GG News Bureau
New Delhi, 7th Sept. Union Minister of Textiles, Giriraj Singh, expressed confidence that India’s technical textile industry will surpass the $10 billion export target set for 2030.
Speaking at the inauguration of the international conference-cum-exhibition titled ‘Viksit Bharat- Technical Textiles for Sustainable Growth & Development,’ held in New Delhi, Singh highlighted the growing importance and consumption of man-made fibers and technical textiles.
During the event, Singh launched the Compendium of the National Technical Textiles Mission (NTTM) and awarded confirmation certificates to 11 approved start-ups under the NTTM. He emphasized the government’s commitment to advancing the technical textiles industry through initiatives such as the National Technical Textiles Mission and the Production Linked Incentive (PLI) Scheme for MMF Fabric, Apparel, and Technical Textiles.
The minister outlined that under the NTTM, 156 research projects have been sanctioned, focusing on areas such as carbon fiber development and support for start-ups in technical textiles. He noted that Meditech, particularly hygiene products, is expected to play a significant role in achieving the export target.
Singh expressed confidence in the local industry’s ability, alongside government support, to drive the development of high-performance fibers with applications across aerospace, automotive, and construction sectors. He reiterated the government’s commitment to making India a global leader in technical textiles.
The conference, organized by the Ministry of Textiles in collaboration with the Federation of Indian Chambers of Commerce & Industry (FICCI) and the Indian Technical Textile Association (ITTA), took place at The Ashok Hotel in New Delhi. It featured discussions on employment, innovation, social impact, and future directions for the technical textile industry.
Union Minister of State for Textiles, Pabitra Margherita, emphasized the nation’s progress toward becoming self-reliant in technical textiles, while Secretary of the Ministry of Textiles, Rachna Shah, highlighted the significant market opportunities and the mission’s focus on standards, Quality Control Orders, and interdepartmental collaboration.
Dr. S. Somanath, Chairman of ISRO, discussed the need for large-scale investments in composites and high-performance fibers, urging the industry to develop domestic production capabilities to reduce import reliance and tap into the global market.
The conference also featured panel discussions on various aspects of the technical textiles sector, with participation from government officials, industry leaders, research organizations, and start-up founders.
Comments are closed.