The Government has already launched a Technology Mission on Technical Textiles (TMTT) for a period of five years (from 2010-11 to 2014-15) with a fund outlay of Rs. 200 crore. The Scheme has two Mini-Missions. Mini Mission-I is for standardization, creating common testing facilities, indigenous development of prototypes and Resource Centres with I.T infrastructure in eight Centres of Excellence (COE). Mini Mission-II focuses on support for domestic and export market development of Technical Textiles through assistance for business start-ups; contract research; assistance for buyer seller meets and participation in international exhibitions/seminars for Technical Textiles.
In order to increase the share of Indian clothes in the world market and to enhance capacity of man-made fibre , the government has launched various schemes / measures like Technology Upgradation Fund Scheme (TUFS), Scheme for Integrated Textile Parks (SITP) and Common Compliance Code.
To encourage Foreign Direct Investment in Technical Textiles, under the Technology Mission on Technical Textiles (TMTT), empanelled associations/ institutes/ COEs will be eligible for a service fee of 3% of the project cost for FDI projects on successful completion of the projects in Medium, Small and Micro Enterprises sector.
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