• ●August 2026 textile exports: Rs 29,776 crore, up 16.1% from Rs 25,656 crore in August 2025.
• ●April-August 2026 cumulative: Rs 1.43 lakh crore, up 10.3% year-on-year.
• ●August segment growth: cotton yarn/fabrics/made-ups/handloom 24.1%; man-made yarn/fabrics/made-ups 19.9%; carpets 15.0%; handicrafts excluding handmade carpets 41.4%; readymade garments of all textiles 6.1%.
• ●April-August cumulative by segment: cotton textiles 18.0%, man-made textiles 13.6%, carpets 11.9%, handicrafts 44.0%.
• ●PM MITRA: seven Mega Integrated Textile Region and Apparel parks approved with a total outlay of Rs 4,445 crore over five years, at Virudhunagar (Tamil Nadu), Warangal (Telangana), Navsari (Gujarat), Kalaburagi (Karnataka), Dhar (Madhya Pradesh), Lucknow (Uttar Pradesh) and Amravati (Maharashtra).
• ●PLI Scheme for Textiles: Rs 10,683 crore approved on 8 September 2021 for man-made fibre apparel, man-made fibre fabrics and technical textiles.
• ●National Technical Textiles Mission: outlay Rs 1,480 crore, covering research, market development, education and export promotion.
• ●Samarth (Scheme for Capacity Building in Textile Sector): launched 2017 by the Ministry of Textiles to train 10 lakh persons - 9 lakh in the organised sector and 1 lakh in traditional sectors.
• ●Cotton Corporation of India: a Ministry of Textiles PSU set up on 31 July 1970, registered office at Kapas Bhavan, Navi Mumbai; it runs Minimum Support Price operations for raw cotton.
• ●Handloom Export Promotion Council: the Ministry of Textiles' nodal export body for handloom fabrics, home furnishings and floor coverings, constituted in 1965 with its head office at Chennai.

Consider the following statements: 1. The National Technical Textiles Mission has been launched with an outlay of Rs 1,480 crore. 2. Technical textiles are manufactured primarily for their functional performance rather than for their appearance. Which of the statements given above is/are correct?