The Indian government has set an ambitious target of achieving $10 billion in technical textiles exports by 2030.

According to recent statistics, India’s exports of technical textiles reached $2.5 billion in 2022-23, albeit experiencing a slight decline compared to the previous year. However, in the current year (April to October 2023), exports saw a modest growth of 0.5 per cent. 

Despite this positive growth trajectory, the sector faces several challenges including lack of awareness and technical expertise, inadequate testing facilities, and limited availability of specialty fibers. To overcome these obstacles, the government plans to expand the number of Harmonised System (HS) codes for technical textiles and introduce more Standard Input Output Norms (SION) for these products.

Various government schemes have been implemented to bolster the industry, including the Production-Linked Incentive (PLI) scheme covering ten technical textiles products, and the National Technical Textiles Mission (NTTM) aimed at positioning India as a global leader in the field. Additionally, with 100 per cent FDI allowed through the automatic route and technical textiles products included in schemes like Duty Drawback and the Remission of Duties and Taxes on Exported Products (RODTEP), the government is actively supporting efforts to boost exports.