NITRA launches incubation centre promoting innovation

NITRA, India’s premier textile research association has launched Focus Incubation Centre, a step towards innovation. Further, NITRA in association with Confederation of Indian Textile Industry is also planning to come out with a competition to identify bright and innovative ideas, and help such ideas be converted into commercial utility.



This is a move to promote innovation and startups in the textile arena by providing the right facilities and support to budding entrepreneurs of the industry, said NITRA chairman Sanjay Kumar Jain.

During the event, Ajay Tamta, minister of textiles, mentioned about the deep impact of textile industry in Indian economy in terms of its significant contribution to the country’s GDP, foreign exchange earnings and employment generation. He asserted that the government has already taken many necessary steps and offered various attractive schemes in order to boost the Indian textile industry with special thrust on technical textiles.

NITRA general director Arindam Basu said: "Focus Incubation Centre will provide necessary facilities and technical guidance to encourage technical textile entrepreneurs for testing new ideas and technologies and thereby leap forward to more innovations in the products that they make. He is very confident that many new developments will happen in FIC and invites entrepreneurs from across the country to join FIC to make their dreams a reality."
 

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