GREAT Scheme

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GREAT Scheme Latest News

Recently, the central government has approved 04 Start-Ups with a grant under the ‘Grant for Research & Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT)’ scheme.

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.

Key facts about the 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 of National Technical Textiles Mission
Research, Innovation and Development
Promotion and Market Development
Export Promotion
Education, Training, Skill Development
Nodal Ministry: Ministry of Textiles

GREAT Scheme FAQs

Q1: What is the outlay of the GREAT scheme?

Ans: 50 Lakh

Q2: What is the GREAT scheme under NTTM?

Ans: It is part of the National Technical Textiles Mission (NTTM). Under the GREAT scheme, grant-in-aid is provided over 18 months.

Q3: What is a technical textile?

Ans: Technical textiles are defined as textile materials and products used primarily for their technical performance and functional properties rather than their aesthetic or decorative characteristics.

Source: PIB