Seven mega textile parks are set to come up in seven states in a major boost to the textile sector in the country
The Central Government recently announced the development of mega textile parks in seven States in the country under the PM MITRA scheme. But what is PM MITRA where are these parks going to come up, and what are these parks for? Let’s find out.
Global textile hub
The “PM MITRA mega textile parks’ will be set up in Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat, Madhya Pradesh, and Uttar Pradesh in the first phase. These textile parks aim to revolutionise the textile industry in India, contribute significantly to the country’s economic growth and eventually make the country a global hub for textile manufacturing and exports.
The proposed parks, which will have state-of-the-art infrastructure and an integrated value chain at each location, are expected to attract massive investments and create lakhs of jobs. These seven sites were chosen out of 18 proposals for PM MITRA parks which were received from 13 States. Eligible States and sites were evaluated using the ‘Challenge Method’ based on a set of criteria, including connectivity, existing ecosystem, textile/industry policy, infrastructure, and utility services.
Eco-friendly practices
The government aims to create a complete ecosystem for the textile industry in these parks, from raw material to finished products. The parks will promote sustainable development by incorporating eco-friendly practices in textile production such as use of emission-free renewable energy and adoption of best practices in water conservation and effluent treatment. The parks “represent a unique model where the Centre and State Governments will work together to increase investment, promote innovation and create job opportunities”.
Generate jobs
These parks are envisaged to enhance the competitiveness of the textiles industry and attract global players to manufacture in India. They are also expected to create employment opportunities for over 20 lakh people, attract an estimated Rs. 70,000 crore domestic and foreign investment, and boost exports.
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