Equity

Economy News

Government Boosts Textile Sector with NTTM, PM-MITRA Parks and Startup Schemes to Drive Innovation, Exports and Job Creation
(12-Dec-2025, 15:44 Hours IST)  
The Government is advancing India's textile sector through initiatives like the National Technical Textiles Mission (NTTM) with a ₹1,480 crore outlay, fostering innovation via the GREAT Scheme that funds start-ups up to ₹50 lakh each, alongside 35 promotional events to boost market awareness. Complementary schemes under Startup India and skilling under SAMARTH have strengthened entrepreneurship and trained 5.4 lakh beneficiaries across the textile value chain.

To enhance exports and competitiveness, seven PM MITRA Parks are being developed across key states to create integrated infrastructure and cut logistics costs. Despite a 1.8% dip in exports during April'October 2025, India's textile and apparel exports touched US$ 37.76 billion in FY 2024'25 , reflecting resilience and growth across over 100 international markets , supported by government efforts in diversification and market development.

Powered by Capital Market - Live News

FOR GRIEVANCE MAIL TO invgrieviss@iseindia.com

BSE EQUITIES : INB011077733 | NSE F&O EQUITIES : INF231077737 | NSE CASH MARKET : INB231077737 | NSE CURRENCY DERIVATIVES : INE231077737 | MCX-SX : INE261077737

ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited], a wholly owned subsidiary of Inter-connected Stock Exchange of India Ltd. (ISE)

© 2013 ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited]. All rights reserved.

Designed, developed & powered by C-MOTS Infotech (ISO 9001:2008 certified)