Thursday, January 12, 2023

[ National Technical Textiles Mission.]


For Prelims: Technical Textile, Schemes related to Technical Textile.

For Mains: Significance of Technical Textile in Indian Economy.

Why in News.
Recently, the Ministry of Textiles cleared 20 strategic research projects worth Rs 30 crores in the areas of Specialty fibers and Geotextiles under the Programme ‘National Technical Textiles Mission.’
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.

Technical Textile products derive their demand from development and industrialization in a country.

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.

  Key Points:

    About:
        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.
        It aims at taking the domestic market size from USD 40 billion to 
        USD 50 billion by 2024.
        Ministry:
        A Mission Directorate is operational in the Ministry of Textiles.
        Components: It will be implemented for four years starting from 
        2020-2021 and has four components-
        First component: It will focus on research, development and 
        innovation with an outlay of Rs. 1,000 crores.
            The research will be at both fiber 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 Rs 14,000 crores 
        to Rs 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.Scenario of Technical Textile:
        The growth of technical textiles in India has gained momentum in the 
           past five years, currently growing at an 8% per annum rate.
           It is aimed to hasten this growth to 15-20% range during the 
           next five years.
The current world market is USD 250 billion and India’s share in it is 
USD 19 billion.India is an aspiring player with USD 40 billion in 
this market (8% Share).
The biggest players are the; 
USA, western Europe, China and Japan (20-40% share).
Initiatives Related to Technical Textile:
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.
        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.
        100% FDI under Automatic Route: The Government of India allows 
        100% Foreign Direct Investment (FDI) under automatic route. 
        International technical textile manufacturers such as Ahlstrom, 
        Johnson & Johnson etc have already initiated operations in India.
        Technotex India: It is a flagship event organized by the 
        Ministry of Textiles, in collaboration with Federation of 
        Indian Chambers of Commerce & Industry (FICCI) 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.

Source: PIB

Source:

https://www.drishtiias.com/daily-updates/daily-news-analysis/national-technical-textiles-mission-1

3 comments:

Anonymous said...

The growth of technical textiles in India has gained momentum in the
past five years, currently growing at an 8% per annum rate.
It is aimed to hasten this growth to 15-20% range during the
next five years.{ 8% in past 5 years and next 5 years 20% is this possible please?




Anonymous said...

8% per annum for 5 years will be 40% ?

S K G Rao said...

8% per year that is 40% for 5 years?