National Technical Textiles Mission – Economics – Free PDF Download

CURRENT AFFAIR  

• The Cabinet Committee on Economic Affairs (CCEA) has approved the setting up of a National Technical Textiles Mission at a total outlay of ₹1,480 crores. Cabinet Committee on Economic Affairs

Chaired by the Prime Minister

• CCEA lays down the priorities for public sector investment and considers specific proposals for investment of not less than specific levels.
• It has a mandate to review economic trends on a continuous basis, as also the problems and prospects, with a view to evolving a consistent and integrated economic policy framework for the country.
• It also directs and coordinates all policies and activities in the economic field including foreign investment that require policy decisions at the highest level.

HIGHLIGHTS  

• It aims to position the country as a global leader in technical textiles and increase the use of technical textiles in the domestic market.
• The Mission will aim at taking domestic market size to $40 billion to $50 billion by 2024.
• A Mission Directorate will be operational in the Ministry of Textiles.
• It will be implemented for four years starting from 2020-2021 and will have four components.
• First component: It will focus on research, development and innovation with an outlay of ₹1,000 crores.
• The research will be at both fibre level and application-based in geo, agro, medical, sports and mobile textiles and development of biodegradable technical textiles.
• Research activities will also focus on the development of indigenous machinery and process equipment.
• Second component: It will be for the promotion and development of the market for technical textiles.
• Third component: It will focus on export promotion so that technical textile exports from the country reach from the ₹14,000 crores to ₹20,000 crores by 2021-2022 and ensure 10% average growth every year till the Mission ends.
• An export promotion council for technical textiles will be set up.
• Fourth component: It will focus on education, training and skill development.
• The Mission will promote technical education at higher engineering and technology levels related to technical textiles and its application areas.

Indian Technical Textiles Segment  

• It is estimated at $16 billion which is approximately 6% of the $250 billion global technical textiles market.
• The penetration level of technical textiles in India varies between 5% and 10% against the level of 30% to 70% in developed countries.

Technical Textiles  

• Technical textiles are functional fabrics that have applications across various industries including automobiles, civil engineering and construction, agriculture, healthcare, industrial safety, personal protection etc.
• Based on usage, there are 12 technical textile segments; Agrotech, Meditech, Buildtech, Mobiltech, Clothtech, Oekotech, Geotech, Packtech, Hometech, Protech, Indutech and Sportech.
• For example, ‘mobiltech’ refers to products in vehicles such as seat belts and airbags, airplane seats; geotech, which is incidentally the fastest growing sub-segment, used to hold back soil, etc.

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