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TECHNICAL TEXTILE STARTUP
Portugal eyes bigger role in India’s infrastructure, manufacturing push as trade ties deepenPortugal's Minister of State for Economy, João Rui Ferreira, expressed readiness to contribute to India's infrastructure goals, highlightin...
Lightness, warmth, promise to build stronger India together mark much-awaited meeting between PM Modi and Gurudev Sri Sri Ravi ShankarThe Art of Living International Center witnessed a historic gathering on Sunday as the Prime Minister Narendra Modi joined Gurudev Sri Sri ...
Beyond wage protest: Bureaucracy, compliance burden strain Noida-Greater Noida MSMEsIndustry stakeholders say legacy bureaucratic systems and entrenched administrative practices are undermining MSMEs’ momentum in the region.
Nandan Nilekani’s Fundamentum leads $15 million bet on materials science startup WhizzoWhizzo has raised $15 million in a round led by Nandan Nilekani’s Fundamentum, with participation from South Korea-based deeptech player LB...
Textile ministry inks pacts with 15 states to strengthen data systemsThe Textiles Ministry has partnered with fifteen states to enhance data systems for the textile sector. This initiative, Tex-RAMPS, aims to...
Lightspeed leads Whizzo's $4.2 million seed fundraiseWhizzo, a materials science company specializing in engineered textiles, raised $4.2 million in seed funding led by Lightspeed. The funds w...
India to soon produce carbon fibre: Giriraj SinghIndia's technical textile exports are set to surpass the $10 billion target by 2030, according to textiles minister Giriraj Singh. The coun...
Carbon fibre will be produced by India in 2025-26: Union Minister Giriraj SinghGiriraj Singh announced that India will start producing carbon fibre by 2025-26, reducing reliance on imports. He highlighted the governmen...
Government announces up to Rs 50 lakh grant for startups to promote technical textilesWith a strong emphasis on developing the startup ecosystem in technical textiles, the guidelines focus on supporting individuals and compan...
India aspires to take technical textiles market to $40 billion in 4-5 years: GoyalTechnical textiles are functional fabrics that have applications across various industries including automobiles, civil engineering and con...
Govt clears 15 R&D textile projects in strategic areasThe 5th Mission Steering Group chaired by Union minister Piyush Goyal on Friday cleared 15 R&D projects worth around Rs 32.25 crore in key ...
Quality control orders for technical textiles likelyThe government is considering quality control orders (QCOs) for 100-odd technical textiles items as the government looks at measures to cut...
Govt to soon release norms to support innovation by startups in technical textiles"We would have an evaluation committee which would decide on approving grant for that, so the grant would be up to Rs 50 lakh, that is what...
Need to fastrack clearance of patents filed by govt-related bodies: Piyush GoyalGoyal also asked them to explore the possibilities of merging Textile Research Associations (TRAs) or fostering partnerships among TRAs eng...
Goods, services exports from India should touch $1 trillion each: Piyush Goyal“We would like both services and goods exports to compete with each other and together reach the $2 trillion mark. The gap is narrowing bet...
Use of geo-textiles may be made mandatory in infrastructure, defenceGovernment is likely to make the use of geo-textiles mandatory in infrastructure as well as in sectors like defence and railways, an offici...
Technical textile may grow 20% annually for next 2 yearsThe country's technical textiles sector, which is currently pegged at $13 billion, is expected to grow at 20 per cent per annum in the next...