India to quickly launch scheme centered on MMF, tech textiles

2020/11 06 09:11

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India will quickly launch a scheme centered on man-made fibres (MMF) and technical textiles section, in accordance with textiles secretary Ravi Capoor, who lately informed a digital occasion organised by the Confederation of Indian Trade (CII) that the federal government can also be taking a look at establishing a particular export promotion council to advertise the technical textiles section.

The production-linked Targeted Product Scheme’s emphasis is deliberate, he mentioned.

Capoor additionally urged the home gamers to deal with the highest 10 technical textile traces globally constituting about $82 billion, during which India’s share is a miniscule zero.6 per cent. Big advantages will likely be provided to kick-start these technical textile traces, he was quoted as saying by a information company.

Capoor had earlier mentioned the proposed Targeted Product Scheme goals to advertise each greenfield in addition to brownfield investments within the specified segments.

Fibre2Fashion Information Desk (DS)


India will quickly launch a scheme centered on man-made fibres (MMF) and technical textiles section, in accordance with textiles secretary Ravi Capoor, who lately informed a digital occasion organised by the Confederation of Indian Trade (CII) that the federal government can also be taking a look at establishing a particular export promotion council to advertise the technical textiles section.




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