Textile Ministry To Encourage Production Of Speciality Fibres .

Union Textile ministry would encourage manufacturing units to produce some speciality fibres required for technical textiles not available in India, either indigenously or through Joint Venture in the 12th five year plan, a senior ministry official said here today. Since 12 or 13 speciality fibres, mainly required in the manufacture of technical textiles, are being imported, the Government would extend all necessary help, Sujit Gulati, Joint Secretary, Ministry of Textiles, told reporters.

Stating that the ministry expected the growth in the sector to come from all segments such as geotech, medical, infrastructure or composite, Gulati said there are about 3,500 units in the country involved in the manufacture of technical textiles.

Addressing a seminar on Technical Textile organised by CII, he said the market size of technical textiles in India was estimated at Rs 63,000 crore during 2010-11 and a sub-group on technical textiles for 12th Five Year plan had projected it to swell to Rs 1.60 lakh crore for 2016-17.

The present Rs 2,300 crore market size of medical textile was projected to touch Rs 6,000 crore by 2016-17, at a growth rate of 20 per cent year on year, he said. Gulati said the ministry was in touch with all the user ministries, especially health and family welfare, road transport and highways for inter ministerial coordination for discussing regulatory measures for use of technical textile, which would help a "great deal" in enhancing the usage of medical textiles and geotextiles in the country.

Source : jknewspoint.com