Textile ministry to provide financial assistance for upgradation of powerloom units in state

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BS Reporter Ahmedabad
Last Updated : Sep 25 2014 | 9:49 PM IST
In a relief for powerloom sector, the Ministry of Textiles, Government of India has decided to implement an upgradation scheme for powerloom sector in Gujarat.  The said scheme is for In-Situ Upgradation of Plain Powerlooms for SSI Powerloom Sector in Surat and Ahmedabad Powerloom clusters in Gujarat also during the present 12th Five Year Plan.

Under the scheme, Government of India shall provide financial assistance for upgradation attachments / kits, upto maximum subsidy Rs  15,000 per powerloom and the maximum subsidy to a powerloom unit would be Rs  120,000. The upgradation includes attachments like warp and weft stop motion, efficient braking device (electro-mechanical), anti crack device, replacement of metallic parts by self-lubricating nylon parts, mechanical dobby, and jacquard, among others.
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First Published: Sep 25 2014 | 8:06 PM IST

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