Snippet: Union Minister Giriraj Singh is confident of surpassing the $10 billion export target for technical textiles by 2030, boosting India’s global footprint.
Union Minister of Textiles, Giriraj Singh, expressed confidence that India will surpass its $10 billion export target for technical textiles by 2030. Speaking at the inaugural session of the international conference titled ‘Viksit Bharat: Technical Textiles for Sustainable Growth & Development’ in New Delhi, Singh emphasised the growing global and domestic demand for man-made fibres and technical textiles.
During the event, Singh launched the Compendium of the National Technical Textiles Mission (NTTM) and awarded certificates to 11 approved start-ups under the mission. He highlighted the government’s commitment to boosting the technical textiles sector through initiatives like the Production-Linked Incentive (PLI) Scheme for MMF fabrics, apparel, and technical textiles.
Singh also noted that 156 research projects have been approved under the NTTM, focussing on the development of high-performance fibres like carbon fibres with applications in aerospace, automobiles, and construction. He emphasised the potential of Meditech, particularly hygiene products, as a key contributor to achieving the export target.
Singh reaffirmed the government’s support for positioning India as a global leader in technical textiles, noting the sector’s significant applications across various industries. Union Minister of State for Textiles, Pabitra Margherita, stressed India’s progress toward self-reliance in technical textiles, with several state governments promoting investments, including FDI, in this growing sector.
Rachna Shah, Secretary, Ministry of Textiles, pointed out that while the global market for technical textiles is valued at $300 billion, India’s domestic market is $25 billion with $2.6 billion in exports. She emphasised the need for standards, quality control orders, and interdepartmental collaboration to boost India’s competitiveness.
Dr. S. Somanath, Chairman of ISRO, highlighted the importance of high-performance fibres in aerospace and called for large-scale investments in production facilities. The conference, organised by the Ministry of Textiles in association with FICCI and ITTA, also featured panel discussions on employment, innovation, and the future of technical textiles. Industry leaders, government representatives, and start-up founders participated in discussions on how to drive growth and innovation in this sector.
