• Prime Minister Narendra Modi laid the foundation stone of the country’s first Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) Park in Madhya Pradesh’s Dhar district on September 17.
• The PM MITRA Park is coming up on about 2,158 acres at Bhainsola village in Dhar district. It would be equipped with world-class facilities and would abundantly benefit the cotton producers.
• Facilities like a 20 Mega Liters per Day (MLD) common effluent treatment plant, a 10 Megavolt-amperes (MVA) solar power plant, continuous supply of water and electricity, modern roads and 81 plug-and-play units are being developed in the park.
• Housing and social facilities for workers and women employees would make the facility not just an industrial area but an ideal industrial town.
• It will generate nearly three lakh employment opportunities while significantly boosting exports.
PM MITRA Parks
• PM MITRA (Mega Integrated Textile Region and Apparel) Parks will boost the textiles sector in line with the 5F formula (Farm to Fibre to Factory to Fashion to Foreign).
• The government has approved setting up of seven PM MITRA Parks in greenfield/brownfield sites.
These seven sites are:
i) Virudhnagar (Tamil Nadu)
ii) Warangal (Telangana)
iii) Navsari (Gujarat)
iv) Kalaburagi (Karnataka)
v) Dhar (Madhya Pradesh)
vi) Lucknow (Uttar Pradesh)
vii) Amravati (Maharashtra).
• These seven sites were chosen out of 18 proposals for PM MITRA parks which were received from 13 states.
• These mega textile parks will be set up with an outlay of Rs 4,445 crore and this would be the biggest ever initiative for infrastructure in this sector.
Scope of the scheme
• The PM MITRA Parks are a major step forward in realising the government’s vision of making India a global hub for textile manufacturing and exports.
• It is expected that these parks will enhance the competitiveness of the textiles industry by helping it achieve economies of scale as well as attract global players to manufacture in India.
• PM MITRA Parks will help in creating world-class industrial infrastructure that would attract large scale investment including foreign direct investment (FDI) and encourage innovation and job creation within the sector.
• These parks will create 20 lakh direct/indirect jobs and attract an estimated Rs 70,000 crore of domestic and foreign investment.
• PM MITRA Parks represent a unique model where the Centre and state governments will work together to increase investment, promote innovation, create job opportunities and ultimately make India a global hub for textile manufacturing and exports.
• It aims to strengthen the Indian textile industry by way of enabling scale of operations, reduce logistics cost by housing entire value chain at one location, attract investment, generate employment and augment export potential.
• The scheme will develop integrated large scale and modern industrial infrastructure facility for total value-chain of the textile industry for example, spinning, weaving, processing, garmenting, textile manufacturing, processing & printing machinery industry.
• These parks are envisaged to be located at sites which have inherent strengths for textile industry to flourish and have necessary linkages to succeed.