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PM MITRA parks
October 9 , 2021
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- 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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