The setting up of seven PM MITRA (Pradhan Mantri Mega Integrated Textile Region and Apparel) Parks in different parts of the country is yet another example of Prime Minister Narendra Modi’s undaunted will to translate his vision into reality. The mammoth project, involving a total outlay of Rs. 4,445 crore, will not only generate 20 lakh jobs but also integrate the three pillars of the world’s fastest growing economy – agriculture, manufacturing and services.
Inspired by PM Modi’s 5F Vision (Farm to Fibre to Factory to Fashion to Foreign), this is a major step in realising his ambition of making India a global hub for textile manufacturing and exports.
Integrated value chain
“These Parks will offer an opportunity to create an integrated textiles value chain right from spinning, weaving, processing/dyeing and printing to garment manufacturing at a single location,” PM Modi said.
The world-class industrial infrastructure would attract cutting-edge technology and boost FDI and local investment in the sector, he added.
The scheme is in sync with the Prime Minister’s vision of building an Atmanirbhar Bharat and aims at positioning India firmly on the global textiles map. It also envisages helping India achieve the United Nations’ Sustainable Development Goal 9 – ‘Build resilient infrastructure, promote sustainable industrialisation and foster innovation’.
Evaluation criteria
Union Minister Piyush Goyal said seven PM MITRA Park sites in Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat, Madhya Pradesh and Uttar Pradesh were selected out of 18 proposals from 13 states.
Eligible states and sites were evaluated using a transparent Challenge Method based on objective criteria taking into account a variety of factors such as connectivity, existing ecosystem, textile/ industry policy, infrastructure, utility services etc.
The Ministry of Textiles will oversee the execution of these projects. A Special Purpose Vehicle (SPV) owned by Centre and the state Government will be set up for each park to oversee the project’s implementation. The Ministry of Textiles will provide financial support in the form of Development Capital Support up to Rs 500 crore per park.
Speedy implementation
A Competitive Incentive Support (CIS) up to ₹ 300 crore per park to the units in PM MITRA Park shall also be provided to incentivise speedy implementation. Convergence with other central government schemes shall also be facilitated in order to ensure additional incentives to the Master Developer and investor units.
State governments will provide a contiguous and encumbrance-free land parcel of at least 1,000 acres of land and will also facilitate the provision of all utilities – reliable power supply and water availability and waste water disposal system, an effective single-window clearance as well as a conducive and stable industrial/ textile policy.
The parks will offer excellent infrastructure, plug-and-play facilities as well as training and research facilities for the industry.
Textile export target
PM MITRA Parks represent a unique model where the Centre and state governments will work together to increase investment, promote innovation, create job opportunities and ultimately make India a global hub for textile manufacturing and exports. The PM MITRA scheme will also help the country achieve the target of $100 billion worth of textile exports from India by 2030.
The initiative has received widespread support from leaders of the textile industry in India as well as foreign buyers.
“The parks will bring much needed boost to scale and integrated manufacturing infrastructure. Global buyers are now looking for large, integrated and compliant facilities to bring more business to India as apparel sourcing diversification strategy,” said a spokesperson of the Textile Association (India).
