Page 69 - NIS English 16-31 May 2023

Launch of PM MITRA Park Nation

PM MITRA Park inaugurated in UP,
agreement signed

Farm
Foreign To

PM MITRA Parks
will boost Fiber In the program organized for the inauguration of PM
To the 5F MITRA Parks in Lucknow and Hardoi and the signing of
the MoU, it was mentioned as PM MITRA Park of Progress.
vision
This park in Lucknow will be spread over 1,000 acres, in
Fashion To which an investment of Rs 10,000 crore is expected. The
park being developed at Attari village in Malihabad
block of Lucknow district is very well connected to
major cities of the country by road, rail, and air.
To
Factory
n The country's first PM MITRA Park was inaugurated
on 22 March 2023 in the Virudhunagar district of
Tamil Nadu.
n The second PM MITRA Park was inaugurated on 28
Modern infrastructure will be developed for the
March 2023 in Kalaburagi, Karnataka.
textile industry
n
Complete details regarding the PM Mitra Park
The objective of the Pradhan Mantri Mitra (MITRA) scheme is
Scheme can be seen at www.texmin.nic.in.
to develop modern industrial infrastructure on a large scale
for the entire value chain of the textile industry including
the weaving and processing sector. These parks will enable
Rs 4445 crore will be spent on seven
the textile industry to become globally competitive with
PM MITRA parks
increased production, attract large investments, and boost
employment generation. Central Government has announced the
establishment of 7 PM MITRA Parks in Tamil Nadu
(Virudhunagar), Telangana (Warangal), Karnataka
The cost will come down (Kalaburagi), Maharashtra (Amravati), Gujarat
Everything from cutting, weaving, processing, dyeing, and (Navsari), Madhya Pradesh (Dhar), Uttar Pradesh
printing to garment manufacturing will be done in one place (Lucknow/Hardoi) on March 17, 2023. An expenditure
at PM MITRA Park. This will reduce the cost. The textile industry of Rs 4445 crore has been approved for this
and the country's economy will get a new impetus. scheme till 2027-28.

The share of textile and apparel
create an integrated textile value chain in one
exports in India's total exports is more
place. The various utilities will be provided for the
than 12% and the global share is more
parks – reliable power supply, water availability,
than 5%. This industry is a source
wastewater disposal facilities, an effective single
of 4.5 crores of direct and about 10 window drainage system, alongwith a fair and
crores of indirect employment. stable industrial textile policy.
PM MITRA Park is an example of a unique
world-class industrial infrastructure alongwith model where central and state governments will
plug-in facilities, training, and research. Plug and work together to promote new schemes under
play means that electricity, water, roads, and other the guidance of Prime Minister Narendra Modi.
facilities will be developed here in advance. The With this important and historic step, India will
investor can start production directly. become a world-class hub in the field of textile
PM MITRA Park will provide an opportunity to manufacturing and exports in the times to come.

New India Samachar May 16-31, 2023 67