Home / Knowledge / News / Textiles / Provide impetus to medical textiles – FICCI tells Govt
Provide impetus to medical textiles – FICCI tells Govt
02
Sep '09
The consumption of medical textiles is growing in India and is likely to cross Rs 2,200 Crore by 2012-13, against Rs 1,500 Crore in 2007-08 according to an estimate made by the FICCI Task Force on Technical Textiles.

The consumption of medical textiles is shooting up and the Government should provide a capital subsidy to develop this highly potential sub-sector of technical textiles, said the Chairman of the Task Force, Mr Shishir Jaipuria.

He said, the main issue was whether the country should continue importing new generation medical textiles in huge volumes or provide impetus to domestic companies to manufacture the same in India.

The Task Force has suggested that the government should provide 25 per cent capital subsidy to domestic companies involved in production of medical textiles, instead of five per cent interest subsidy under the technology up-gradation fund.
It has also advised the government to promote use of disposable bandages and other such specialised medical garments for the safety and hygiene of patients in the country.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd May 2017

GST to be biggest achievement of Modi govt: ASSOCHAM

Goods and Services Tax (GST) which is near a roll-out would be the...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Apparel/Garments | On 22nd May 2017

Retailers ask Congress not to go for consumption tax

The National Retail Federation has asked US Congress to focus on...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search