Dhirubhai R Shah, Chairman, SRTEPC has applauded the government for approving to set up of the 7 PM MITRA parks. These parks will play will provide a ready-made international quality manufacturing platform in plug and play mode, he added. The government of India recently approved setting up of 7 PM Mega Integrated Textile Region and Apparel (MITRA) Parks across Indi.a First announced in the Union Budget for 2021-22, the proposal aims to realize the government’s vision to build an Aatmanirbhar Bharat and position India strongly on the Global textiles map. The integrated ecosystem will help in further growth of textile segment in the economy in general and the MMF textile sector in particular which is rare globally, added Shah.

The 7 PM MITRA parks will be setup at Greenfield Brownfield sites located in different states. Maximum Development Capital Support (DCS) of Rs 500 crore to all Greenfield PM MITRA and Rs 200 crore to Brownfield PM MITRA will be provided for development of common infrastructure and Rs 300 crore of Competitiveness Incentive Support (CIS) will also be provided to each PM MITRA park for early establishment of textiles manufacturing units in PM MITRA. State government support will include provision of 1,000 acre land for development of a world class industrial estate.

The parks will have facilities such as an incubation centre and plug & play facility, developed factory sites, roads, power, water and waste water system, common processing house & CETP and other related facilities. They will also have workers’ hostels and housing, logistics park, warehousing, medical, training and skill development facilities

According to Shah, the parks will boost production and export of international quality MMF textiles viz., manmade fibre, MMF yarns, MMF fabrics and MMF made-ups, and garments in India. This will also help India to increase market share in overseas markets and position India a one of the textile leaders.