itma 2027

India Approves ₹305 Crore (Approx. USD 34 Million) Tex-RAMPS Scheme to Accelerate Textile Innovation

The Government of India has approved the ₹305 crore (approximately USD 34 million) Tex-RAMPS scheme, a major initiative designed to drive research, innovation and technology development across the textile value chain.

Tex-RAMPS — which stands for Research, Assessment, Monitoring, Planning & Start-Up Support — aims to modernize the sector by strengthening R&D capabilities, supporting textile start-ups, and improving benchmarking and monitoring systems nationwide.

Also Read: India Targets Textile Export Growth Through Deeper Trade Ties With Russia

Under the scheme, running from 2025 to 2031, the industry can expect significant benefits, including:

  • Enhanced R&D in yarn, fabric, machinery and technical textiles
  • Increased support for innovators and new textile enterprises
  • Faster adoption of advanced technologies in manufacturing
  • A long-term push for high-value, globally competitive textile products

This strategic move positions India to advance its role as a global textile innovation hub. The update is especially relevant for mills, exporters, machinery manufacturers and textile entrepreneurs looking to capitalize on upcoming opportunities.

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