SIDBI, FITT-IIT Delhi Invest in Indigotex for Sustainable Denim Innovation

• SIDBI and FITT-IIT Delhi have invested in deep-tech textile startup Indigotex to scale its eco-friendly fabric technologies.
• Indigotex, an IIT Delhi spin-off, is developing INDIWOOL™ Denim, blending indigo-dyed merino wool with biodegradable fibers like cotton, lyocell, and hemp.
• The company's patented indigo dyeing technology applies traditional indigo shades to wool, while ECOTEX processing eliminates water and chemicals in denim manufacturing, reducing energy by 85%.
• The investment will fund scaling INDIWOOL™ Denim production, expanding research, and forging partnerships with global apparel brands.
• This initiative positions India as a hub for advanced, environmentally responsible materials, enhancing its competitiveness in the global apparel value chain.