NEWS BRIEFS PM MITRA Parks (Contd..) World-class industrial infrastructure would attract cutting age technology and boost FDI and local investment in the sector. PM MITRA will offer an opportunity to create an integrated textiles value chain right from spinning, weaving, processing/ dyeing and printing to garment manufacturing at 1 location. Integrated Textile Value chain at 1 location will reduce logistics cost of Industry. Intended to generate ~1 lakh direct and 2 lakh indirect employment per park. Several states such as Tamil Nadu, Punjab, Odisha, Andhra Pradesh, Gujarat, Rajasthan, Assam, Karnataka, Madhya Pradesh and Telangana have expressed interest. Sites for PM MITRA will be selected by a Challenge Method based on objective criteria With a view to realise the vision of Prime Minister Shri Narendra Modi of building an Aatmanirbhar Bharat and to position India strongly on the Glo- bal textiles map, the Government has approved the setting up of 7 PM MITRA parks as announced in Union Budget for 2021-22. PM MITRA is inspired by the 5F vi- sion of Prime Minister. The '5F' For- mula encompasses - Farm to fibre; fibre to factory; factory to fashion; fashion to foreign. This integrated vi- sion will help furthering the growth of textile sector in the economy. No other competing nation has a complete tex- tile ecosystem like us. India is strong in all five Fs.Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Govt. of India, giving details of the new scheme of seven MITRA Parks. To watch him on your mobile device, just scan the adjoining QR Code. Greenfield PM MITRA and a maxi- mum of Rs. 200 Crore to Brownfield PM MITRA will be provided for devel- opment of Common Infrastructure (@30% of the Project Cost) and Rs. 300 Crore of Competitiveness Incen- tive Support (CIS) will also be provided to each PM MITRA park for early es- tablishment of textiles manufacturing units in PM MITRA State Government supports will include provision of 1,000 Acre land for development of a world class industrial estate. The 7 Mega Integrated Textile Region and Apparel Parks (PM MITRA) will be setup at Greenfield/Brownfield sites located in different willing States. Pro- posals of State Governments having ready availability of contiguous and encumbrance-free land parcel of 1,000+ acres along with other textiles related facilities & ecosystem are welcome.For a Greenfield PM MITRA park, the GOI Development Capital Support will be 30% of the Project Cost, with a cap of Rs. 500 Cr. For Brownfield sites, after assessment, Development Capi- tal Support @30% of project cost of balance infrastructure and other sup- port facilities to be developed and re- stricted to a limit of Rs. 200 Crore. This is in a form of viability gap fund- ing to make the project attractive for participation of private sector. Maximum Development Capital Sup- port (DCS) of Rs. 500 crore to allThe PM MITRA parks will have fol- lowing: NCM-OCTOBER 2021 84Core Infrastructure: Incubation Cen- tre & Plug & Play facility, Developed Factory Sites, Roads, Power, Water and Waste Water system, Common Processing House & CETP and other related facilities e.g. Design Centre, Testing Centres etc. Support Infrastructure: Workers’ hos- tels & housing, logistics park, ware- housing, medical, training & skill de- velopment facilities PM MITRA will develop 50% Area for pure Manufacturing Activity, 20% area for utilities, and 10% of area for com- mercial development. PM MITRA park will be developed by a Special Pur- pose Vehicle which will be owned by State Government and Government of India in a Public Private Partner- ship (PPP) Mode. The Master Devel- oper will not only develop the Indus- trial Park but also maintain it during the concession period. Selection of this Master Developer will happen based on objective criteria developed jointly by State and Central Govern- ments.