Technical Textiles

Context: The Indian technical textiles industry is said to achieve a market value of $50 billion in the upcoming five years.

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• In the recent half-decade, the progress of technical textiles in India has gathered momentum, displaying an annual growth rate of 8%.
• The objective is to accelerate this advancement, aiming for a substantial growth range of 15-20% over the next five years.
• Presently, the global market for technical textiles is valued at USD 250 billion, and India holds a share of USD 19 billion within it.
• As an emerging contender, India’s position in this market is marked by a USD 40 billion presence, accounting for an 8% share.
• The dominant players encompass the USA, western Europe, China, and Japan, collectively holding a 20-40% share.
• The Indian technical textiles sector is on the brink of an impressive trajectory of expansion, with the vision of attaining an astounding $50 billion within the forthcoming five years, departing from its current position of $22 billion.

What are 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:

• Conventional textiles v/s technical textiles:

About the National Technical Textiles Mission (NTTM)

• Launch: It was approved in 2020 by the Cabinet Committee on Economic Affairs (CCEA) with the aim to position the country as a global leader in technical textiles and increase the use of technical textiles in the domestic market.
• Implementation period: FY 2020-21 to 2023-24.
• Outlay: Rs. 1480 crores.
• Goal: To achieve a market size of $40 billion and export of $10 billion in the technical textiles segment by 2024-25.
• The focus of the Mission is also for developing on usage of technical textiles in various flagship missions, programmes of the country including strategic sectors.
• Components: The mission has four components:
  • First component: It will focus on research, development and innovation with an outlay of Rs. 1,000 crores.
  • 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 Rs 14,000 crores to Rs 20,000 crores by 2021-2022 and ensure 10% average growth every year till the Mission ends.
  • Fourth component: It will focus on education, training and skill development.

Initiatives Related to Technical Textiles

• Production Linked Incentive (PLI) Scheme for Textiles Sector: It aims to promote the production of high value Man-Made Fiber (MMF) fabrics, garments and technical textiles.
• 100% FDI under Automatic Route: The Government of India allows 100% Foreign Direct Investment (FDI) under automatic route.
• Harmonized System of Nomenclature (HSN) Codes for Technical Textile: In 2019, Government of India dedicated 207 HSN codes to technical textiles to help in monitoring the data of import and export, in providing financial support and other incentives to manufacturers.
• Technotex India: It is a flagship event organized by the Ministry of Textiles and comprises exhibitions, conferences and seminars with participation of stakeholders from across the global technical textile value chain.
• Amended Technology Upgradation Fund Scheme: To improve exports and indirectly promote investments in textile machinery.

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