New Delhi: The Union Cabinet on Wednesday approved the signing of a Memorandum of Understanding (MoU) between India’s Textiles Committee and Nissenken Quality Evaluation Centre, Japan to improve quality and testing of Indian textiles and clothing for the Japanese market.
“The MoU would enable Nissenken Quality Evaluation Centre, Japan in assigning Textile Committee as their cooperative Testing and Inspection service providers in the Republic of India for Textiles & Apparel products including Technical Textiles,” the government said in a statement.
Technical textiles are meant for non-aesthetic purposes, where function is the primary criterion.
India accounts for about 4% of the global market for technical textiles. The ministry of textiles estimates the technical textile industry in India will grow to about Rs 2 lakh crore by 2020-21 from over Rs 1.16 lakh crore in 2017-18. Technical textiles account for about 12% of India’s textile market, compared with 20% in China.
The MoU will facilitate Indian exporters to meet the requirements of Japanese importers as per their technical regulations, and boost Indian textiles and apparel exports including technical textiles to Japan. India exported textiles worth $300 million in FY20.
As per the statement, any other products mutually agreed upon at a later date for both domestic and overseas buyers, could get included.
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