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India’s market for technical textiles is targeted to touch $40 billion by 2030 from the current $23 billion, said Rajeev Saxena, Joint Secretary, Ministry of Textiles.
About technical textiles
- Textile materials that are manufactured for their technical performances and functional properties rather than aesthetic and decorative features.
- Broadly classified into 12 different categories – Agrotech, Oekotech, Buildtech, Meditech, Geotech, Clothtech, Mobiltech, Hometech, Sportstech,Indutech, Protech, Packtech.
- Manufactured using natural as well as man-made fibres
- Some man-made fibres – Nomex, Kevlar, Spandex, Twaron
- A sunrise sector
- Technical textile accounts for approximately 13% of India’s total textile and apparel market and contributes to India’s GDP at 0.7%
India is the 2nd largest producer of polyester in the world
National Technical Textile Mission
- Aim – to position the country as a global leader in Technical Textiles
- 4 year implementation period from FY 2020-21 to 2023-24.
- Have 4 components
- Research, Innovation and Development
- Promotion and Market Development
- Export Promotion
- Education, Training, Skill Development
Source: The Hindu
Previous year question
Consider the following statements:
1. The value of Indo-Sri Lanka trade has consistently increased in the last decade.
2. “Textile and textile articles” constitute an important item of trade between India and Bangladesh.
3. In the last five years, Nepal has been the largest trading partner of India in South Asia.
Which of the statements given above is/are correct? [UPSC Civil Services Exam – 2020 Prelims]
(a) 1 and 2 only
(b) 2 only
(c) 3 only
(d) 1, 2 and 3
Answer: (b)
Explanation:
Statement 3 is incorrect. The correct order of India’s largest trading partners in South Asia is Bangladesh, Nepal, Sri Lanka, Pakistan, Bhutan, Afghanistan, and the Maldives.
Statement 2 is correct. Cotton is the largest export item from India to Bangladesh, constituting approximately one-fifth of India’s supplies to Bangladesh. This is followed by mineral fuels, automobiles, and capital goods.
India’s imports from Bangladesh increased by 22% to $1.2 billion. Garment and textile products account for around 40% of these imports.
