PM MITRA Park: Features and Significance

PM MITRA Park:

Context

PM MITRA Park recently came into focus after the Prime Minister inaugurated a new textile park under the scheme at Warangal in Telangana.

About PM MITRA Park

  1. PM MITRA stands for Pradhan Mantri Mega Integrated Textile Region and Apparel Scheme, which aims to develop large integrated textile manufacturing hubs in India.
  2. The scheme seeks to bring the entire textile value chain — from spinning and weaving to dyeing, processing and garment manufacturing — within a single location.
  3. These parks are planned either as Greenfield projects (developed on new land) or Brownfield projects (developed on existing industrial land).
  4. The Ministry of Textiles is the nodal ministry responsible for implementing the scheme.
  5. Seven PM MITRA Parks have been approved in different States, namely Tamil Nadu (Virudhunagar), Telangana, Gujarat, Karnataka, Madhya Pradesh, Maharashtra and Uttar Pradesh (Lucknow).

Key Features and Financial Support

  1. The scheme promotes an integrated textile ecosystem by bringing spinning, weaving, dyeing, processing and garment manufacturing within a single location.
  2. This integrated approach is expected to reduce logistics expenses and improve overall supply-chain efficiency in the textile sector.
  3. Around 50% of the total land area in each park is reserved for manufacturing activities, while separate areas are allocated for utilities and commercial development.
  4. The parks are planned with modern infrastructure facilities to support various stages of textile production.
  5. PM MITRA Parks are being developed through Special Purpose Vehicles (SPVs) jointly established by the Central and State Governments under the Public-Private Partnership (PPP) model.
  6. The Central Government provides financial assistance of up to ₹800 crore for Greenfield parks and up to ₹500 crore for Brownfield projects.
  7. State Governments are responsible for providing land and strengthening utility infrastructure required for the development of these textile parks.