With the domestic production of textiles at $110 billion and exports and trade at $40 billion, the country’s production of textiles at present is worth $150 billion. The Textile Ministry is targeting to double textile production and trade to $300 billion by 2025, said Textile Commissioner Kavita Gupta on Friday.
At the inaugural function of the regional office of The Synthetic & Rayon Textiles Export Promotion Council at the Southern India Mills Association premises here, she said that to achieve the set target, the productivity and yield levels of both cotton fibre and synthetic will have to be stepped up.
Cotton fibre production stands at 6.5 billion kg and synthetic at 2.5 billion kg, taking the total fibre availability to 9 billion kg. This has to double to keep pace with the 2025 textile production target.
On export of textiles, the increase was not much and requested the industry to look at value-addition and technical textiles.
Kavita Gupta added that the journey of cotton and synthetic blends would go hand in hand in the years to come.
Responding to a query on cotton scenario, she said that they are extremely comfortable. Domestic price of the fibre is lower than international prices.
She said that Indian cotton has the highest intrinsic value and appealed to the trade to ensure that the fibre is contamination-free and not adulterated. Only clean fibre can be sold at a premium.
Zhejiang Yanpai Filter Technology has placed a new order with Andritz for two additional high-performance needlepunch production lines.
Sunrise has started building a textile factory in Morocco through its newly formed subsidiary, Euwen Textiles. Construction has begun in…
Tendam, in partnership with the University of Design, Innovation and Technology, has released a new study examining the carbon footprint…
Researchers from Latvia have identified mycelium-based insulation as the most promising reuse option for fast-fashion textile waste.
A breakthrough has revealed a new way to convert PET from plastic bottles and synthetic textiles into key components used…
The proposed India–New Zealand Free Trade Agreement (FTA) is expected to significantly strengthen Indian exports.