NTTM aims to expand India's technical textile market to $50 bn by 2024

India’s exports of 207 technical textile products have grown from $2.21 billion in 2020-21 to $2.85 billion in 2021-22, registering a growth rate of 28.4 per cent, Union minister of state for textiles Darshana Jardosh informed in a written reply to a question in Lok Sabha.

The government has issued general guidelines for enabling of academic institutes in technical textiles’ education in India for private and public institutes, with the objective of improving learning levels by encouraging new technical textiles degree programme (UG and PG), updating existing conventional degree programmes with new papers of technical textiles etc.

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 ₹20,000 per student per month (for a maximum period of 2 months) would be given to empanelled companies on re-imbursement basis, for onward release to eligible students. The two guidelines were launched on January 5, 2023.

Fibre2Fashion News Desk (KD)