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PM MITRA Park Scheme: ₹18,500 Crore Investment to India’s Textile Sector, Check benefits

The PM MITRA Park Scheme, with an investment of ₹18,500 crore, aims to revolutionize India’s textile industry by creating seven integrated textile parks. These parks will enhance exports, create jobs, and attract investments, making India a global textile hub. Learn how this ambitious initiative will shape the future of textiles in India.

By Anthony Lane
Published on
PM MITRA Park Scheme: ₹18,500 Crore Investment to India’s Textile Sector, Check benefits

India’s textile industry is set for a major transformation with the PM Mega Integrated Textile Region and Apparel (PM MITRA) Park Scheme. This ambitious initiative, backed by a ₹18,500 crore investment, aims to establish seven world-class textile parks across the country.

The goal? To create a self-reliant textile sector, enhance exports, generate employment, and strengthen India’s position in global markets.

PM MITRA Park Scheme

FeatureDetails
Scheme NamePM Mega Integrated Textile Region and Apparel (PM MITRA) Park Scheme
Investment₹18,500 Crore
Number of Parks7
Employment Generation~1 lakh direct & 2 lakh indirect jobs per park
Government SupportUp to ₹500 crore for greenfield parks, ₹200 crore for brownfield parks
Targeted Export GrowthExpected to reach $100 billion by 2030
Sustainability FocusWater recycling, zero liquid discharge, energy-efficient tech
Official WebsiteMinistry of Textiles

The PM MITRA Park Scheme is a game-changer for India’s textile sector. With ₹18,500 crore investment, world-class infrastructure, and a focus on sustainability, it will boost exports, generate employment, and position India as a leading textile manufacturing hub.

The initiative is a step towards making India’s textile sector globally competitive, self-reliant, and future-ready.

What is the PM MITRA Park Scheme?

The PM MITRA scheme was launched by the Government of India to establish seven integrated textile parks across various states. These parks will provide state-of-the-art infrastructure, world-class logistics, and a seamless textile value chain.

The scheme is inspired by Prime Minister Narendra Modi’s vision of Aatmanirbhar Bharat (Self-Reliant India) and is expected to attract both foreign direct investment (FDI) and domestic investments in the textile sector.

Why is the Scheme Important?

The Indian textile industry is one of the largest in the world, contributing around 2.3% to GDP and employing 45 million people directly. However, the sector faces fragmentation, high logistics costs, and stiff global competition.

The PM MITRA parks will:

  • Enhance competitiveness by reducing logistics and production costs.
  • Integrate supply chains from fiber to fabric to fashion.
  • Boost exports and improve global market reach.
  • Generate massive employment opportunities in both skilled and unskilled sectors.
  • Promote sustainability with energy-efficient production methods.
  • Attract FDI and large-scale investments to modernize the sector.

Key Features of PM MITRA Parks

1. Integrated Textile Ecosystem

Each park will offer a one-stop solution for the entire textile value chain, including:

  • Spinning, weaving, processing, dyeing, and garment manufacturing
  • Plug-and-play facilities for businesses
  • Common infrastructure such as research centers, testing labs, and training institutes
  • Raw material supply hubs to streamline production

2. World-Class Infrastructure

To attract top investors, the parks will feature:

  • Dedicated power supply and water treatment plants
  • Efficient logistics with road, rail, and port connectivity
  • Smart warehousing and export processing zones
  • Modern IT-enabled facilities for automation and real-time data monitoring

3. Financial Incentives & Support

The government is offering substantial support:

  • Up to ₹500 crore per greenfield park (newly developed parks)
  • ₹200 crore per brownfield park (existing parks with improvements)
  • Competitiveness Incentive Support (CIS) of ₹300 crore per park to encourage early investment
  • Tax benefits and subsidies for companies setting up units

4. Employment Generation

Each park is expected to create:

  • 1 lakh direct jobs
  • 2 lakh indirect jobs
  • Opportunities for MSMEs, startups, and large-scale industries
  • Skill development programs for workers

5. Sustainability Focus

The scheme promotes environmentally friendly manufacturing:

  • Water recycling and zero liquid discharge systems
  • Energy-efficient technology to reduce carbon footprint
  • Use of eco-friendly dyes and organic textiles
  • Adoption of circular economy practices

Which States Will Host PM MITRA Parks?

The parks will be strategically located in:

  1. Tamil Nadu
  2. Madhya Pradesh
  3. Maharashtra
  4. Gujarat
  5. Uttar Pradesh
  6. Karnataka
  7. Telangana

These states were chosen based on connectivity, infrastructure, and existing textile hubs.

How Will This Impact the Textile Industry?

1. Boost to Exports

With improved infrastructure and reduced costs, India’s textile exports could reach $100 billion by 2030.

2. Increased Foreign Investment

Global textile brands and investors are expected to set up manufacturing units, enhancing India’s Make in India initiative.

3. Growth of MSMEs & Startups

The parks will provide an ideal ecosystem for small businesses, enabling them to scale up and integrate into global supply chains.

4. Skill Development & Job Creation

With dedicated training institutes, millions of workers will get skilled in advanced textile technologies.

5. Strengthening India’s Global Position

By modernizing textile production and reducing reliance on imports, India will emerge as a preferred global supplier.

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Frequently Asked Questions (FAQs)

1. What is the purpose of the PM MITRA scheme?

The scheme aims to establish world-class textile parks that offer integrated facilities for the textile sector, reducing production costs and boosting exports.

2. How will the scheme benefit the common man?

It will generate massive employment opportunities, particularly for youth and women, and support small businesses.

3. What financial support is the government providing?

The government is offering ₹500 crore per greenfield park, ₹200 crore per brownfield park, and ₹300 crore as Competitiveness Incentive Support (CIS).

4. Where will the PM MITRA parks be located?

The parks will be in Tamil Nadu, Madhya Pradesh, Maharashtra, Gujarat, Uttar Pradesh, Karnataka, and Telangana.

5. How will this impact India’s textile exports?

With better infrastructure and reduced costs, India’s textile exports are expected to grow significantly, making the country a global textile hub.

Author
Anthony Lane
I’m a finance news writer for UPExcisePortal.in, passionate about simplifying complex economic trends, market updates, and investment strategies for readers. My goal is to provide clear and actionable insights that help you stay informed and make smarter financial decisions. Thank you for reading, and I hope you find my articles valuable!

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