Textile Parks - IAS Academy in Coimbatore
Context: Seven states to get mega textiles parks.
- Prime Minister Narendra Modi recently announced that ‘PM MITRA Mega Textile Parks’ will be set up in Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat, Madhya Pradesh and Uttar Pradesh.
- The scheme was announced in October 2021, and the parks will be set up by 2026-27.
- The total outlay for the project is ₹4,445 crore, though the initial allocation in the 2023-24 Budget is only ₹200 crore.
- State governments have offered to provide at least 1,000 acres of land for free for the parks and will also facilitate the provision of all utilities such as power and water.
- The seven Mega Integrated Textile Region and Apparel (PM MITRA) parks will be set up at Greenfield or Brownfield sites located in different states.
- It is in line with the vision of ‘Atma Nirbhar Bharat’ and to position India strongly on the Global textiles map.
- It will be developed by a Special Purpose Vehicle (SPV), which will be owned by the State Government and the Government of India in a Public-Private Partnership (PPP) Mode.
- It is inspired by the 5F vision of the Prime Minister of India. The ‘5F’ Formula encompasses - farm to fibre; fibre to factory; factory to fashion; fashion to foreign.
Significance of the scheme
- ‘PM MITRA’ textiles parks would provide integrated large-scale and modern industrial infrastructure facilities for the entire value chain of the textile industry.
- The Union government expects the parks to attract investments worth ₹70,000 crores, and generate jobs for 20 lakh people.
- PM MITRA mega textile parks are in line to boost the textiles sector in line with the 5F (Farm to Fibre to Factory to Fashion to Foreign) vision.
- The scheme also supports the government’s policy of ‘Make in India’ and ‘Make for the World’.
- These parks could be shining examples of sustainability, with zero liquid discharge, common effluent treatment, use of emission-free renewable energy and adoption of global best practices.
- The cluster-based approach will enhance the quality and competitiveness of products, boost exports and strengthen India’s position in global supply chains.