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PM MITRA <br/>
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.
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National Technical Textile Mission (NTTM) <br/>
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).
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Amended Technology Upgradation Fund Scheme (ATUFS) <br/>
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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Discalimer: this information has been collected through secondary research and posted by third party therefor textilemarket. In is not responsible for any errors in the same. '
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