India approves 2 start-ups in technical textiles

07 Dec '24

1 min read

India approves 2 start-ups in technical textiles

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Insights

The ministry of textiles approved two start-ups under the 'GREAT' scheme, each receiving ₹50 lakh (~$5.9 million) for innovation in technical textiles.
The committee also granted ₹14 crore to 6 educational institutes to introduce technical textile courses.
The start-up projects focus on sustainable and medical textiles, while the institutes will offer new B.tech courses.

The ministry of textiles has approved two start-ups under the ‘Grant for Research & Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT)’ scheme during the 9^th Empowered Programme Committee (EPC) meeting held recently. Each start-up will receive a grant of approximately ₹50 lakh (~$5.9 million) to support their innovation and entrepreneurship in the field of technical textiles.

The committee has also approved a grant of approximately ₹14 crore to 6 education institutes to introduce courses in technical textiles under the ‘General Guidelines for Enabling of Academic Institutes in Technical Textiles’, the ministry said in a press release.

The approved start-up projects are focused on key strategic areas of sustainable textiles and medical textiles. The approved education institutes have proposed to introduce new B.tech courses in different fields and applications of technical textiles including medical textiles, mobile textiles, geotextiles, geosynthetics, etc.

Fibre2Fashion News Desk (RR)