AIM:
To establish India as a global leader in technical textile and increase its use in the domestic market.
FEATURES:
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- Implementation period: FY 2020-21 to 2023-24.
- Target: To increase domestic market size from $40 to $50 billion by 2024 with average growth rate of 15-20% per annum.
- Focus: To develop its usage in various flagship missions including strategic sectors and facilitate market development.
- It has 4 components:
| Research, Innovation and Development | The research activities based on pooled resource method and conducted in various labs. |
|---|---|
| Promotion and Market Development | To increase penetration of technical textile through market promotion, market development, international collaborations etc. |
| Export Promotion | An Export Promotion Council be setup for effective coordination and promotion activities. |
| Education, Training, Skill Development | Promote technical education at higher levels to ensure adequate pool of highly skilled manpower resources. |
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- Establishment of Mission Steering Group to approve all financial norms pertaining to mission.
- Empowered Programme Committee to oversee execution of various components.
