The Cabinet Committee on Economic Affairs has approved setting up of National Technical Textiles Mission for a period of 4 year. The mission aims at positioning India as a global leader in technical textiles.
India has nearly 6% share of $250 billion global technical textiles market. However, the annual average growth of the segment in India is 12% as compared with world average growth of 4%.
Financial Outlay
The total outlay of scheme is Rs 1480 Crore. The Mission would have a four year implementation period from FY 2020-21 to 2023-24.
Components of National Technical Textiles Mission
The National Technical Textiles Mission has four components:
- Research, Innovation and Development: It has an outlay of Rs. 1000 Crore. It will promote both
- Fundamental research at fibre level aiming at path breaking technological products in Carbon Fibre, Aramid Fibre, Nylon Fibre, and Composites
- Application based research in geo-textiles, agro-textiles, medical textiles, mobile textiles and sports textiles and development of biodegradable technical textiles.
- Promotion and Market Development: The Mission will aim at average growth rate of 15-20% per annum taking the level of domestic market size to $40-50 billion by the year 2024
- Export Promotion:
- It envisages export promotion of technical textiles, enhancing it from the current annual value of approximately Rs 14,000 crore to Rs 20,000 crore by 2021-22, and ensuring 10% average growth in exports per year up to 2023-24
- An Export Promotion Council for Technical Textiles will be set up for effective coordination and promotion activities in the segment.
- Education, Training and Skill Development
- It will promote technical education at higher engineering and technology levels related to technical textiles and its application areas covering engineering, medical, agriculture, aquaculture and dairy segments.
- Skill development will be promoted and adequate pool of highly skilled manpower resources will be created for meeting the need of relatively sophisticated technical textiles manufacturing units.
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