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CCEA gives consent to set up National Technical Textiles Mission
Feb-27-2020

The Cabinet Committee on Economic Affairs (CCEA) has given its consent to set up a National Technical Textiles Mission which aims at positioning the country as a global leader in technical textiles. The mission, announced in Union Budget 2020, will have an outlay of Rs 1,480 crore and have an implementation period of four years - FY 2020-21 to 2023-24. 

The Mission will aim at average growth rate of 15-20 percent per annum taking the level of domestic market size to $40-50 billion by the year 2024 through market development, market promotion, international technical collaborations, investment promotions and 'Make in India' initiatives. It envisages export promotion of technical textiles, enhancing it from the current annual value of approximately Rs 14,000 crore to Rs 20,000 crore by 2021-22, and ensuring 10 percent average growth in exports per year up to 2023-24. An Export Promotion Council for Technical Textiles will be set up for effective coordination and promotion activities in the segment.

Besides, the Mission will promote technical education at higher engineering and technology levels related to technical textiles and its application areas covering engineering, medical, agriculture, aquaculture and dairy segments. Skill development will be promoted and adequate pool of highly skilled manpower resources will be created for meeting the need of relatively sophisticated technical textiles manufacturing units. The penetration level of technical textiles is low in India, varying between 5-10 per cent against the level of 30-70 per cent in developed countries. The Mission will focus on usage of technical textiles in various flagship missions, programmes of the country including strategic sectors.

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