Government of India in its budget 2009-10 & 2012-13 announced development of Ichalkarnji as Powerloom mega cluster .
Ichalkaranji being a Prominent textile Centre, the Govt. of India has sanctioned the financial aid to Ichalkaranji Powerloom Mega Cluster under MCPCD Scheme to create world class infrastructure for fulfilling the business needs of small & medium enterprises to boost production and export. D.K.T.E. Society‘s Textile & Engineering institute has been selected as cluster management Technical Agency (CMTA) by the Ministry of Textiles, Govt. of India.