The consultation forms part of an ongoing series of market-sounding engagements aimed at building a robust, market-aligned framework to ensure timely and effective implementation of the PM MITRA scheme, the Ministry of Commerce and Industry said in a press release.
The meet focused on engaging prospective master developers for three greenfield PM MITRA Parks proposed under the PPP/DBFOT model. These include the Lucknow park in Uttar Pradesh spread over 1,000 acres with strong multi-modal connectivity, the Kalaburagi park in Karnataka covering 1,000 acres with proximity to NH50 and key regional hubs, and the Navsari park in Gujarat spanning 1,142 acres with strategic access to ports, road, rail and airport infrastructure.
Addressing stakeholders, Neelam Shami Rao, Secretary, Ministry of Textiles, encouraged active industry participation and shared suggestions to strengthen collaboration for successful development and implementation. Additional Secretary Rohit Kansal highlighted PM MITRA as a transformational initiative, noting that the parks are being developed as integrated textile ecosystems of at least 1,000 acres each. He said Detailed Project Reports worth about ₹5,567 crore (~$6.18 billion) have already been finalised for the three states under the PPP mode.
Rajat Kumar Saini, NICDC CEO and managing director, outlined the scheme’s 5F vision and pointed to strong industry response, with investor interest exceeding ₹20,054 crore (~$22.25 billion) across the three states, led mainly by the composite textile segment. He emphasised the government’s focus on globally competitive infrastructure, including plug-and-play facilities, testing laboratories, single-window clearances, integrated logistics, social infrastructure and reliable grid-connected clean power, enabling end-to-end value chain integration.
The consultation saw participation from domestic and international master developers and industry stakeholders. Discussions covered utilities planning, Common Effluent Treatment Plant (CETP) and Zero Liquid Discharge (ZLD) integration, modular plot development, and creating an ecosystem supportive of both MSMEs and large anchor units. Participants expressed confidence in the PM MITRA framework and optimism about its implementation, added the release.
Seven PM MITRA Parks have been announced across Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh and Maharashtra. Inspired by the Prime Minister’s 5F vision, the parks are expected to attract nearly ₹70,000 crore (~$77.66 billion) in investments, generate around 10 lakh jobs per park, reduce logistics costs, boost FDI and strengthen India’s global competitiveness in textiles.
ALCHEMPro News Desk (SG)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
