PM MITRA Park Virudhnagar allots 190 acres to 23 investors with ₹2,192 crore investment
The Board of PM MITRA Park Tamil Nadu Ltd allotted 190.44 acres of industrial land in the PM MITRA Park at Virudhnagar, Tamil Nadu, to 23 investors on 27 February 2026, unlocking about ₹2,192 crore of investment.
Summary
The Board of Directors of PM MITRA Park Tamil Nadu Ltd, at its 9th meeting chaired by Textiles Secretary Neelam Shami Rao on 27 February 2026, allotted 190.44 acres of industrial land in the PM MITRA Park at Virudhnagar, Tamil Nadu, to 23 investors. The allotments bring committed investment of about ₹2,192.21 crore, with potential for 15,000 jobs, across integrated plants, yarn, fabric, processing, garments and technical textiles. The Virudhnagar park, one of the seven mega parks under the PM MITRA scheme, is being built at a cost of ₹1,894 crore on NH 44, about 106 km from Tuticorin port, and is targeted for completion by December 2027. The Cabinet approved the seven PM MITRA parks in October 2021 with an outlay of ₹4,445 crore over five years, as announced in the Union Budget 2021-22.
Key facts
- Date
- 27 February 2026 (9th Board meeting)
- Land allotted
- 190.44 acres to 23 investors
- Investment
- ~₹2,192.21 crore; 15,000 potential jobs
- Park cost
- ₹1,894 crore; target December 2027
- Location
- Virudhnagar, Tamil Nadu; on NH 44, 106 km from Tuticorin port
- Scheme
- 7 PM MITRA parks; ₹4,445 crore over 5 years (approved October 2021; Budget 2021-22)
Practice MCQs 3 questions
In which district of Tamil Nadu is the PM MITRA Park where 190.44 acres were allotted to investors on 27 February 2026?
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Correct answer: D — Virudhnagar
The land was allotted in the PM MITRA Park at Virudhnagar, Tamil Nadu.
How much committed investment was unlocked by the land allotment at PM MITRA Park Virudhnagar on 27 February 2026?
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Correct answer: A — About ₹2,192 crore
The allotment to 23 investors unlocked about ₹2,192.21 crore; ₹1,894 crore is the park's cost and ₹4,445 crore the scheme outlay.
Consider the following statements about the PM MITRA scheme: 1. It provides for seven Mega Integrated Textile Region and Apparel Parks with an outlay of ₹4,445 crore over five years. 2. The scheme was announced in the Union Budget 2021-22. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
Both are correct. PIB (October 2021) says the Government approved 7 PM MITRA parks with a total outlay of ₹4,445 crore over 5 years, as announced in the Union Budget 2021-22.