- Economy
- Education And Career
- Companies & Markets
- Gadgets & Technology
- After Hours
- Healthcare
- Banking & Finance
- Entrepreneurship
- Energy & Infra
- Case Study
- Video
- More
- Sustainability
- Web Exclusive
- Opinion
- Luxury
- Legal
- Property Review
- Cloud
- Blockchain
- Workplace
- Collaboration
- Developer
- Digital India
- Infrastructure
- Work Life Balance
- Test category by sumit
- Sports
- National
- World
- Entertainment
- Lifestyle
- Science
- Health
- Tech
Exports Of 207 Technical Textile Products Up 28.4% To $2.85 Bn In 2021-22: Govt
To boost the technical textiles sector, the Centre has set up the National Technical Textiles Mission (NTTM) for a period of 4 years with an outlay of Rs 1,480 crore
Photo Credit :
Registering a growth rate of 28.4 per cent, India’s exports of 207 technical textile products have grown from USD 2.21 billion in 2020-21 to USD 2.85 billion in 2021-22.
This was stated by the Union Minister of State for Textiles Darshana Jardosh in a written reply to a question in Lok Sabha on Wednesday.
To boost the technical textiles sector, the Centre has set up the National Technical Textiles Mission (NTTM) for a period of 4 years with an outlay of Rs 1,480 crore, she said.
"The mission aims to achieve an average growth rate of 15 to 20 per cent per annum taking the level of domestic market size to 40-50 Billion USD by the year 2024," she added.
Meanwhile, the government has issued general guidelines for enabling of academic institutes in technical textiles education in India for private and public institutes.