National Conference on PM MITRA Scheme recently held

Highlights:

• A National Conference on PM Mega Integrated Textile Regions and Apparel Park (PM MITRA) Parks Scheme was recently held.

• Officials from 13 State Governments enumerated the contours of the 18 proposals for setting up of PM MITRA Parks in their respective states.
• Each state government showcased its strengths in the textiles sector and detailed the incentives being provided. 
• For example, Special Chief Secretary (Industries) of Andhra Pradesh state explained the facilities being provided by the Industry Policy 2020-23 and AP Industrial Infrastructure Corporation (APIIC).
• Representatives from the industry also shared their suggestions and apprehensions about the PM MITRA scheme.
• 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 one location.
• The scheme is intended to generate around 1 lakh direct and 2 lakh indirect jobs per park.
• Sites for PM MITRA Parks will be selected by a Challenge Method based on objective criteria.
• Proposals of States having ready availability of contiguous and encumbrance-free land parcel of 1,000+ acres along with other textiles related facilities will be welcomed.
• Since, PM MITRA offers the opportunity to create an Integrated Textiles Value Chain at one location, it will reduce logistics cost of Industry and ensure economies of scale.
• The parks will also attract cutting edge technology and boost local & foreign investment in the textiles sector.
• It will also help in achieving the United Nations Sustainable Development Goal (SDG) : “Build resilient infrastructure, promote sustainable industrialization and foster innovation”.
• The PM MITRA scheme is inspired by the 5F vision - Farm to Fibre to Factory to Fashion to Foreign.