For long government has been focusing on the textile materials industry. Representing 4 per cent of India’s GDP, the industry opens up new business avenues for the country. To capitalize on these opportunities, the government has introduced measures to boost the development of specialized materials market in the country. Government focus on the materials industry had started even before the introduction of the National Technical Textiles Mission. As per a Textile Value Chain report, under its Foreign Trade Policy, it has marked 207 specialized material items from the Harmonized System of Nomenclature (HSN) code in 2019,

Moreover 92 regions under 10 focal services have been demarcated to promote the use of these specialized materials in different fields. On its part, the Bureau of Indian Standards has laid out certain rules for the use of 377 specialized material items. Meanwhile, the textile ministry has added six new courses to the Samarth conspire.

Government focus boost yearly growth to 9%

Currently, the specialized materials industry represents 13.5 per cent of India’s products, and is the second largest employer after agribusiness. Over the last 40 years, the industry has developed at an annual rate of 3 to 4 per cent. However, recent government focus has given a boost to its annual growth rate to around 8-9 per cent.

To present India as a global innovator in specialized materials within a time frame of four years from 2020-21 to 2023-24, the National Technical Textiles Mission was set up with an outlay of Rs 1,480 crore. Currently developing at an annual rate of 8 per cent, the specialized materials market in India is expected to grow 15-20 per cent over the next five years, says Piyush Goyal, Union Minister of Textiles.

Almost 20 projects were launched in the field of extraordinary strands and geotextiles in January 2022 under the National Technical Textiles Mission with an outlay of Rs 30 crore. Around 16 of these projects focus on fiber development; three on material waste reusing, and one on farming. Easy access to raw components

The Production Promotion Scheme has introduced new entry points into materials business through the Scheme for Integrated Textile Parks. India is the only country after China that manufactures all types of fibers. Access to raw components for specialized materials enables India to consolidate its position in the domestic and international materials business.

India provides basic facilities like land, water, labor supply and a good administrative structure to promote the development of the specialized materials industry. The materials can be assembled through an engaging and developing business sector to boost consumers’ interest in the field.