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India: Textile Ministry launches scheme for the knitting & knitwear sector

Smriti Zubin Irani, Union Minister of Textiles, recently launched the much awaited “Comprehensive Scheme for the Development of Knitting & Knitwear Sector (CSDKKS) with various components under PowerTex India”.

The scheme will help to promote knitting and knitwear sector and thereby achieve the inclusive growth in the country. It will also enhance the sector’s contribution to the nation building as knitting and knitwear sector is one of the major segments of the entire textile value chain and contributes about 27 per cent of the total cloth production and about 15 per cent of knitted fabric is being exported besides export of knitted apparel.

The main clusters to benefit from this announcement are Tirupur, Kolkata, Ludhiana, Kanpur and NCR.