HomeInsightNews & UpdateCentre Provides ₹50 Lahks Each to 7 Technical Textile Startups to Boost Innovation

Centre Provides ₹50 Lahks Each to 7 Technical Textile Startups to Boost Innovation

Under the National Technical Textiles Mission (NTTM), the Center has granted funding of INR 50 Lakh each for seven firms in the technical textiles sector in an effort to promote innovation and sustainability.

Under the National Technical Textiles Mission (NTTM), the Center has granted funding of INR 50 Lakh each for seven firms in the technical textiles sector in an effort to promote innovation and sustainability.

Some of the start-ups that were approved by EPC and can go a long way in driving technology-oriented manufacturing in India are ‘developing and manufacturing Braided Composites for Military applications, Radmone Integrated IFF Antenna, Surgical Stimulations models made-up of composites for training doctors, Nano-fibre infused textiles for energy generation and sensing.

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As of date, 8 startup proposals have been approved under NTTM, focusing on sustainability, composites, high-performance textiles, meditech, and smart textiles, driving significant advancements in these crucial areas.

NTTM’s Grant for Research and Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT) encourages young innovators, scientists/technologists, and startup ventures in the field of Technical Textiles to translate their ideas into commercial technologies/products and make India self-reliant. GREAT supports individual entrepreneurs or start-ups for functional prototypes or commercialization of their technologies for Technical Textiles, Rachna Shah, Secretary, Ministry of Textiles said.

IIT Guwahati, a renowned university in the North East, would be better prepared to handle the distinct topographical and environmental conditions of the area by improving its laboratory facilities and growing its capabilities in technical textiles, particularly geotextiles. The institute would become a vital facilitator of NER’s growth thanks to the grant by providing technical advice and other required assistance.

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