PM MITRA Textile Park
Context:
Recently, the centre approved the setting up of PM MITRA (Mega Integrated Textile Region and Apparel) Park in village Bhensola, Dhar district, Madhya Pradesh, as a part of their plan to strengthen Indiaβs textile sector.
Relevance:
- GS2: Government Policies, Centre-State cooperation
- GS3: Infrastructure development, Industrial policy, MSME growth
- Prelims: Schemes of Ministry of Textiles, key initiatives in textile sector
About:
- India aims to become a global leader in textiles by creating world-class infrastructure that reduces logistics costs, integrates the entire textile value chain, and attracts investment.
- The PM MITRA Parks are a step in this direction.
Quick facts about the PM MITRA Scheme:
- Objective:
- Enable economies of scale.
- Reduce logistics costs.
- Consolidate the entire value chain from Farm β Fibre β Factory β Fashion β Foreign.
- Ministry: Ministry of Textiles (MoT).
- Financial Outlay: βΉ4,445 crore over 7 years (till 2027β28).
- Financial Support:
- βΉ800 crore per Greenfield park.
- βΉ500 crore per Brownfield park.
- Eligibility: Minimum 1000 acres of contiguous, encumbrance-free land.
- Implementation: Through a Special Purpose Vehicle (SPV) jointly owned by Centre and State Governments.
- Project Monitoring: MoT with the support of a Project Management Agency.
Dimensions to explore:
- Textile Sector Reforms: Strengthening production and exports
- Industrial Infrastructure: Greenfield vs Brownfield projects
- State-Centre Collaboration: Joint development model
- 5F Vision: From Farm to Foreign
- Employment Generation: Role in rural and semi-urban areas
Way Forward:
- Ensure time-bound infrastructure development to attract private investors.
- Promote sustainable textiles within the park using green technologies.
- Link PM MITRA Parks with PLI (Production Linked Incentive) Scheme benefits.
- Focus on skill development programs for local populations to create a ready workforce.
Also know:
Bharat-Tex 2025
- Bharat-Tex is a global event that brings together the entire textile value chain from raw materials to finished products, including accessories under one single roof.
- It is the largest and the most comprehensive event of the textile industry, that consists a mega expo spread across two venues, showcasing the entire textile ecosystem.
- The event features policymakers and global CEOs, exhibitors, and international buyers from over 120 countries.
- The event shall also feature a Special Innovation and Start up Pavilions.
- The Bharat-Tex 2025 will have over 25 Leading Global textile bodies and associations from across the world including
- International Textile Manufacturers Federation (ITMF)
- International Cotton Advisory Committee (ICAC)
- EURATEX
- Textile Exchange
- US Fashion Industry AssociationΒ (USFIA)
Prelims Practice Question:
- Consider the following statements regarding the PM MITRA Scheme:
- It is implemented by the Ministry of Commerce and Industry.
- It aims to develop mega textile parks with integrated value chains.
- Special Purpose Vehicles (SPVs) under the scheme are wholly owned by the Central Government.
Which of the above statements is/are correct?
- A) 2 only
- B) 1 and 3 only
- C) 2 and 3 only
- D) 1, 2 and 3
Answer: A
(Explanation: Statement 1 is incorrect β Ministry of Textiles implements it. Statement 3 is incorrect β SPVs are jointly owned by Centre and State.)