PM MITRA Park Inaugurated in Warangal-A Mega Hub for India’s Textile Industry

KEY FEATURES OF PM MITRA PARK

1. Integrated Value Chain:  No need to send materials from one city to another. Everything stays in one zone. This cuts transport time and costs.

2. World-Class Infrastructure:  The park has a clear layout:

• 50% area for pure manufacturing activity

• 20% area for utilities (electricity, water, etc.)

• 10% area for commercial development (shops, offices, etc.)

3. Public–Private Partnership (PPP):  The park is developed by a Special Purpose Vehicle (SPV). The SPV is owned by the State Government and the Government of India together. They work in PPP mode.

CAPITAL AND INCENTIVES

The Ministry of Textiles gives money to set up these parks. The amount depends on the type of park:

• Greenfield projects:  Up to Rs 800 crores per park

• Brownfield projects:  Up to Rs 500 crores per park

What do state governments do? They provide land and improve utility infrastructure like roads, power, and water supply.

FAQ (FREQUENTLY ASKED QUESTIONS)

Q1: Which ministry is the nodal ministry for PM MITRA Parks scheme?
A: The Ministry of Textiles.

Q2: How many PM MITRA Parks are approved under the scheme?
A: Seven parks are approved.

Q3: Name the states where PM MITRA Parks are being set up.
A: Tamil Nadu (Virudhunagar), Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh (Lucknow district), and Maharashtra.

Q4: What is the full form of PM MITRA?
A: Pradhan Mantri Mega Integrated Textile Region and Apparel.

Q5: How much financial assistance does the Ministry of Textiles provide for a Greenfield PM MITRA Park?
A: Up to Rs 800 crores per park.

EXAM-FOCUSED POINTS

• Latest news:  PM MITRA Park inaugurated at  Warangal, Telangana

• Full form:  Pradhan Mantri Mega Integrated Textile Region and Apparel

• Purpose:  Mega textile hub bringing all production steps (spinning, weaving, dyeing, printing, garmenting) in one place

• Types:  Greenfield (new land) and Brownfield (existing site)

• Total approved parks:   7

• States with parks:  Tamil Nadu (Virudhunagar), Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh (Lucknow), Maharashtra

• Nodal ministry:  Ministry of Textiles