Management will be through a Governing Council where Development Commissioner, MSME will be Chairman and Ministry of Textiles representative, co-chair.
Benefits to Ministry of Textiles include, among others, skilling of youth in textile sector, thus, providing requisite skilled manpower to the textile industry. The Technology Centre would provide support in manufacturing of quality tools that would improve productivity of MSMEs and enable them to become competitive in national and international markets; it would also provide trained manpower and consultancy in related areas. Since National Textile Corporation is moving forward towards modernization, expansion and integration, the setting up of the Technology Centres would be immensely beneficial to NTC as well.
Drawing inspiration from the vision of the Prime Minister for 'Skill India', Ministry of Textiles, through Integrated Skill Development Scheme (ISDS) targets to train 15 lakh youth in the textile sector by 2017. The Ministry is exploring several alternatives to achieve this target, including evolving synergy with ongoing schemes/institutions and with other Ministries as well.
The MoU with Ministry of MSME is one such synergistic initiative in this direction.
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