The Union Ministry of Textiles has introduced a technology upgradation scheme in association with Energy Efficiency Services Ltd (EESL) to revive the ailing powerloom sector.
The initiative, SAATHI (Sustainable and Accelerated Adoption of Efficient Textile Technologies to Help Small Industries), entails complete replacement of age-old technology with the most modern one without any upfront cost to be paid by powerloom owners.
EESL, a public sector entity under the Ministry of Power, would procure energy-efficient powerlooms, motors and rapier kits in bulk and provide them to the small and medium powerloom units at no upfront cost.
“The unit owner neither has to allocate any