India, which is rising and moving ahead with significant possibilities in every sector, has begun to grow exponentially with rising opportunities in the nonwovens and technical textile industry. The country has implemented several positive programs at the central government level for supporting the development of its nonwovens and technical textiles industry. One of the major support scheme launched the National Technology Mission for Technical Textiles is expected to be implemented during the 11th five-year plan with an aim to develop the technical textile industry with a $170 million budget. The country's textile industry offers the second highest employment leading the government to support the growth of the textile industry, particularly nonwovens and technical textiles. The Technology Upgradation Fund, launched in 1999 to encourage the under-developed sectors of the textile chain, also provides 10% capital subsidy upfront for new projects that involve advanced machinery in technical textiles.
|Number of pages||5|
|Specialist publication||Nonwovens Industry|
|State||Published - Feb 2008|