Home / Knowledge / News / Textiles / Govt launches incubation cell to support export startups
Govt launches incubation cell to support export startups
19
Jul '16
Courtesy: PIB
Courtesy: PIB
In line with the government's policy of encouraging entrepreneurial spirit among the youth, the Union Minister of MSME Kalraj Mishra today inaugurated the Incubation Cell at the Indian Institute of Foreign Trade (IIFT) designed to provide export start-ups with necessary hand holding support for expanding their existing domestic business into foreign markets.

Called “KITTES (Knowledge for Innovation in Trade & Technology for Entrepreneurial Start-ups), the incubation cell is an initiative dedicated to startups in the domain of international business.

Run by the Centre of MSME Studies at IIFT (Delhi), the aim of KITTES is to provide guidance and technical support for MSME start-ups right from ideation stage to their internationalization towards taking a final leap into foreign markets, an official release said.

The Incubation cell will be supported by an advisory body consisting of industrialists, venture capitalists, technical specialists and managers to help entrepreneurs realize their dreams through a range of infrastructure, business advisory, mentoring and financial services.

IIFT will facilitate mobilising of loans for export purpose, build awareness on export financing and insurance schemes and export promotion measures, it said. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Trinity Kubassek from Pexels

Textiles | On 19th Aug 2018

Australian wool production to fall 5.7% in 2018-19

Shorn wool production in Australia is likely to fall by 5.7 per cent...

Courtesy: Next Level Apparel

Apparel/Garments | On 19th Aug 2018

Blue Point Capital recapitalises Next Level Apparel

Blue Point Capital Partners has recapitalised Next Level Apparel, a...

Retailers approaching 100% inventory accuracy: Study

Apparel/Garments | On 19th Aug 2018

Retailers approaching 100% inventory accuracy: Study

With computer vision use cases maturing, Artificial Intelligence (AI) ...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Sham Shah

Shamal and Shamal Pvt Ltd is into manufacturing and sales of textile...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


August 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search