Powerloom Industry in India
Modified Comprehensive Powerloom Cluster Development Scheme (MCPCDS)
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Modified Comprehensive Powerloom Cluster Development Scheme (MCPCDS)
Objectives
- To create world class infrastructure to integrate production chain, to fulfil the business needs of the local Small and Medium Enterprises (SMEs) and to boost production and export.
- Development of infrastructure, common facilities, other need based innovations, technology upgradation and skills development.
- Overcome the bottlenecks in infrastructure and common facilities in brownfield clusters.
Eligibility Components
- Common Facility Centres (CFCs) for pre and post weaving process, Mini-Industrial Parks with Worksheds supported by Core Infrastructure, Innovative Ideas and other need-based interventions.
Financial Assistance
- Matching investment in the ratio of Government (60) : Private (40).
- Government of India provides subsidy of 60% of the project cost with maximum ceiling upto Rs 50 crore.