India technical textile exports will cross the target of $10 bn set for 2030, Textiles Minister Giriraj Singh said, adding that the country will soon produce niche carbon fibre which is used in aerospace, civil engineering and defence. At present, India does not produce any carbon fibre and relies on imports from the US, France, Japan and Germany.
“The coming days belong to technical textiles in every sector… I am confident that in 2025-26 the niche carbon fibre product will also be with India,” Singh said at a technical textiles event organised by Ficci.
Referring to “balanced imports” in the hygiene sector, Singh said: “Earlier we used to import diapers but thanks to the production-linked incentive (PLI) scheme which has created excitement in the industry”.
He said that 156 research projects have been sanctioned under the National Technical Textiles Mission (NTTM) including development of Carbon fibres and support to startups under different areas of technical textiles.
There same event, textiles secretary Rachna Shah emphasized the push for BIS standards, inter-ministerial collaboration, partnerships with states and addressing infrastructure gaps to attract foreign direct investment to achieve the target of $10 billion technical textile exports by 2030.