On October 6, 2021 the Union cabinet approved PM-MITRA (Mega Integrated Textile Region and Apparel) scheme which was earlier announced in the union budget 2021-22. PM-MITRA aims at promoting Indian textile industry. It also aims at making the textile industry globally competitive. Under this scheme 7 integrated textiles parks will be established. World class infrastructure with plug and play facilities will be made available thereby boosting the exports and investment. It tends to generate direct employment opportunities for about 7 lakh people and indirect employment opportunities for about 14 lakh people in the country. This scheme will function in public private partnership mode between central and state government. Total outlay of this scheme will be Rs. 4,445 crores over a period of 5 years.
|Scheme Name||PM-MITRA (Mega Integrated Textile Region and Apparel) scheme|
|Scheme By||Central Government|
|Approved By||Union Cabinet|
|Approval Date||October 6, 2021|
|Implementation Under||Textile Ministry of India|
|Beneficiaries||Indian Textile Industry|
|Benefits||Establishment of 7 integrated textile parks, attracting large investment, increase in employment opportunities etc.|
|Major Objective||To boost production and exports of textile industry thereby generating huge employment opportunities.|
|Total Outlay||Rs. 4,445 crores|
Scheme Objectives and Benefits:
- The main objective of the scheme is to establish 7 mega integrated textile parks in the country
- Under this scheme textile sector in the economy is at the core
- It aims at integrating the scattered value chain of textile
- It also aims to attract large investments in the Indian textile industry
- This scheme tends to generate employment opportunities in textile and various allied sectors of the economy
- This scheme will also enable increased productivity and innovation
- In the long run, it will impact increased industrial growth ad development
- PM-MITRA (Mega Integrated Textile Region and Apparel) scheme is approved by the union cabinet on October 6, 2021.
- This scheme was planned and announced by the central government in the union budget 2021-22.
- This scheme will include participation of both central and state government.
- Under tis scheme the government aims to establish 7 integrated textile parks in the country.
- These parks will be set up at greenfield and brownfield sites in willing states.
- For developing required infrastructure, the central government will provide a support of Rs. 500 crores each to greenfield parks and up to Rs. 200 crores each for the brownfield parks.
- 300 crores will also be provided as Competitiveness Incentive Support (CIS) to each PM-MITRA park for early establishment of textile manufacturing units.
- Textile parks established under this scheme will have incubation centre.
- World class infrastructure with plug and play facilities, developed factory sites, roads, powers, design centres, training facilities, support infrastructure, etc., will also be available.
- These parks will enable spinning, weaving, processing, dyeing and printing of garment manufacturing at one place.
- Parks will have 50% area for manufacturing, 20% area for utilities and 10% area for commercial development.
- This scheme aims at increasing FDI and local investment in the textile sector.
- Increased domestic production, reduced imports and increased exports will be the base to boost the textiles industry.
- This scheme will give an opportunity to the domestic manufacturers in the textiles industry to step in the international markets
- Competitiveness in textiles industry will increase and thereby employment opportunities will also be increased.
- It tends to generate direct employment opportunities for about 7 lakh people and indirect employment opportunities for about 14 lakh people in the country.
- Total outlay of the scheme will be Rs. 4,445 crores over a period of five years.