Trade

Right Time for Investments in Textile Sector

Right Time for Investments in Textile Sector

The increasing requirement for technical textiles due to rapid changes in environment along with increase employment and rise in disposal would lead to enhanced investments in textile sector as per the Minister of State for Textiles Darshana Vikram Jardosh.

The minister also said that technical textiles is the way for boosting the economy of the country and its potential to contribute to ‘Atmanirbhar Bharat’ mission through various flagship missions and schemes of the Centre.

Vijay Raghavan, Principal Scientific Advisor, Government of India highlighted the vital role of innovative solutions and research and development (R&D) in driving the technical textiles market in India under its flagship programme National Technical Textiles Mission (NTTM) during his special address.

He was of the view that in coming years various environmental issues will lead to rising in temperatures up to 50 degrees, scarcity of drinking water, and other environmental hazards, and therefore, a proactive roadmap may be thought up for bringing up new high-end low-cost technological interventions in the application areas of technical textiles addressing the issue.

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