PM MITRA Parks Scheme
- Genesis: It is inspired by 5F vision (Farm to Fiber to Factory to Fashion to Foreign) of Prime Minister to propel India into a leading global hub for textile manufacturing and exports.
- Main Objectives:
- Develop integrated large scale and modern industrial infrastructure facility including plug and play facilities for total value chain of the textile industry.
- Reduce logistics costs by housing entire value chain at one location and improve competitiveness of Indian Textiles.
- Help India in attracting investments, boosting employment generation and position itself strongly in the global textile market through augmentation of export potential.
Features of MITRA Parks:
- To enable scale, the minimum estimated area per MITRA Park is 1,000 acres.
- MITRA Parks will offer the opportunity to create an Integrated Textiles Value Chain right from spinning, weaving, processing, and printing to garment manufacturing, accessories making at one location.
- MITRA parks can be either Greenfield or Brownfield.
Approved 7 PM MITRA Parks
- The Government has approved setting up of 7 PM MITRA Parks in Greenfield/Brownfield sites to develop world class infrastructure with an outlay of Rs. 4,445 crore in a period of seven years i.e. up to 2027-28.
