New Delhi, February 28 The Ministry of Textiles announced on Saturday that 190.44 acres of industrial land have been allocated to 23 investors by the Board of Directors of PM MITRA Park, Tamil Nadu, unlocking committed investments of nearly Rs 2,192.21 crore, with the potential to generate 15,000 jobs.
The approved investments cover various segments, including integrated plants, yarn manufacturing, fabric production, processing and finishing, garment manufacturing, and technical textiles.
The land allocation decisions were made during the 9th Meeting of the Board of Directors of PM MITRA Park, Tamil Nadu Ltd. (SPV), held on February 27, 2026, under the chairmanship of Neelam Shami Rao, Secretary, Ministry of Textiles.
The PM MITRA Park in Virudhnagar is one of the 7 mega parks being set up under the PM MITRA scheme.
"Located right on the National Highway NH 44 and just 106 km away from the Tuticorin port, it offers excellent connectivity and logistics, as well as a mature textile ecosystem. Nearly Rs 550 crore of infrastructure works are already underway in and around the park site, and the park is targeted to be completed by December 2027," the Ministry of Textiles said.