THEBUSINESSBYTES
BUREAU
WARANGAL,
MAY 10, 2026
Prime Minister
Narendra Modi on Sunday inaugurated India’s first functional PM MITRA Park in
Warangal, Telangana, marking a major milestone in the country’s textile
manufacturing and industrial growth journey. Developed at a cost of Rs 1,695.54
crore, the mega textile park is expected to emerge as a transformative hub for
investments, employment generation and exports.
Spread across 1,327
acres, the PM MITRA Park is poised to become a key driver of India’s expanding
textile ecosystem, with anticipated investments exceeding Rs 6,000 crore.
According to the Ministry of Textiles, nearly 62 per cent of the park has
already been allotted, reflecting strong industry interest and investor
confidence.
The integrated
textile park is expected to generate more than 24,400 direct jobs while also
creating thousands of indirect employment opportunities across the textile
value chain. The project is likely to provide a significant boost to local
economic development and women’s employment in particular.
Addressing the
gathering, the Prime Minister said the PM MITRA Park in Warangal would
accelerate the textile revolution in the country and create large-scale
employment opportunities, especially for women. He reiterated the government’s
commitment to strengthening India’s position as a global textile manufacturing
and export destination.
The PM MITRA Parks
have been conceptualised as modern, world-class industrial ecosystems covering
the complete textile value chain under the Government of India’s “5F Vision” —
Farm to Fibre to Factory to Fashion to Foreign. Under the PM MITRA Scheme,
seven such parks have been approved across Karnataka, Madhya Pradesh,
Maharashtra, Tamil Nadu, Telangana, Uttar Pradesh and Gujarat.
Designed to meet global benchmarks, the Warangal park offers advanced infrastructure facilities, including an extensive internal road network, a dedicated power substation and assured water supply. The park also enjoys strong multimodal connectivity to major railway networks and seaports, ensuring seamless logistics and efficient global trade access.
Industries setting up operations in the park will receive Competitive Incentive Support (CIS) under the PM MITRA scheme. In addition, the government has allocated Rs 300 crore for each PM MITRA Park to enhance investor attractiveness and facilitate rapid industrial development. Units established within the parks will also be eligible for convergence benefits under other central government schemes.
