PM MEGA INTEGRATED TEXTILE REGION AND APPAREL (PM MITRA)

1. The Ministry of Textiles has issued a notification for establishing 7 Mega Integrated Textile Region and Apparel (PM MITRA) Parks, with a total outlay of Rs. 4,445 crore.
2. The initiative aims to support India in achieving United Nations Sustainable Development Goal 9
3. Inspired by Prime Minister Narendra Modi's 5F vision - Farm to Fibre to Factory to Fashion to Foreign. It aspires to fulfil the vision of building an Aatmanirbhar Bharat and to position India strongly on the Global textiles map.

Objectives and Features:

1. PM MITRA Parks aim to create a comprehensive textile value chain, attracting advanced technology and boosting both foreign and domestic investment in the sector.
2. The parks will integrate various textile processes from spinning to garment manufacturing at one location, reducing logistics costs for the industry.
3. Each park is expected to generate approximately 1 lakh direct and 2 lakh indirect employment opportunities.
4. Several states such as Tamil Nadu, Punjab, Odisha, Andhra Pradesh, Gujarat, Rajasthan, Assam, Karnataka, Madhya Pradesh and Telangana have expressed interest.

Implementation Details:

1. Sites for PM MITRA Parks will be selected through a Challenge Method based on objective criteria.
2. Development Capital Support and Competitiveness Incentive Support will be provided to ensure the establishment and early operation of manufacturing units within the parks.
3. The parks will be developed as Special Purpose Vehicles (SPVs) in a Public-Private Partnership (PPP) mode, with state and central government ownership.

Benefits and Convergence:

1. Convergence with other central and state government schemes will enhance the competitiveness of the textiles industry and create significant job opportunities.
2. Leveraging economies of scale, the scheme aims to empower Indian companies to emerge as global leaders in the textile sector.

Conclusion:

The establishment of PM Mitra Park marks an important step towards realizing Prime Minister Modi's vision of a self-reliant India and strengthening India's position in the global textile market.

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