At the 33rd foundation day of the North India Section of The Textile Institute (UK), T Rajkumar, Chairman, Confederation of Indian Textile Industry (CITI), informed the government plans to invest $211.7 million in technical textile sector till 2024. It has already established Centers of Excellence in different fields of technical textiles across the country, he added.
Shirshir Jaipuria, Chairman and Managing Director, Ginni Filaments, emphasized the importance of technology in textile industry. He said, emerging trends of technology, development, sustainable products and marketing strategy will impact the future of textile sector in India. And recommended the industry should focus on data exchange and adapt to the changing requirements.
Professor Vijay Kothari emphasized on the need for better coordination among academia, research organization and industry. He advised the industry to stop working in silos and adopt an integrated approach. The industry also needs to focus on developing new cost-effective products that cater to health care, environment and industrial needs of consumers.
