India Approves ₹305 Crore Tex-RAMPS Scheme for Textile Sector Enhancement

The Indian Government has introduced the Tex-RAMPS Scheme with an allocation of ₹305 crore aimed at bolstering research, innovation, and global competitiveness within the textiles sector. Scheduled to align with the Finance Commission cycle from 2025 to 2031, the initiative will focus on developing smart textiles, streamlining data and analytics, supporting startups, and improving the overall research ecosystem. Expected outcomes include heightened global market competitiveness, enhanced data-driven policymaking, and increased employment opportunities.

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