Rs96 cr boost to technical textiles

Rs96 cr boost to technical textiles
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First Published: Mon, Jun 18 2007. 05 12 PM IST
Updated: Mon, Jun 18 2007. 05 12 PM IST
PTI
Coimbatore:To promote indigenous manufacture of technical textiles,the Centre will implement a scheme titled ‘Scheme for development and growth of technical textiles at a cost of Rs96 crore in the 11th plan, according to the Union Minister of State for Textiles.
The ministry would provide infrastructure support by setting up Centres of Excellence for manufacture of technical textiles, Elangovan said.
While inaugurating an International Conference on Advances in Textiles, Machinery, Non-woven and Technical Textiles, organized by a private college in collaboration with Texas Tech University, USA, it came out clearly that while the government was aware that the subsectors of textile industry have great potential for growth in the coming years and that the country was well placed to exploit the advantages accruing from these sub-sectors, this was not happening.
The policy initiatives in coming years would be geared towards the development of these futuristic segments of textile industry, so that Indian textiles gained its place of pride in the world.
With a large textile-manufacturing base and technical manpower,India has the potential to become a leading exporter of the various technical textile products, adding demand and consumption of technical textile products which are likely to grow in the coming years.
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First Published: Mon, Jun 18 2007. 05 12 PM IST
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