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Indian MMF sector should tap the potential in 'affordable synthetic fashion', says study
Indian MMF sector should tap the potential in 'affordable synthetic fashion', says study

The Hindu

time08-07-2025

  • Business
  • The Hindu

Indian MMF sector should tap the potential in 'affordable synthetic fashion', says study

The rising mid-income populations across Africa, South East Asia, and Latin America has led to a growth in demand for performance-driven, climate-adapted, and cost-sensitive apparel that the Indian manmade fibre (MMF) sector can tap, according to a knowledge paper released recently by the Confederation of Indian Textile Industry (CITI) and Wazir Advisors. The study, which highlights the white spaces in the global MMF economy where India can build first-mover advantage or regional dominance, said one such area is affordable synthetic fashion, especially for the global south. Most of the global MMF suppliers are currently geared towards premium western brands. The Indian textile industry can develop and export lightweight synthetic hijabs, wrinkle-free uniforms, and weather-resistant workwear. The study also underlines the need to prioritise expansion and modernisation of India's downstream MMF capabilities. While the country has established a strong base in polyester staple fibre and filament yarn production, its capacity to weave value-added fabrics and garments is limited. Strategic investments are required to expand the capabilities across MMF fabric processing and apparel manufacturing. There is also for vertically integrated MMF apparel clusters equipped with common infrastructure. Compared to countries such as China and Vietnam, India lacks synthetic-focused garmenting units that can serve volume orders with global quality standards. Infrastructure-led schemes such as PM MITRA Parks must prioritise plug-and-play facilities for MMF apparel, coupled with incentive structures to attract large domestic and international investments in synthetic garment production, the knowledge paper said. The government policies must support raw material security, ensuring that quality inputs are available at competitive prices, it said.

Over Rs700 crore infra work to begin at PM Mitra Park in Dhar
Over Rs700 crore infra work to begin at PM Mitra Park in Dhar

Time of India

time02-07-2025

  • Business
  • Time of India

Over Rs700 crore infra work to begin at PM Mitra Park in Dhar

Indore: Infrastructure work amounting to more than Rs 700 crore will be carried out at PM Mega Integrated Textile and Apparel Park (PM MITRA) in Dhar, one of the seven textile parks being set up in the country under the Centre's scheme to promote textile manufacturing in the country. The first phase of the PM MITRA Park will be developed on 2,158 acre of land in Dhar district at a cost of over Rs 2,050 crore. The master developer of the project, Madhya Pradesh Industrial Development Corporation, has floated the tender. "The work for internal infrastructure at the park will start soon. The internal work will include roads, drainage, electric poles, and all infrastructure-related work. The tenders were issued on June 30, 2025," said MPIDC Ujjain executive director Rajesh Rathod. The tenders floated were worth Rs 773 crore for the first phase of the PM MITRA Park development. MPIDC has so far received investment proposals amounting to Rs 12,000 crore from 47 industries for PM MITRA. PM MITRA Parks are being developed in Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh, and Maharashtra. These parks have secured approval with an allocation of Rs 4,445 crore for a seven-year duration, extending until 2027-28. The master developer of the project also plans to establish more than 800 plug-and-play facilities for the garment industry. The industrial precinct shall feature residential plots, officer quarters, women's worker hostels, worker hostels, and accommodation for unskilled workers.

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