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Wish to support Apparel Entrepreneurs,this scheme from Central Government can help

The textile industry is the second largest employer in the country and plays an important role in economic growth and development. The industry contributes to 14% of million the total manufacturing output. The Indian apparel  is estimated to be $45 billion and it is expected to grow up to $200 billion by 2025.

Objective:

  • To create an integrated workspace for Apparel Manufacturing Incubator.
  • Promote entrepreneurship in apparel manufacturing.
  • Create additional manufacturing capacity.
  • Generate additional employment opportunity.

Eligibility:

Eligible Incubator-

  • Degree/ Diploma holders of any discipline related to textile, apparel, fashion design
  • First generation entrepreneurs
  • Designpreneurs

Project Implementing Agency-

  • State Industrial Development Corporations
  • Industry Associates or groups of Entrepreneurs.

Benefits:

For Textile Incubators-

  • Training support for 200 workers per incubatee.
  • Training on Entrepreneurship Development to the incubatee for 1 month.
  • Training on Product Design and Development services to the incubatee.
  • Market Linkages through exposure visits by participation.
  • The assistance provided by Ministry to support the capacity building.
  • 100 stitching machines with ancillary machinery per incubatee.

Implementing Agency:

  • Financial Assistance for Project on making of Incubators.
Component Grant Assistance
Component I 100% grant – in – aid will be provided towards infrastructure support not exceeding Rs 4 cr per incubatee and Rs. 12 cr per Incubation Centre.
Component II I00% grant -in-aid towards Capacity Building Services and Linkages @ Rs 3l lacs (maximum) per incubate.

 

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