New Delhi/Bhubaneswar: In order to position India on the global textiles map, the Centre on Wednesday approved 7 Prime Minister’s Mega Integrated Textile Region and Apparel (PM MITRA) parks. Several states including Odisha have evinced interest in setting up the park.
The PM MITRA parks will be set up with a total outlay of Rs 4,445 crore over a period of 5 years. The mega textile and apparel parks will come up at Greenfield/Brownfield sites in different states. The states having ready availability of more than 1,000 acre land and textiles related facilities will be considered.
The Centre will extend Maximum Development Capital Support (DCS) of Rs 500 crore to Greenfield PM MITRA and Rs 200 crore to Brownfield PM MITRA for development of infrastructure. Besides, Rs 300 crore of Competitiveness Incentive Support (CIS) will be provided to each park for early establishment of textiles manufacturing units.
For a Greenfield PM MITRA park, the Centre’s DCS will be 30% of the project cost, with a cap of Rs 500 crore for Brownfield sites. The Centre will also provide a fund of ₹ 300 crore for each each park to incentivise manufacturing units to get established.
The MITRA parks will have following:
- Core Infrastructure: Incubation Centre & Plug & Play facility, Developed Factory Sites, Roads, Power, Water and Waste Water system, Common Processing House & CETP and other related facilities e.g. Design Centre, Testing Centres etc.
- Support Infrastructure: Workers’ hostels & housing, logistics park, warehousing, medical, training & skill development facilities
The parks will be developed by a Special Purpose Vehicle which will be owned by state government and the Centre in a Public Private Partnership (PPP) mode.