PM MITRA Park will be located in village Bhensola (Dhar district), Madhya Pradesh.
- It is one of the seven PM MITRA Parks approved for development under the PM MITRA (Mega Integrated Textile Region and Apparel) Scheme (Refer to map).
About PM MITRA Scheme
- Objective: To strengthen the Indian textile industry by enabling scale of operations, reduce logistics cost by housing the entire value chain at one location, attract investment, augment export potential etc.
- The scheme is inspired by the 5F vision (i.e. Farm to Fibre to Factory to Fashion to Foreign) of the Prime Minister.
- Ministry: Ministry of Textiles (MoT)
- Total Outlay: ₹4,445 crore over a period of 7 years, up to 2027–28.
- Financial Assistance: The MoT will provide financial assistance up to Rs 800 crores per park for Greenfield projects and up to Rs 500 crores per park for Brownfield projects.
- Eligibility: It will be set up on the basis of proposals received from State Governments having ready availability of contiguous and encumbrance-free land parcel of minimum 1000 acres.
- Implementation: By Special Purpose Vehicle (SPV) which will be jointly owned by State and Central government.
- Project Monitoring: MoT through a Project Management Agency providing technical & implementation support.