India, led by Smt Darshana Vikram Jardosh, Hon'ble Minister of State for Textiles & Railways, is poised for success in sports textiles, fueled by significant growth prospects. Key government initiatives like Khelo India, Fit India Movement, and Target Olympic Podium Scheme will greatly propel the adoption of sports textiles nationwide.
To further strengthen the industry, the government has introduced flagship interventions such as the National Technical Textiles Mission (NTTM), Production Linked Incentive (PLI) scheme, and PM Mitra Park initiative. These initiatives aim to expand the scale, size, and integration of textiles and technical textiles in India, offering technical textiles companies the opportunity to establish plug-and-play manufacturing plants.
Emphasizing the importance of developing the sportech sector to meet domestic demands with high-quality, locally produced products, Smt Darshana Vikram Jardosh highlights the need for collaboration among stakeholders to foster synergy and create a concrete roadmap for future growth.
The recent National Conclave on Sportech, organized by the Ministry of Textiles in partnership with ITTA and WRA, showcased market size, consumer expectations, innovations, and research in sports textiles and accessories. The event witnessed participation from over 300 industry leaders, experts, and government representatives, reflecting the growing interest in the sector.
With dedicated efforts from the Indian government, rising health consciousness, and the hosting of major sports events, India is well-positioned to harness the immense potential of the sports textiles market.