PM MITRA Textile Park Project

Madhya Pradesh has received formal approval for the ₹2,100 crore PM MITRA textile park project in Bhainsola village, Dhar district, aiming to revolutionize the state’s textile industry.

More on the Textile Park

• The PM MITRA Park in Madhya Pradesh will span an area of  2,100 acres and is expected to attract massive investments and generate significant employment opportunities.
• The project site in Dhar district is  strategically near Indore, Pithampur industrial cluster, and the Delhi-Mumbai Expressway.
• It will include advanced infrastructure like a 20 MLD Zero Liquid Discharge (ZLD) plant, a solar-powered energy facility, and plug-and-play units.
  

About PM MITRA Scheme

• The PM MITRA (Mega Integrated Textile Region and Apparel) Scheme aims to transform India into a global textile manufacturing and export powerhouse.
• Origin: The scheme is inspired by Prime Minister Narendra Modi’s 5F vision: Farm to Fiber to Factory to Fashion to Foreign.
• Time Period: 2021-22 to 2027-28
• Objective:
  • To develop world-class textile infrastructure; 
  • reduce logistics costs;
  • enhance the competitiveness of the Indian textile industry.

About PM MITRA Textile Park Project

• PM MITRA Parks will establish integrated textile value chains at a single location, covering all processes from spinning to garment manufacturing.
• MITRA parks can be either Greenfield or Brownfield.
• Components: Each park will feature core infrastructure like an incubation center, developed factory sites, roads, power, water systems, and common processing facilities.
  • Parks will also include worker residential complexes and offer green energy solutions like solar power units
• Approved Parks: Seven PM MITRA Textile Parks have been approved in Bhainsola, Dhar (Madhya Pradesh), Virudhunagar (Tamil Nadu), Amravati (Maharashtra), Navsari (Gujarat), Lucknow-Hardoi region (Uttar Pradesh), Warangal (Telangana), and Kalaburagi (Karnataka).
• Execution: A Special Purpose Vehicle (SPV) jointly owned by the Centre and State Governments will oversee project execution.
  • SPV is a separate legal entity created by a company, government, or group of investors to isolate financial risk or manage a specific project.
• It has its own assets, liabilities, and legal status, and is often used for large projects like infrastructure development, asset securitization, or investment purposes.

• Financial Support Under PM MITRA
  • The Ministry of Textiles will offer Development Capital Support (DCS) of up to ₹800 crore for Greenfield parks and up to ₹500 crore for Brownfield parks.
  • A Competitive Incentive Support (CIS) of up to ₹300 crore per park will promote early operationalization and scaling up.
• Commercial Development (CD) on up to 10% of park areas will be allowed to support financial viability and asset maintenance.
• Significance:MITRA Parks will reduce production costs, speed up manufacturing, and position India as a strong player in the global textile market.