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PM MITRA Parks

PM MITRA Parks

PM MITRA Parks | UPSC Compass | Best IAS Coaching in Haryana

  • Context: The foundation stone of India’s first PM MITRA Park has been laid in Dhar, Madhya Pradesh.
  • Objective:
    • To integrate the entire textile value chain — from spinning, weaving, dyeing, printing to garmenting — in a single ecosystem.
    • Aims to reduce logistic costs and turnaround time, while ensuring quality enhancement and global competitiveness.
  • Significance:
    • Expected to attract FDI and domestic investment in textiles.
    • Will generate large-scale employment and boost India’s ‘Make in India’ & export competitiveness in textiles.
  • Associated Scheme: Part of the Government’s vision to establish 7 PM MITRA Parks across India under the Ministry of Textiles.