Why in the News?
Prime Minister recently laid the foundation stone for India’s first PM MITRA (Mega Integrated Textile Region and Apparel) Park in Dhar, Madhya Pradesh.
About PM MITRA Scheme:
- Overview: Introduced by the Ministry of Textiles in 2021, the scheme aims to strengthen India’s textile sector by creating 7 world-class integrated parks.
- Concept: Designed on the vision “Farm to Fibre to Factory to Fashion to Foreign”, each park consolidates the entire textile value chain—spinning, weaving, dyeing, processing, printing, and garment-making—within a single ecosystem.
- Sites Selected: Tamil Nadu (Virudhunagar), Telangana, Karnataka, Maharashtra, Gujarat, Madhya Pradesh (Dhar), and Uttar Pradesh (Lucknow).
- Timeline: All parks are targeted to be established by 2026–27, with each covering around 1,000+ acres.
- Implementation Structure:
- Special Purpose Vehicle (SPV): Each park will be developed by an SPV jointly owned by the Centre and State Governments, operating in Public–Private Partnership (PPP) mode.
- Development Capital Support (DCS): Up to ₹500 crore per park provided by the Centre to SPVs.
- Competitive Incentive Support (CIS): Up to ₹300 crore per park offered to manufacturing units to encourage rapid implementation.
Key Features and Benefits:
- Integrated Value Chain: All stages of textile production are located in one hub, reducing transport costs, delays, and inefficiencies.
- World-Class Infrastructure: Includes incubation centres, design/testing labs, effluent treatment plants, reliable utilities, logistics facilities, and worker hostels.
- Employment Generation: Each park expected to create ~1 lakh direct and ~2 lakh indirect jobs, especially benefiting women and rural youth.
- Investment Boost: Scheme aims to attract over ₹70,000 crore in investments in the textile sector.
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