Union Minister of State for Textiles Darshana Jardosh on Wednesday said the future of the Textiles sector is closely linked with the growth of the Technical Textile industry. She was speaking while inaugurating ‘Technotex 2023: Envisioning Indian Technical Textiles @2047′, the 10th International Exhibition and Conference on Technical Textiles at the Bombay Exhibition Centre at Goregaon in Mumbai.
MoS Textiles informed that India is the third largest exporter of textiles and apparel. She observed that as the global Technical Textile industry continues to grow, India is poised to benefit from the expansion. She added that domestic consumption and export are both expected to grow rapidly in the next few years, making this an important time for the industry.
Ms Jardosh also stated that the Government is taking all necessary efforts to promote technical textiles with initiatives such as the PLI scheme, HSN Codes, and National Technical Textile Mission, amongst others. She said, the Production Linked Incentive (PLI) Scheme for textiles for Man Made Fibre Fabrics & Apparel, and Technical Textiles is expected to attract an investment of 19,798 crores rupees for manufacturing.
The Minister further stated that the G-20 Presidency of India can play an important role in strengthening our textile, apparel and merchandising industry. She said that PM GATI SHAKTI-National Master Plan presents significant opportunities for Technical Textiles to be used extensively.
The Minister informed that the Ministry of Textiles has recently notified Guidelines for Indigenous Development of Machineries and Equipment in Technical Textiles, to meet the diverse needs of the textile industry and to make our nation Aatma Nirbhar, by tapping local skills in design, engineering, fabrication and prototyping.
Ms. Jardoash also informed that grants of up to 20,000 rupees per student per month shall be provided to the empanelled companies for providing internships to B. Tech students.
Technotex, organised by the Union Ministry of Textiles and Federation of Indian Chambers of Commerce & Industry (FICCI), is a flagship event comprising buyer-seller meets, an international exhibition and a conference. The three-day event being held from the 22nd to the 24th of February will provide a common platform for interaction amongst stakeholders from across the global technical textile value chain.
Union Minister Darshana Jardosh also launched an e-book on Technical Textiles titled ‘Technical Textiles Ecosystem in India: Market Overview, Inherent Linkages and Growth Opportunities’ on the occasion.
