Registering a growth rate of 28.4 per cent, India’s exports of 207 technical textile products have risen from US $ 2.21 billion in 2020-2021 to US $ 2.85 billion in 2021-2022, Union Minister of State for Textiles Darshana Jardosh told Lok Sabha in a written reply.
“In view to boosting the technical textiles sector in the country, the government has set up the National Technical Textiles Mission (NTTM) for a period of four years with an outlay of Rs. 1,480 crore,” she further added.
The Mission aims at achieving an average growth rate of 15-20 per cent per annum, taking the domestic market size to US $ 40-50 billion 2024, she said.
The Government has also issued general guidelines to enable academic institutions to provide technical textiles education in India.
The Minister further stated “Apart from this, the government has approved the Grant for Internship Support in Technical Textiles (GIST) with the objective of supporting academic-industry linkages in the domain of technical textiles.”
As per the guidelines, financial assistance up to Rs. 20,000 per student per month (for a maximum period of 2 months) would be given to empanelled companies on a reimbursement basis.
