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NTTM Grants INR 50 Lakh to 7 Startups in Technical Textiles

16 June, 20242 min read

The National Textile Technology Mission also known as NTTM Grants INR 50 Lakh each for seven startups in the field of technical textiles.

This grant is allowed by NTTM's under GREAT Scheme and aimed a innovation in the technical textiles industry of India.

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The GREAT Scheme: Empowering Innovation

Under the GREAT scheme, the NTTM has taken a proactive step to support budding entrepreneurs in the technical textiles industry.

By providing substantial grants, the government is encouraging startups to pursue innovative ideas that could revolutionize the field.

Focus Areas of Innovation

Recently the 7 startups approved by NTTM focus in development in some major areas like high performance-textiles, smart textiles, meditech.

Each of these areas presents unique challenges and opportunities for innovation, making them crucial for the advancement of the industry.

Sustainability: A Key Priority

NTTM is a leading ministry of India which focus on the promotion of textile industry in India. So that sustainable growth can achieved.

By supporting startups that focus on sustainability, the mission is driving the industry towards a more environmentally friendly future.

Composites: Enhancing Performance

The use of composites in technical textiles can significantly enhance their performance and durability. Startups working in this area have the potential to create materials that are lighter, stronger, and more versatile than traditional textiles.

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High-Performance Textiles: Meeting Industry Needs

High-performance textiles are in high demand across industries such as aerospace, defense, and sports.

Startups focusing on this area are developing textiles that can withstand extreme conditions while maintaining their integrity and functionality.

Meditech: Revolutionizing Healthcare

The intersection of textiles and healthcare, known as meditech, is an exciting field with vast potential. Startups in this area are developing textiles that can be used in medical devices, wound care, and even wearable health monitors.

Smart Textiles: Integrating Technology

Smart textiles includes all those textiles which comes with some unique features like sensors, electronic components etc..

Startups in this field are creating textiles that can sense and respond to their environment, opening up new possibilities in areas such as wearable technology and smart clothing.

NTTM: A Vision for the Future

Launched in 2020, the NTTM aims to establish India as a global leader in technical textiles.

The mission focuses on promoting research, fostering innovation, and encouraging the widespread application of technical textiles across different industries.

By supporting startups and aspiring innovators, NTTM aims to drive significant advancements in the field of technical textiles.

Conclusion

In short NTTM Grants INR 50 Lakh for 7 Startups in technical textiles marks a significant milestone in the journey towards innovation and growth in this sector.

With a strong focus on sustainability, composites, high-performance textiles, meditech, and smart textiles, these startups are poised to make a lasting impact on the industry.

The NTTM's support for these startups is a testament to the government's commitment to fostering innovation and excellence in technical textiles.


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