Home / Knowledge / News / Textiles / Ms Sashi Singh calls for investment in technical textiles
Ms Sashi Singh calls for investment in technical textiles
Sep '10
Ms Shashi Singh
Ms Shashi Singh
Central Joint Textile Commissioner, Ms Shashi Singh has urged the private sector investors to divert their funds towards the fast growing technical textile industry, which is expected to be worth Rs. 701.5 billion by 2013, to help the government bring down the prices of essential medical products.

She while addressing a seminar on medical textiles stated that, raw materials for medical products including artificial implants, contact lenses, sanitary napkins, incontinence diapers and baby diapers are bought from foreign countries, which elevate the cost of these items. But, if these items are produced within the country, it would be possible to offer better quality products at reasonable prices, she added.

The official informed that, almost all of the textile components for medical products other than surgical dressings and disposables are imported, and as such are very expensive. However, the costs can be brought down if these items are produced locally, and private sector could greatly contribute to the same, she said.

She further stated that, the technical textile sector which has been registering a CAGR (Compounded Average Growth Rate) of 11 percent per annum, since 2007-08 when it stood at Rs. 417.6 billion, is seen to grow to Rs. 701.5 billion levels by 2012-13.

The meditech textile segment of the technical textile industry has great growth potential and is likely to touch Rs. 24.9 billion by 2012-13, while growing at a compounded rate of 8.3 percent per annum. In 2007-08 the industry's earnings stood at Rs. 16.69 billion.

Smt. Shashi Singh has twenty years of versatile experience in the textile field, and was closely associated with Expert Committee on Technical Textiles and Expert Committee on Textile Policy.

Ms Singh is currently working as the Central Joint Textile Commissioner in the Ministry of Textiles; and is in charge of issues like market access agreements, fiscal policies and technical textiles. She is also in charge of Technology Up-gradation Fund Scheme (TUFS).

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Apr 2017

Fix 5% GST rate for textile goods: Textile bodies

Uniform levy of 5 per cent Goods and Services Tax (GST) on all...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Courtesy: Williamsburg Garment Company

Fashion | On 28th Apr 2017

'We have grown by staying small & maximising efforts'

The easiest way to go out of business is to be too big or expand too...

Interviews View All

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


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