The Government has launched PowerTex India, a comprehensive scheme for powerloom sector development, simultaneously at over 45 locations in the country. The powerloom sector alone employs over 44 lakh people and the scheme will especially benefit small powerloom weavers. Powerlooms are a predominant segment in the entire textile value chain.
According to a powerloom survey carried out in 2013, there are 24.86 lakh powerlooms in the decentralized sector, out of which 1.03 lakh (4.1%) are shuttleless looms. It accounts for more than 57% of the total cloth production and provides employment to nearly 44.86 lakh persons. Around 60% of fabrics and garments manufactured by powerlooms are exported.
The comprehensive scheme has the following components:
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Tags: PowerTex India, PowerTex India Scheme
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