The Prime Minister recently laid the foundation stone for the PM Mega Integrated Textile Regions and Apparel Park (PM MITRA Park) in Amravati, Maharashtra. This initiative aims to enhance the textile industry in India and support skill development and entrepreneurship.
- The Prime Minister also attended the National ‘PM Vishwakarma’ Programme that marks one year of progress under PM Vishwakarma.
About the PM MITRA Park:
- Objectives:
- Boost the Textile Industry: Development of integrated large-scale industrial infrastructure for the entire textile value chain.
- Employment Generation: Each park is expected to create approximately 1 lakh direct jobs and 2 lakh indirect jobs.
- Other States Involved: Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, and Uttar Pradesh.
- Launched by: the Ministry of Textiles in 2021.
Key Features of the PM MITRA Park Scheme
- Vision: Inspired by the 5F vision- Farm to Fibre to Factory to Fashion to Foreign.
- Time Period: 2021-22 to 2027-28.
- Eligibility Criteria: Requires contiguous, encumbrance-free land of at least 1000 acres and compliance with state textile and industrial policy.
- Types: Can be either Greenfield or Brownfield developments.
- Implementation Structure: Operated by a Special Purpose Vehicle jointly owned by the Central and State Governments.
Potential Benefits of PM MITRA Parks:
- Reduced Logistics Costs: Establishing an integrated value chain at a single location will enhance competitiveness.
- Sustainable Development Goals (SDGs): The initiative supports SDG 9, promoting resilient infrastructure and sustainable industrialization.
PM MITRA Park in Maharashtra:
- One of seven PM MITRA Parks approved by the central government.
- Implementation Agency: Maharashtra Industrial Development Corporation (MIDC)
Ref: Source
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Frequently Asked Question:
What is the main objective of the PM MITRA Park?
The main objective is to develop large-scale industrial infrastructure for the entire textile value chain and boost India’s textile industry.
How many jobs are expected to be generated by each PM MITRA Park?
Each park is expected to create 1 lakh direct jobs and 2 lakh indirect jobs.
Which states are involved in the PM MITRA Park initiative?
States like Maharashtra, Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, and Uttar Pradesh are involved in this initiative.
What is the vision behind the PM MITRA Park Scheme?
The scheme is inspired by the 5F vision—Farm to Fibre to Factory to Fashion to Foreign.
Who is responsible for implementing the PM MITRA Park in Maharashtra?
The Maharashtra Industrial Development Corporation (MIDC) is the implementation agency.