Madhya Pradesh
PM Mitra Textile Park in MP
- 26 Apr 2025
- 3 min read
Why in News?
India's first integrated textile park will be established in Dhar district of Madhya Pradesh under PM MITRA Yojana.
Key Points
- About Textile Park:
- The total cost of the park is Rs. 2100 crore and it will be developed at Bhainsola village in Dhar district .
- The park will be equipped with state-of-the-art facilities like a 20 MLD water plant based on Zero Liquid Discharge (ZLD) technology, a solar energy-based power plant, “plug and play” factory units , and residential complex for workers .
- It aims to create an integrated textile system with all the activities like spinning, weaving, processing, dyeing, garmenting etc. taking place within the same premises.
- All construction work is targeted to be completed in 14 months , making it the fastest developing textile park in India.
- So far, investment proposals worth Rs 10,000 crore have been received under this project .
- This will create employment opportunities for lakhs of youth and strengthen the economy of the state .
- This will give impetus to Make in India, Vocal for Local and Self-reliant India campaigns.
PM Mitra Yojana
- Introduction:
- The PM Mega Integrated Textile Region and Apparel Park (MITRA) scheme was launched by the Ministry of Textiles in the year 2021 to strengthen the Indian textile industry .
- 'PM Mitra' Park will be developed in Public Private Partnership (PPP) mode through a Special Purpose Vehicle (SPV) owned by the Central and State Governments.
- Each 'Mitra' park will have an incubation centre, common processing house and a common effluent treatment plant and other textile related facilities like design centre and testing centre.
- An incubation centre is an organisation that helps entrepreneurs develop their businesses and solve problems, especially in the early stages, by providing a range of business and technical services, initial seed funding, laboratory facilities, mentors, networks and linkages.
- This 'Special Purpose Vehicle'/Master Developer will not only develop the industrial park but also maintain it during the concession period.
- Financing:
- Under the scheme, the Central Government will provide development capital support of Rs 500 crore for each Greenfield 'Mitra' park and Rs 200 crore for each Brownfield park for development of common infrastructure .
- Greenfield refers to a completely new project that is to be started from scratch, while a brownfield project is one on which work has already been started.