7 Mega Integrated
Textile Region and Apparel (PM MITRA) Parks with a total outlay of Rs. 4,445 crore Notified
·
Centre
to Offer Rs. 500 Crs for
Greenfield Projects, Master Developer to be Selected in Centre-State PPP
·
Envisaged
to help India in achieving the United Nations Sustainable Development Goal 9:
“Build resilient infrastructure, promote sustainable industrialization and
foster innovation”.
·
Inspired
by the 5F vision of Hon’ble Prime Minister - Farm to Fibre
to Factory to Fashion to Foreign
·
World-class
industrial infrastructure would attract cutting age technology and boost FDI
and local investment in the sector
·
PM
MITRA Parks will offer an opportunity to create an integrated textiles value
chain right from spinning, weaving, processing/dyeing and printing to garment
manufacturing at 1 location
·
Integrated
Textile Value chain at 1 location will reduce logistics cost of Industry
·
Intended
to generate Rs.1 lakh direct and2 lakh indirect employment per park
·
Several
states such as Tamil Nadu, Punjab, Odisha, Andhra Pradesh, Gujarat, Rajasthan,
Assam, Karnataka, Madhya Pradesh and Telangana have expressed interest
·
Sites
for PM MITRA Parks will be selected by a Challenge Me
The
Ministry of Textiles has issued the Notification on 21 October 2021 for setting
up of 7 PM MITRA Parks as announced in Union Budget for 2021-22 and approved by
the Central Government. The Notification is available on the Ministry’s web-site: http://texmin.nic.in
The
scheme aims to realise the vision of Hon’ble Prime
Minister Shri Narendra Modi of building an Aatmanirbhar
Bharat and to position India strongly on the Global textiles map.
PM
MITRA Parks is envisaged to help India in achieving
the United Nations Sustainable Development Goal 9 (“Build resilient
infrastructure, promote sustainable industrialization and foster innovation”).
PM
MITRA is inspired by the 5F vision of Hon’ble Prime
Minister. The '5F' Formula encompasses - Farm to fibre;
fibre to factory; factory to fashion; fashion to foreign. This integrated vision will help
furthering the growth of textile sector in the economy. No other competing
nation has a complete textile ecosystem like us. India is strong in all five
Fs.
The
scheme is to develop integrated large scale and modern industrial
infrastructure facility for entire value-chain of the textile industry. It will
reduce logistics costs and improve competitiveness of Indian Textiles. The
scheme will help India in attracting investments, boosting employment
generation and position itself strongly in the global textile
market. These parks are envisaged to be located at sites
which have inherent strength for Textile Industry to flourish and have
necessary linkages to succeed.
The 7 PM Mega Integrated Textile Region and Apparel (PM MITRA)
Parks will be setup at Greenfield / Brownfield sites located in different
willing States. Proposals of State Governments having ready availability of
contiguous and encumbrance-free land parcel of 1,000+ acres along with other
textiles related facilities & ecosystem are welcome.
For
a Greenfield PM MITRA park, the GOI Development Capital Support will be 30% of
the Project Cost, with a cap of ₹500 Cr. For Brownfield sites, after
assessment, Development Capital Support @30% of project cost of balance
infrastructure and other support facilities to be developed and restricted to a
limit of Rs. 200 Crore. State Government supports
will include provision of 1,000 Acre land for
development of a world class industrial estate.
Competitiveness
Incentive Support (CIS) of ₹300 Crore will also be
provided to each PM MITRA park for early establishment of textiles
manufacturing units in PM MITRA Park. Such support is crucial for a new project
under establishment which has not been able to break even
and needs support till it is able to scale up production and be able to
establish its viability.
PM
MITRA Park will be developed by a Special Purpose Vehicle
which will be owned by State Government and Government of India in a
Public Private Partnership (PPP) Mode. The Master Developer will not only
develop the Industrial Park but also maintain it during the concession period. Selection
of this Master Developer will happen based on objective criteria developed
jointly by State and Central Governments.
SPV
in which State Government has majority ownership will be entitled to receive
part of the lease rental from developed industrial sites and will be able to
use that for further expansion of textiles industry in the area by expanding
the PM MITRA Park, providing Skill Development initiatives and other Welfare
measures for workers.
Convergence
with other Central Government and State Government Schemes is available as per
their eligibility under the guidelines of those schemes. This will enhance the
competitiveness of the textiles industry, by helping it in achieving economies
of scale and will create huge job opportunities for millions of people.
Leveraging Economies of Scale, the scheme will help Indian companies to emerge
as Global Champions.
The
detailed Guidelines for the scheme is under preparation, after which the
proposals will be invited from the willing state
governments.