The Union Cabinet has approved the Mega Investment Textiles Parks (MITRA) scheme proposed in February this year. The scheme involves development of seven mega textile parks across India to create world-class infrastructure with plug-and-play facilities. A part of the government's 'Farm to Fiber to Factory to Fashion to Foreign' push, the parks will generate one lakh direct and two lakh indirect employments per park, says Piyush Goyal, Textiles Minister.

The MITRA scheme enables textile industry to become globally competitive and boost employment generation and exports. The scheme will have two parts, with the larger component being development support. Each of these parks will be set up with an estimated investment of Rs 1,700 crore. . First movers who establish anchor plants and hire atleast 100 people will get a competitive incentive support from the government. These businesses can secure upto Rs 10 crore in a year for three years or a total of Rs. 30 crore under this formula.

The government plans to establish 'holistic integrated textile processing regions' around these parks. This would include common services centers, design centers, research and development centers, training facilities, medical and housing facilities as well as Inland Container Terminals and logistics warehouses.