AdvantEDGE INDIA
Embodied in a vibrant tapestry of timeless craftsmanship and pioneering innovation, the Indian Textile Industry stands at the threshold of a resplendent future. Leveraging cutting-edge technology, it shines as a paragon of versatility, encompassing a diverse array of textiles. As a cornerstone of India’s economy and a global trendsetter, the industry is primed for a future defined by:
Continuous innovation and R&D
Sustainable practices and eco-friendly solutions
Digital transformation and technological integration
With its rich heritage and forward-thinking approach, the Indian Textile Industry is poised to weave a remarkable narrative of growth, resilience, and global influence.
Empowering the Textile Industry: A Supportive Policy Ecosystem
Vested by forward-thinking government initiatives, the Indian textile sector is set to spin a remarkable tale of innovation, fortitude, and economic flourishing in the years to come. With the support of proactive policies, the industry is primed to Unleash creative potential, Demonstrate resilience, Drive economic growth etc.
Supportive Policy Ecosystem
Underpinned by government initiatives that propel the industry toward a prosperous and sustainable tomorrow; The Indian textile sector stands ready to weave a narrative of creativity, resilience, and economic vibrancy in the years to come.
Prime Minister Mega Integrated Textile Region and Apparel (PM MITRA) Parks Scheme
Creating an Integrated Textiles Value Chain
7 mega textile parks with an expected investment of USD 10 Bn are being set up with world class infrastructure, plug and play facilities and an integrated ecosystem
Production Linked Incentive (PLI) Scheme
Boosting manufacturing of MMF fabrics, Apparel & Technical Textiles
Production Linked Incentive (PLI) Scheme with approved incentives of INR 10,683 crore (~USD 1 Bn) to promote production of MMF Apparel, MMF Fabrics and Products of Technical Textiles
Samarth
Building Capacity, addressing skill gaps in the textile value chain
The scheme is a demand-driven and placement-oriented program across the textiles value chain. In addition, various States have their own skilling/training support schemes
National Technical Textile Mission
Promoting Technical textiles- towards USD 300 Bn by 2047
National mission to support and promote Research, Innovation & Development, Education Training, Skill development and Market Development in Technical Textiles
