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Scheme or incentive

PowerTex India — In-situ Upgradation of Plain Powerlooms Sub-Scheme (In-situ Upgradation of Plain Powerlooms)

One-time subsidy of up to 50% (general) / 75% (SC/ST/NER) of the cost of upgradation kits attached to existing plain powerlooms. Targeted at MSME powerloom weavers like the Kolhapur–Ichalkaranji cluster.

Definition

One-time subsidy of up to 50% (general) / 75% (SC/ST/NER) of the cost of upgradation kits attached to existing plain powerlooms. Targeted at MSME powerloom weavers like the Kolhapur–Ichalkaranji cluster.

  • SourcePowerTex India scheme — Operational Guidelines for In-situ Upgradation of Plain Powerlooms · Para 4 (Quantum and pattern of assistance)
    texmin.gov.in

Benefit

Type
capex subsidy
What you get
50% subsidy on upgradation kit cost (general) / 75% (SC/ST/NER), routed via local Powerloom Service Centre.
Administered by
Office of the Textile Commissioner, Ministry of Textiles
Apply
texmin.gov.in

Eligibility conditions

Highest-fit scheme for the demo profile — Ichalkaranji PSC handles applications locally.

  • sectors=textile_weaving
  • states=any
  • msme=micro, small

Citations

  • SourcePowerTex India scheme — Operational Guidelines for In-situ Upgradation of Plain Powerlooms · Para 4 (Quantum and pattern of assistance)
    texmin.gov.in