Govt plans to set up mega parks near ports

The government is planning to set up around ten integrated mega parks with state-of-the-art infrastructure near ports to attract foreign direct investment, as informed by the source.
Textile Secretary Ravi Capoor said there has been a “very good response” from state governments on the proposed mega parks.
He said that there are serious issues regarding India’s competitiveness as far as exports, cutting across all sectors, are concerned, and that the fear of all Free Trade Agreements essentially comes down to the fact that India is not so competitive.
“A country which is competitive need not fear about anybody, no country. Our fears stem from the fact that we know we cannot sustain the onslaught of the most competitive country or that particular product,” Capoor added.