IAS Gyan

Daily News Analysis

National Textile Mission

19th January, 2022 Economy

Figure 4: No Copyright Infringement Intended

Context:

  • Recently, the Ministry of Textiles has approved 20 strategic research projects worth 30 rupees in the field of specialty textiles and geotextiles under its flagship program "National Technical Textiles Mission".

Focus:

●       Development of the use of technical textiles in various flagship missions and programs in the country, including the strategic sector.

●       This will reduce India's dependence on imports and promote domestic production of capital goods in this sector.

Aboutt "National Technical Textile Mission"

  • It was launched by the Ministry of Textiles.
  • Period: 4 years (2020-21-2023-24)
  • The purpose of the mission is to position India as a world leader in technical textiles.
  • This mission aims to expand the domestic market size of the technical textile sector to US $ 450 billion by 2024 and to achieve an average annual growth rate of 15-20%.
  • It also supports the Make in India initiative to promote the domestic production of related machinery and equipment.
  • The mission consists of four components: Research, innovation, development Promotion and market development Export promotion Education, training, skill development.