National Conference on PM Mega Integrated Textile Regions and Apparel Park (PM MITRA) Scheme

Tags: National Summits

Recently a National Conference on PM Mega Integrated Textile Region and Apparel Park (PM Mitra) Park Scheme was organised by the Ministry of Textiles.

• The conference was inaugurated by U.P Singh, Secretary, Ministry of Textiles.

• The conference provided a platform for presentations by officials of 13 state governments.

• 13 states viz Andhra Pradesh, Bihar, Chhattisgarh, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Odisha, Punjab,  Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh participated in the conference.

• Each state government showcased its strengths in the textiles sector.

• About PM MITRA Park Scheme

• Under the project, PM Mitra Parks will be set up by a special purpose vehicle owned by the State Governments and the Centre in a Public-Private Partnership (PPP) model.

• Seven Mega Integrated Textile Region and Apparel (PM Mitra) parks will be set up at greenfield or brownfield sites located in different states.

• It is motivated by PM Modi’s 5F vision of farm to fibre, fibre to factory, factory to fashion and fashion to foreign.

• This integrated vision will help drive the growth of the textile sector in the economy.

• Aim of the scheme

• To create a world class industrial infrastructure that will attract cutting edge technology and promote FDI and local investment in the sector.

• The objective of this scheme is to generate about 1 lakh direct and 2 lakh indirect jobs per park.

• Funding 

• The Centre will provide capital support for common infrastructure development of Rs 500 crore for each greenfield Mitra park and Rs 200 crore for each brownfield.