Seven PM MITRA (Pradhan Mantri Mega Integrated Textile Region and Apparel) Park sites announced

Ministry of Textiles, has issued a notification to set up 7 Mega Integrated Textile Region and Apparel (PM MITRA) Parks with a total outlay of Rs. 4,445 crore.

Government, Ministry of Textiles, has issued a notification to set up 7 Mega Integrated Textile Region and Apparel (PM MITRA) Parks with a total outlay of Rs. 4,445 crore.

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More About The 7 PM MITRA Park sites announced:

Seven sites were chosen out of 18 proposals for PM MITRA parks which were received from 13 States.
The Parks will come up in Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh and Maharashtra.

Aim of these PM MITRA Parks:

These are aimed at helping India to achieve the United Nations Sustainable Development Goal 9: “Build resilient infrastructure, promote sustainable industrialization and foster innovation”. It is hoped that the PM MITRA Parks will have world-class industrial infrastructure which would attract cutting age technology and boost FDI and local investment in the textiles sector.

KEY FEATURES of PM MITRA Parks:

These Parks will offer an opportunity to create an integrated textiles value chain right from spinning, weaving, processing/dyeing and printing to garment manufacturing at 1 location.
Integrated Textile Value chain at 1 location will reduce logistics cost of Industry
Intended to generate 1 lakh direct and 2 lakh indirect employment per park
Sites for PM MITRA Parks will be selected by a Challenge Method based on objective criteria
Proposals of State Governments having ready availability of contiguous and encumbrance-free land parcel of 1,000+ acres along with other textiles related facilities & ecosystem are welcome.

About PM MITRA Scheme:

It will offer the opportunity to create an Integrated Textiles Value Chain right from spinning, weaving, processing/dyeing and printing to garment manufacturing etc. at one location and will reduce the logistics cost of the Industry.
A Special Purpose Vehicle owned by the Centre and State Government will be set up for each park which will oversee the implementation of the project.

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