Synthetic Textiles
Carbon fibre will be produced by India in 2025-26: Textile minister Giriraj
Union Textiles Minister Giriraj Singh on Friday expressed confidence that the niche carbon fibre -- which is used in aerospace, civil engineering and defence as an alternative to metal -- will be produced by India in 2025-26. Currently, India does not produce any carbon fibre and relies completely on imports from countries such as the US, France, Japan and Germany. The European Union's proposed Carbon Border Adjustment Mechanism, a tax on embedded carbon imports, is expected to kick in from 2026. "The coming days belong to Technical textiles in every sector... I am fully confident that in 2025-26 the niche carbon fibre product will also be with India," Singh told reporters here. The minister asserted that after the Narendra Modi-led government came to power, it has "balanced imports" in the hygiene sector. "Earlier we used to import diapers. Thanks to PM Modi for bringing production-linked incentive (PLI) scheme which has created excitement in the industry," Singh said. Earlier w
 "Carbon fibre will be produced by India in 2025-26: Textile minister Giriraj")
Festive order spike brings respite to ailing Surat textile industry
Yet, continual rise in Covid cases remains a worrying sign
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Govt considers making technical textiles must for ministries to boost jobs
Technical textiles are functional fabrics used in multiple industries such as automobile, construction, and agriculture
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High crude oil prices, weak rupee to make synthetic textiles costlier
Operating with a wafer-thin margin, synthetic textile players to pass on the raw material price hike to the consumer
 "High crude oil prices, weak rupee to make synthetic textiles costlier")
