NFDI Business Mentor Network
NIFT Foundation For Design Innovation (A Section 8 Company) Set up by National Institute of Fashion Technology, Ministry of Textiles, Govt. of India Introduction NIFT under the aegis of Ministry of Textiles, incorporated a Section 8 company called NIFT Foundation for Design Innovation on 25th July 2020. This company's objective is to create a Startup ecosystem in the textile and fashion domains of India. The mandate of NIFT Foundation is to assist the Fashion, Textiles, Lifestyle accessories, communications, associated technology, and Design community entrepreneurs, including NIFT members, craftsperson’s, artisans, and external community entrepreneurs, in commercializing their product/service ideas. The mandate also extends to accelerate its growth and enhance the scale of operations. The mission is to synchronize and synergize the interactions between various Entrepreneurship Ecosystem stakeholders, both Indian and global, with utmost importance in enabling community members to become successful entrepreneurs through structured programs, mentorship, funding, and events. Self-reliance, import substitution, and export promotion are the pivots of demand generation.