PM Mega Integrated Textiles Region and Apparel Park (PM MITRA)

Setting up of 7 PM Mega Integrated Textiles Region and Apparel Park (PM MITRA) was notified by government in October 2021 with a total outlay of Rs. 4,445 crores.

  • The scheme is expected to further the vision of AtmaNirbhar Bharat and to position India strongly on the global textiles map.

Features

  • PM MITRA is inspired from 5 F’s -farm to fibre; fibre to factory; factory to fashion; fashion to foreign.
  • Competitiveness Incentive Support (CIS) of Rs. 300 Crore will also be provided to each PM MITRA Park for early establishment of textiles manufacturing units in PMMITRA Park.
  • PM MITRA Park will be developed, by a Special Purpose Vehicle which will be owned by the State Government and Government of India, in a Public Private Partnership (PPP) Mode.

Significance

  • It will enhance the competitiveness of the textile sector
  • It will strengthen the textile sector by developing integrated large scale and modern industrial infrastructure facility for entire value-chain of the textile industry.
  • It will help to reduce the logistics cost
  • It will help India in attracting investments, and boosting employment generation.

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