for infrastructure in the textile industry sector.

On March 17, 2023, GoI announced the sites for setting up of 7 PM Mega Integrated Textile Regions and Apparel (PM MITRA) Parks for the Textile industry in the states of Tamil Nadu (TN), Telangana, Gujarat, Karnataka, Madhya Pradesh (MP), Uttar Pradesh (UP) and Maharashtra with an outlay of Rs 4,445 crore for seven years upto 2027-28. Click here to know more

Key Points:

i.The PM MITRA park is set to be built on a 1,052 acre site in E Kumaralingapuram Virudhunagar District, close to the Chennai-Madurai-Kanyakumari national highway (NH-44).

  • It will be well connected to Thoothukudi seaport and Madurai airport. The proposed project site is owned by the State Industries Promotion Corporation of Tamilnadu Limited(SIPCOT).

ii.The plug-and-play infrastructure, an effluent treatment plant and testing facilities, were the amenities at the PM MITRA park in TN.

iii.The infrastructure work cost of Viruduhunagar PM MITRA Park was estimated at Rs 2,000 crore, which includes a Central subsidy of Rs 500 crore.

iv.After completion, the textile park will provide employment opportunities to 2 lakh people and would ensure the economic development of southern Tamil Nadu

v.A total of 11 MoUs between State authorities and companies were exchanged on investment commitments in the PM MITRA park project in TN.

vi.TN State Ministers Thangam Thennarasu, KKSSR Ramachandran, R Gandhi and Union Ministers L Murugan and Darshana Vikram Jardosh also participated in the MoU exchange.

About Tamil Nadu:

Governor – R.N. Ravi
Chief Minister -M K Stalin
Wild Life Sanctuary – Kanyakumari Wildlife Sanctuary, Sathyamangalam Wildlife Sanctuary
Tiger Reserve – Mudumalai Tiger Reserve, Sathyamangalam Tiger Reserve