TNPSC Thervupettagam

PM MITRA parks

October 9 , 2021 1118 days 825 0
  • The Centre has approved the setting up of seven new mega textile parks or PM MITRA parks across the country.
  • This is in an effort to help to further the growth of the textile sector in the economy and position India strongly on the Global textiles map.
  • The Mega Integrated Textile Region and Apparel Parks (PM MITRA) will be based on the 5F vision of the Hon’ble Prime Minister.
  • The ‘5F’ Formula consists of Farm to fibre; fibre to factory; factory to fashion; fashion to foreign.
  • These parks will be set up at Greenfield and Brownfield sites in different States.
  • The parks will be owned in a Public-Private Partnership (PPP) Mode.

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