PM Modi inaugurates PM MITRA Park at Telangana’s Warangal

• Prime Minister Narendra Modi inaugurated India’s first functional PM MITRA Park in Warangal, Telangana, on May 10.

• It is developed at a cost of Rs 1,695.54 crore.

• Strategically located near the proposed Nagpur-Vijayawada Greenfield Expressway (NH-163G) and in proximity to NH-163, the park offers excellent multimodal connectivity to major railway networks and seaports, ensuring seamless logistics for global trade. 

• Designed as a world-class industrial ecosystem, the park is equipped with state-of-the-art infrastructure including an extensive internal road network, dedicated power substation and assured water supply. 

• The Park is poised to become a key driver of India’s textile growth story, with over Rs 6,000 crore in expected investment and significant progress already underway, with 62 per cent of the park already allotted.

• Spread across 1,327 acres, the park is set to generate large-scale opportunities across the textile value chain, with over 24,400 jobs expected to be generated and thousands of jobs already created.

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.

• Industries being set up in the park will not only have access to world-class infrastructure facilities for the textile sector (benchmarked against textile mega parks globally) but also receive Competitive Incentive Support (CIS) under the PM MITRA scheme.

• A fund of Rs 300 crore has been allocated to each park to make them more attractive to investors. 

• Units in the PM MITRA parks are also eligible for benefits in convergence with other government of India schemes.

(The author is a trainer for Civil Services aspirants.)