About GREAT Scheme:
- It was launched in August 2023 with the aim to develop the Startup Ecosystem in Technical Textiles in India.
- It has evolved under the Research, Development, and Innovation Component of National Technical Textiles Mission (NTTM).
- It encourages young innovators, scientists/technologists, and startup ventures in the field of Technical Textiles to translate their ideas into commercial technologies/products and make India self-reliant.
- It supports individual entrepreneurs or start-ups for functional prototypes or commercialization of their technologies for Technical Textile.
- It supports innovations under application areas in all segments of Technical Textiles such as Agro-textiles, Building-textiles, Cloth-textiles, Geotextiles, Home-textiles, Industrial-textiles, Medical-textiles, Mobile-textiles, Oeko-textiles, Packaging- textiles, Protective-textiles, Sports-textiles, etc.
- Funding: A grant-in-aid of up to Rs 50 lakh for up to a period of 18 months will be provided.
National Technical Textiles Mission:
- It was launched to increase the penetration level of technical textiles in India while leveraging the extraordinary growth rate of the sector.
- The mission aims to position India as a global leader in Technical Textiles.
- Components:
- Research, Innovation and Development
- Promotion and Market Development
- Export Promotion
- Education, Training, Skill Development
- Nodal Ministry: Ministry of Textiles
