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Technotex 2023

Technotex 2023:

India’s premier show on Technical Textiles – ‘Technotex 2023’ will be held in Mumbai from 22nd to 24th February 2023.

  • The event is being organized by the Ministry of Textiles in collaboration with Federation of Indian Chambers of Commerce Industry, under National Technical Textiles Mission (NTTM).
  • Technotex 2023 offers a good opportunity for Startup Entrepreneurs who represent the fastest-growing category worldwide.
  • The Government is making all efforts to promote Technical Textiles and has undertaken various initiatives in this direction, such as creation of PLI scheme, HSN Codes, National Technical Textiles Mission.
  • Technical textiles are defined as textile materials and products used primarily for their technical performance and functional properties rather than their aesthetic or decorative characteristics.
  • As a component or part of another product, they are used to enhance the strength, performance or other functional properties of that product.
  • These products are broadly classified into 12 different categories- Agrotech, Oekotech, Buildtech, Meditech, Geotech, Clothtech, Mobiltech, Hometech, Sportstech,Indutech, Protech, Packtech.
  • Technical textile accounts for approximately 13% of India’s total textile and apparel market and contributes to India’s GDP at 0.7%.