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PM MITRA
PM MITRA Parks launched in Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh and Maharashtra.
Investment to the tune of ₹2119 crore approximately made so far under PLI Scheme.
126 research proposals valuing ₹371 crore approved under National Technical Textile Mission (NTTM) for speciality fibre and technical textile.
The government has launched PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks Scheme to develop world class infrastructure including plug and play facility with an outlay of ₹4,445 crore for a period up to 2027-28. PM MITRA Parks Scheme are inspired by the 5F vision of Prime Minister—Farm to Fibre to Factory to Fashion to Foreign. Nearly ₹70,000 crore investment and 20 lakhs employment generation is envisaged. Parks will offer an opportunity to create an integrated textiles value chain right from spinning, weaving, processing/dyeing and printing to garment manufacturing at a single location. World-class industrial infrastructure would attract cutting edge technology and boost FDI and local investment in the sector. Centre and states to form SPVs for setting up PM MITRA Parks. These parks will be developed in PPP mode.
PLI Scheme
The government has approved the Production Linked Incentive (PLI) Scheme for textiles with an approved outlay of ₹10,683 crore over a five-year period to promote production of MMF apparel, MMF fabrics and products of technical textiles in the country to enable textile sector to achieve size and scale and to become competitive. The Scheme has two parts: Part-1 envisages a minimum investment of ₹300 crore and minimum turnover of ₹600 crore per company and Part-2 envisages a minimum investment of ₹100 crore and minimum turnover of ₹200 crore per company There will be two years of gestation period under the Scheme (FY 2022-23 and FY 2023-24). The incentive will be provided to the companies under the scheme on achieving the threshold investment and threshold turnover and thereafter incremental turnover. 64 applicants were selected under the Scheme. In the approved 64 applications, the total proposed investment would be ₹19,798 crore, projected turnover would be ₹1,93,926 crore and proposed employment generation would be 2,45,362. As per Quarterly Review Reports (QRRs) as on 30.09.2023, the eligible investment made under the Scheme was ₹2,119 crore of 30 selected applicants, out of which 12 selected applicants started commercial production, turnover achieved was ₹520 crore including export of ₹81 crore and employment generated was 8,214.
Ministry of Textiles has reopened the PLI portal for inviting fresh applications from interested companies under the scheme up to December 31, 2023
National Technical Textile Mission (NTTM)
The government has launched a National Technical Textiles Mission (NTTM) with an outlay of ₹1,480 crore. The key pillars of NTTM include ‘Research Innovation & Development’, ‘Promotion and Market Development’, ‘Education, Training and Skilling’ and ‘Export Promotion’. The focus of the Mission is for developing usage of technical textiles in various flagship missions, programmes of the country including strategic sectors. The mission got its extension until March 31, 2026, with a subsequent sunset clause applicable until March 31, 2028. Achievement as on date is 126 projects of value ₹371 crore have been approved in the category of Specialty fibres and technical textiles. Guidelines to support indigenous development of high-end machinery, equipment, tools and testing equipment for technical textiles in India and establish indigenous platform for domestic design, development and manufacturing has been launched. Guidelines to support startups and young scientists in the application areas of technical textiles have been approved in Empowered Programme Committee (EPC). To ensure quality for both domestic consumption as well as imports, 87 items were identified to be brought under Technical Regulation/Quality Control Order (QCOs). The ministry has issued Quality Control Order (QCOs) for 19 items of geo-tech textiles, 12 items of protective textiles items, 20 items of agro textiles and 06 items of meditech textiles. More than 100 BIS standards have been developed since inception of NTTM. The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) [now MATEXIL] has been assigned the role of the Export Promotion Council for promotion of technical textiles. About 26 such proposals worth ₹151 crore are approved under the ibid guidelines for up gradation of lab facilities and training of faculty towards developing eco-system in technical textiles.
Amended Technology Upgradation Fund Scheme (ATUFS)
Under ATUFS, ratio of MSME: Non MSME is 89:11, while under previous versions of TUFS it was 30:70. Higher incentives of 15 per cent (₹30 crore) for entities for employment potential segments viz. technical textiles and garment/made ups. Employment support to more than 17 lakhs (3.9 lakh new and 13.4 lakhs existing) over seven years. Out of total 3.9 lakhs new employment generated, 1.12 lakh (29 pr cent) are women.
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Fibre2Fashion News Desk (KD)
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