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Cotton News - Cabinet approves 7 mega textile parks under PM MITRA scheme.
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Cabinet approves 7 mega textile parks under PM-MITRA scheme.

The cabinet has approved seven new mega textile parks and has allocated Rs. 4,445 crore for the next 5 years, with an aim to develop a world class infrastructure with plug to play facilities that enables major investments in exports. According to the textile minister, the parks are a part of government’s ‘farm to fibre to factory to fashion to foreign’ push and will generate 1-2 lakh indirect employment per park.