Feb 09: The Union Minister of State for Textiles, Smt. Darshana Jardosh in a written reply to a question in Lok Sabha today informed that with a 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 4 years (2020-21 to 2023-24) with an outlay of Rs. 1,480 crores. The Mission aims at achieving an average growth rate of 15-20% per annum taking the level of domestic market size to 40-50 Billion USD by the year 2024. 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, registering a growth rate of 28.4%.
The Government has issued General Guidelines for Enabling Academic Institutes in Technical Textiles Education in India for Private & Public Institutes, with the objective of improving learning levels by encouraging new Technical Textiles Degree Programmes (UG & 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 of up to INR 20,000 per student per month (for a maximum period of 2 months) would be given to empanelled companies on a reimbursement basis, for onward release to eligible students. The two Guidelines were launched on 5th January 2023. The details of both Schemes can be accessed from www.nttm.texmin.gov.inDisclaimer: We donot claim that the images used as part of the news published are always owned by us. From time to time, we use images sourced as part of news or any related images or representations. Kindly take a look at our image usage policy on how we select the image that are used as part of the news.