Time to target five times increase in export of Technical Textiles: Piyush Goyal
#Textiles #TechnicalTextiles #PiyushGoyal #Exports #TextileManufacturingThe Minister suggests public private participation in use of Government funds in Research & Development in Technical Textiles
November 2021: Union Minister of Textiles, Commerce & Industry, Consumer Affairs and Food & Public Distribution, Piyush Goyal said time has come to target five times increase in export of Technical Textiles in three years, while speaking to representatives of Indian Technical Textile Association (ITTA) in Delhi recently. The Minister said that Centre would support PLIs for Textile Sector in States supporting development and offering affordable infrastructure for textile manufacturing like cheap land and power.
Goyal stated that we should align with best standards in Textile manufacturing. There should be no difference in quality of textile meant for international and domestic consumers. The Minister suggested public private participation in use of Government funds in Research & Development in Technical textiles.
It may be noted that the growth of Technical Textiles in India has gained momentum in past five years, currently growing at 8% per annum rate. The aim is to hasten this growth to 15-20% range during next five years.
Goyal said that Current world market is US$ 250 Billion (Rs.18 Lakh Crore) and India’s share in it is US$ 19 Billion. India is an aspiring player with US$ 40 Billion size in this market (8% share). The biggest players are the US, Western Europe, China and Japan (20% to 40% share). He said that in addition to the growth in statistical terms, we will direct the growth towards high technology and indigenously innovated products.
He further mentioned that with these objectives in mind, government has launched National Technical Textiles Mission in February 2020 with a view to make India a self-reliant, vibrant, and export oriented economy in the world.
He said “Our aim is to transform India into a major player in innovations, technology development, applications in key areas (agriculture, roads & railways, water resources, hygiene and healthcare, personal protection) with emphasis on higher education and skilled workforce.”
He informed that in January 2019, for the first time in India, 207 HSN Codes was issued for Technical Textile and in less than two years of time, India has become a net exporter in Technical Textiles.
He said that trade balance earlier used to be negative (minus Rs.2788 Crore) in 2018-19 and (minus Rs.1366 Crore in 2019-20), which has turned positive with Rs.1767 Crore in 2020-21. During the year 2020-21, India’s major share of exports is in PPEs, N-95 and surgical masks, as well as fabric for PPEs and masks.
Talking about the efforts made by the government to promote technical textiles, the Minister informed that 92 items have been made mandatory for use by Government organizations covering agriculture/horticulture, highways, railways, water resources, medical applications. Concerned nine ministries have issued instructions in this regard. Goyal further stated that BIS has issued Indian Standards for 377 items and nearly 100 are in pipeline. Skill Development in Technical Textiles commenced with introduction of six new courses and another new 20 courses are under preparation, he added.
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