National Technical Textiles Mission (NTTM)

NTTM aims to increase the penetration level of technical textiles in India.

National Technical Textiles Mission (NTTM)

About National Technical Textiles Mission (NTTM):

What are Technical Textiles?

  • Technical Textiles are textile products which are manufactured primarily for their functionality and use rather than the aesthetic appeal.
  • These products are broadly classified into 12 different categories- Agrotech, Oekotech, Buildtech, Meditech, Geotech, Clothtech, Mobiltech, Hometech, Sportstech,Indutech, Protech, Packtech.

Technical Textiles Mission in India

  • The Ministry of Textiles has launched NTTM to increase the penetration level of technical textiles in India while leveraging the extraordinary growth rate of the sector.
    • The Indian Technical Textiles Sector has an Annual Average Growth Rate (AAGR) of 12% which is three times the world average of 4%.
  • The aim of the mission is to position India as a global leader in Technical Textiles.
  • The mission will comprise of the following four components:
    • Research, Innovation and Development
    • Promotion and Market Development
    • Export Promotion
    • Education, Training, Skill Development
  • Implementation: The NTTM has been approved with an implementation period of four years starting from FY 2020-21 till FY 2023-24. The total outlay of the mission is INR 1480 Cr.
  • Target: The Mission has a target to take domestic market size of technical textile sector to $ 40-50 Bn by the year 2024 with an average growth rate of 15-20% per annum.

 


Source PIB

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