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About PM MITRA Scheme:
- Launch: It was announced in the Union Budget 2021–22
- Aim: To strengthen the textile sector and make India a global hub for textile production and exports.
- Integrated Parks: It provides 7 Mega Textile Parks with world-class infrastructure, reducing logistics cost and enhancing competitiveness.
- 5F Vision: It follows the chain Farm → Fibre → Factory → Fashion → Foreign, ensuring value addition at each stage.
- Significance: It aims to boost exports, generate employment, and make India a global textile hub.
Why in News?
- PM Narendra Modi laid the foundation of India’s first PM MITRA Park in Dhar, Madhya Pradesh in September 2025.
