Ministry Approves 2 Textile Startups With a Grant of ~ ₹50 Lakhs Each

The Ministry of Textiles has approved two start-ups in the field of Technical Textiles under the National Technical Textiles Mission (NTTM). These start-ups have received a grant of approximately INR 50 lakhs each under the 'Grant for Research & Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT)' scheme.

The names of the two start-ups approved for their innovative projects in Sustainable Textiles and Medical Textiles are not explicitly mentioned in the available information from the Ministry, as of yet. However, the approved Start-Up projects are focused on key strategic areas of Sustainable Textiles and Medical Textiles.

Focus Areas:

• Sustainable Textiles: Innovations aimepd at creating eco-friendly textile solutions.
• Medical Textiles: Development of textiles for medical applications.

Additionally, the committee has approved grants to six education institutes, including IITs, to introduce courses in Technical Textiles. These institutes will offer new B.Tech courses in various fields such as Medical Textiles, Mobile Textiles, Geotextiles, and Geosynthetic.

The committee has approved a grant of approx. INR 14 Cr. to these six education institutes to introduce courses in Technical Textiles under the ‘General Guidelines for Enabling of Academic Institutes in Technical Textiles’.

Advertisements