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 while addressing a technical textiles event organised by Ficci, the minister stated that the government is fully-dedicated in the development of the technical textiles industry of India and has taken various steps such as the launch of National Technical Textiles Mission, PLI Scheme for MMF Fabric, MMF Apparel and Technical Textiles, etc.
Highlighting the key initiatives taken under the National Technical Textiles Mission (NTTM) Singh stated that 156 research projects have been sanctioned including development of Carbon fibres and support to startups under