India plans to invest heavily in technical textiles
Shashi Singh, India’s Mumbai Textile Co-Commissioner, said that with the market’s attention and demand for technical textiles, India may invest heavily in technical textiles in the coming years. She said that if the consumption of technical textiles is expanding, India must continue to rely on imports if it does not invest. The Office of the Textile Commissioner has been cooperating with other organizations to carry out various activities to raise market awareness. Cooperative organizations include textile research institutions and the Non-woven Textile Association, as well as cooperation with the United States. Some large textile companies are looking for opportunities to invest in technical textiles. The investment scale in the next 2-3 years may be between 20 billion rupees and 30 billion rupees. She said that within 1-2 years, the technical textile industry will rise. This field is a knowledge-based field, so people must communicate with each other. In order to facilitate access to information, India will establish an advanced research center in the Textile Research Association. The South India Textile Research Association will establish an advanced research center for medical textiles, the North India Textile Research Association will establish an advanced research center for production textiles, the Bombay Textile Research Association will establish a biological textile research center, a comprehensive and artistic silk textile mill research association, and man-made textile research. The association will establish an agricultural textile research center. Regarding the funding arrangements for technology upgrades, Singh said that the bank has begun to receive project proposals under the revised arrangements. These recommendations are concentrated in the areas of technical textiles, processing and garment production.