The proposal to set up PM MITRA Park in village Bhensola, Badnawar Tehsil, Dhar district of Madhya Pradesh received formal approval from the Government of India in March, 2023. The program for MoU signing between the Government of India (Ministry of Textiles) and the Government of Madhya Pradesh is taking place in the Dhar district of MP on 21.05.2023. This will be attended by the Union Minister of Textiles, Commerce & Industry and Consumer Affairs, Food & Public Distribution, Shri Piyush Goyal, Chief Minister of MP, Shri Shivraj Singh Chouhan, Union Minister of State for Textiles and Railways, Smt. Darshana Vikram Jardosh, officials of the Ministry of Textiles and State Government. Around 150 investors from across India are expected to attend the event.
This mega park is being set up on 1,563 acres of land in Bhensola village of Dhar district. The entire land parcel is under the possession of MPIDC. This site is located at a distance of 110 km from Indore and 85 km from Pithampur Industrial cluster. It is located at a distance of 50 km from Ratlam and 50 km from Delhi Mumbai expressway. Similarly, the distance from the nearest port, Hazira, is 452 km.
The Park would have common infrastructure like roads, electricity (220 KV, 132 KV, 33 KV), water, Effluent, and other support facilities like plug & play infrastructure, like CETP, workers’ hostel & housing, training & skill development, incubation centres, warehousing, and logistics, etc. Madhya Pradesh Industrial Development Corporation (MPIDC) will apply for Power DISCOM Licence which will enable units to get power at INR 4.50 approx. Water for industrial use will be made available from Mahi Dam at Rs. 25 per KL.
The PM MITRA park will create direct employment for 50000 people and indirect employment for 1.5 lakh people which will directly benefit the entire Malwa region, especially the Dhar, Jhabua, and Ratlam districts. This will be a golden employment opportunity for the tribal youth and females of this region.
Moreover, it will increase the competitiveness of the Indian textile sector and attract leading investors from across the world. PM MITRA Park Bhensola, MP has already attracted more than Rs. 6000 Crore of intentions to invest from prominent textiles and garment groups across India.
Today, Madhya Pradesh has emerged as an attractive market in the field of apparel manufacturing. The number of garment manufacturing units in the state which was 11 in 2003 has now increased to 53.
Usually investments of Rs. 100 crores or more are eligible to claim the customized package in various sectors. Since, the garment sector is labor intensive and employs mainly women workers, the state government has given mega status to garment industries on investment of more than Rs. 25 crores in plant and machinery to give more incentives to the garment units and make them eligible for customized packages.
In an effort to attract large-scale garment industries, the state government has a “Special Readymade Garment Policy”, in which financial assistance of up to 200 percent of their investment is given to the garment units. As a result of this investor-friendly policy, new investment of more than Rs. 3,000 crores has come in the textile sector in the last 2-3 years and new employment opportunities have been created for women, and women empowerment has been promoted.
The Central Government had announced plans to set up seven mega textile parks under the PM Mega Integrated Textile Regions and Apparel (PM MITRA) scheme. In addition to Madhya Pradesh, these parks are being established in Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat, and Uttar Pradesh.
Source – PIB India
