PM MITRA parks in UP

  • Ministry of Textiles signed Memorandum of Understanding (MoU) of Integrated Textile Park in 1,000 acres in Lucknow and Hardoi districts of UP.
  • The textile sector is one of the critical sectors of the Indian economy, accounting for more than 2% of the total GDP (Gross Domestic Product) and more than 12 % of the manufacturing sector GDP.
  • The sector is the 2nd largest provider of employment in India, after agriculture.

About the PM MITRA

  • PM Mega Integrated Textile Sector and Apparel (MITRA) scheme aims to develop integrated large scale and modern industrial infrastructure facilities for the entire value-chain of the textile industry.
  • It is inspired by the 5F visione., – Farm to Fibre to Factory to Fashion to Foreign.
  • Special Purpose Vehicle owned by Centre and State Government jointly to be set up for each park which will oversee the implementation of the project.
  • The setting up the 7 PM MITRA Parks was announced in the Union Budget 2021-22.
  • Each MITRA Park will have an incubation centre, common processing house and a common effluent treatment plant and other textile related facilities such as design centres and testing centres.
  • Benefits
    • It reduces logistics cost by housing entire value chain at one location.
    • It will give an impetus to local weavers and a skilled workforce.
    • It will help in achieving the SDG 9 (“Build resilient infrastructure, promote sustainable industrialization and foster innovation”).
  • Other initiatives for promotion of textiles Industry
    • Allowed 100% FDI in the sector under the automatic route.
    • National Technical Textiles Mission.
    • Production Linked Incentive (PLI) Scheme for Textile.
    • SAMARTH Scheme
    • Amended Technology Up-gradation Fund Scheme’ (A-TUFS).
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