{"id":163842,"date":"2025-04-28T19:29:02","date_gmt":"2025-04-28T13:59:02","guid":{"rendered":"https:\/\/pwonlyias.com\/stage\/?post_type=current-affairs&p=163842"},"modified":"2025-04-28T19:29:02","modified_gmt":"2025-04-28T13:59:02","slug":"pm-mitra-textile-park-project","status":"publish","type":"current-affairs","link":"https:\/\/pwonlyias.com\/stage\/current-affairs\/pm-mitra-textile-park-project","title":{"rendered":"PM MITRA Textile Park Project"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Madhya Pradesh has received formal <\/span><span style=\"font-weight: 400;\">approval for the \u20b92,100 crore<\/span> <b>PM MITRA textile park project<\/b><span style=\"font-weight: 400;\"> in Bhainsola village,<\/span><b> Dhar district<\/b><span style=\"font-weight: 400;\">, aiming to revolutionize the state&#8217;s textile industry.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<h2><span style=\"font-size: 18pt;\"><b>More on the Textile Park<\/b><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The PM MITRA Park in Madhya Pradesh will <\/span><span style=\"font-weight: 400;\">span an <\/span><b>area of\u00a0 2,100 acres<\/b><span style=\"font-weight: 400;\"> and is expected to attract massive investments and generate significant employment opportunities.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The<\/span> <b>project site in Dhar district<\/b> <span style=\"font-weight: 400;\">is\u00a0 strategically near Indore,<\/span><b> Pithampur industrial cluster,<\/b><span style=\"font-weight: 400;\"> and the <\/span><b>Delhi-Mumbai Expressway.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It will include advanced infrastructure like a<\/span><b> 20 MLD Zero Liquid Discharge (ZLD) <\/b><span style=\"font-weight: 400;\">plant, a<\/span><b> solar-powered energy facility<\/b><span style=\"font-weight: 400;\">, and <\/span><b>plug-and-play units.<\/b><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-size: 18pt;\"><b>About PM MITRA Scheme<\/b><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The <\/span><b>PM MITRA (Mega Integrated Textile Region and Apparel) Scheme<\/b><span style=\"font-weight: 400;\"> aims <\/span><b>to transform India into a global textile manufacturing <\/b><span style=\"font-weight: 400;\">and export powerhouse.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Origin:<\/b><span style=\"font-weight: 400;\"> The scheme is inspired by<\/span><b> Prime Minister Narendra Modi\u2019s 5F vision<\/b><span style=\"font-weight: 400;\">: Farm to Fiber to Factory to Fashion to Foreign.<\/span><\/li>\n<li><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-163825 alignright\" src=\"https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2025\/04\/281-680f8248e9170.webp\" alt=\"Textile Park Project\" width=\"400\" height=\"474\" srcset=\"https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2025\/04\/281-680f8248e9170.webp 608w, https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2025\/04\/281-680f8248e9170-253x300.webp 253w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><b>Time Period: <\/b><span style=\"font-weight: 400;\">2021-22 to 2027-28<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Objective:<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">To develop world-class textile infrastructure;\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">reduce logistics costs;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">enhance the competitiveness of the Indian textile industry.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><span style=\"font-size: 18pt;\"><b>About PM MITRA Textile Park Project<\/b><\/span><\/h2>\n<ul>\n<li><span style=\"font-weight: 400;\">PM MITRA Parks will establish <\/span><b>integrated textile value chains at a single location<\/b><span style=\"font-weight: 400;\">, covering all processes from spinning to garment manufacturing.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">MITRA parks can be either<\/span><b> Greenfield or Brownfield.<\/b><\/li>\n<li><b>Components:<\/b><span style=\"font-weight: 400;\"> Each park will feature core infrastructure like an <\/span><b>incubation center, developed factory sites, roads, power, water systems, <\/b><span style=\"font-weight: 400;\">and <\/span><b>common processing facilities.<\/b>\n<ul>\n<li><span style=\"font-weight: 400;\">Parks will also include<\/span><b> worker residential complexes <\/b><span style=\"font-weight: 400;\">and <\/span><b>offer green energy solutions like solar power units<\/b><\/li>\n<\/ul>\n<\/li>\n<li><b>Approved Parks: Seven PM MITRA Textile Parks <\/b><span style=\"font-weight: 400;\">have been approved in Bhainsola, <\/span><b>Dhar (Madhya Pradesh)<\/b><span style=\"font-weight: 400;\">, <\/span><b>Virudhunagar (Tamil Nadu)<\/b><span style=\"font-weight: 400;\">, <\/span><b>Amravati (Maharashtra),<\/b> <b>Navsari (Gujarat)<\/b><span style=\"font-weight: 400;\">, <\/span><b>Lucknow-Hardoi region (Uttar Pradesh)<\/b><span style=\"font-weight: 400;\">,<\/span><b> Warangal (Telangana)<\/b><span style=\"font-weight: 400;\">, and <\/span><b>Kalaburagi (Karnataka)<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li><b>Execution<\/b><span style=\"font-weight: 400;\">: A<\/span><b> Special Purpose Vehicle (SPV)<\/b><span style=\"font-weight: 400;\"> jointly owned by the<\/span><b> Centre and State Governments <\/b><span style=\"font-weight: 400;\">will <\/span><b>oversee project execution.<\/b>\n<ul>\n<li><span style=\"font-weight: 400;\">SPV is a <\/span><b>separate legal entity created by a company, government, or group of investors<\/b><span style=\"font-weight: 400;\"> to <\/span><b>isolate financial risk or manage a specific project.<\/b><\/li>\n<\/ul>\n<\/li>\n<li aria-level=\"1\"><b>It has its own assets, liabilities, and legal status, and is often used for large projects like infrastructure development, asset securitization, or investment purposes.<\/b><\/li>\n<\/ul>\n<div class=\"vc_table_green\"><\/p>\n<table style=\"width: 99.5978%;\">\n<tbody>\n<tr>\n<th style=\"width: 100%; border-style: solid; border-color: #000000; background-color: rgba(184, 165, 217, 0.53); text-align: left; vertical-align: middle;\">\n<h3><span style=\"font-size: 16pt; color: #000000;\"><b>PWOnlyIAS Extra Edge<\/b><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>Greenfield Sites: <\/b><span style=\"font-weight: 400;\">These are new, independent sites where the entire infrastructure will be built from scratch.<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>Brownfield Sites<\/b><span style=\"font-weight: 400;\">: These are sites that already have some existing infrastructure, like industrial trunk infrastructure, and the PM MITRA scheme aims to complete the development of these sites<\/span><\/span><\/li>\n<\/ul>\n<\/th>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/div>\n<ul>\n<li><b>Financial Support Under PM MITRA<\/b>\n<ul>\n<li><span style=\"font-weight: 400;\">The Ministry of Textiles will offer Development Capital Support (DCS) of <\/span><b>up to \u20b9800 crore for Greenfield parks<\/b><span style=\"font-weight: 400;\"> and up to <\/span><b>\u20b9500 crore for Brownfield parks.<\/b><\/li>\n<li><span style=\"font-weight: 400;\">A<\/span><b> Competitive Incentive Support (CIS)<\/b><span style=\"font-weight: 400;\"> of up to <\/span><b>\u20b9300 crore per park<\/b><span style=\"font-weight: 400;\"> will promote early operationalization and scaling up.<\/span><\/li>\n<\/ul>\n<\/li>\n<li><b>Commercial Development (CD)<\/b><span style=\"font-weight: 400;\"> on <\/span><b>up to 10% of park areas<\/b><span style=\"font-weight: 400;\"> will be allowed to support financial viability and asset maintenance.<\/span><\/li>\n<li aria-level=\"1\"><b>Significance:<\/b><span style=\"font-weight: 400;\">MITRA Parks will reduce <\/span><b>production costs, speed up manufacturing<\/b><span style=\"font-weight: 400;\">, and position India as a strong player in the global textile market.<\/span><\/li>\n<\/ul>\n<div class=\"vc_table_green\"><\/p>\n<table style=\"width: 99.698%;\">\n<tbody>\n<tr>\n<th style=\"width: 100%; border-style: solid; border-color: #000000; background-color: rgba(184, 165, 217, 0.53); text-align: left; vertical-align: middle;\">\n<h2><span style=\"font-size: 18pt; color: #000000;\"><b>Status of Indian Textile Industry<\/b><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>Economic Contribution:<\/b><span style=\"font-weight: 400;\"> The textile and apparel sector contributes<\/span><b> 2.3% to India&#8217;s GDP, 13% to industrial production<\/b><span style=\"font-weight: 400;\">, and <\/span><b>12% to the country&#8217;s total exports.<\/b><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>Export Performance<\/b><span style=\"font-weight: 400;\">: India exported textile goods worth <\/span><b>US$ 34.4 billion in 2023\u201324<\/b><span style=\"font-weight: 400;\">, with apparel accounting for 42%, raw\/semi-finished materials 34%, and non-apparel finished goods 30%.<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>Employment Generation:<\/b><span style=\"font-weight: 400;\"> The industry directly <\/span><b>employs over 45 million people<\/b><span style=\"font-weight: 400;\">, including a significant number of women and rural workers, making it the second-largest employer after agriculture.<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>Alignment with Government Initiatives:<\/b><span style=\"font-weight: 400;\"> The sector supports <\/span><b>Make in India, Skill India, Women&#8217;s Empowerment, Rural Youth Employment,<\/b><span style=\"font-weight: 400;\"> and promotes inclusive growth through<\/span><b> MSME-driven manufacturing.<\/b><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>Growth Prospects:<\/b><span style=\"font-weight: 400;\"> With annual garment production of 22,000 million pieces, the market is projected to grow from <\/span><b>US$ 174 billion to US$ 350 billion by 2030.<\/b><\/span><\/li>\n<\/ul>\n<\/th>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/div>\n<div class=\"vc_table_green\"><\/p>\n<table style=\"width: 99.6375%;\">\n<tbody>\n<tr>\n<td 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industry.<\/p>\n","protected":false},"author":11,"featured_media":163830,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"tags":[],"paper-wise":[2089],"subject":[2100],"acf":[],"_links":{"self":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/current-affairs\/163842"}],"collection":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/current-affairs"}],"about":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/types\/current-affairs"}],"author":[{"embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/comments?post=163842"}],"version-history":[{"count":0,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/current-affairs\/163842\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/media\/163830"}],"wp:attachment":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/media?parent=163842"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/tags?post=163842"},{"taxonomy":"paper-wise","embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/paper-wise?post=163842"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/subject?post=163842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}