'Comprehensive R&D policy vital for Indian textile sector'

Written by Neha Pal | Neha Pal | New Delhi | Updated: Nov 29 2010, 07:46am hrs
There is a need to develop a comprehensive R&D policy for Indian textiles sector to make it fundamentally strong and foray in emerging areas, according to Federation of Indian Chambers of Commerce and Industry (Ficci). The textile sector is the second largest provider of employment after agriculture. Indian textile sector contributes about 14% to industrial production, 4% to the GDP and 17% to the country's export earnings.

According to Ficci, there is a need for formation of National Textile Research Council with participation of government, institutions, academia and industry which will act as a steering committee to initiate and monitor R&D in India.

The chamber suggests that the government could create a national consortium which would bring together various stakeholders in the textile value chain to quickly adopt new technologies.

Ficci is of the view that financial support in the form of Grants for state-of-the-art machines and leading government and government aided engineering colleges to carry out research on latest and emerging technologies. Government should give special incentives for easy adoption of these technologies that reduce carbon footprint.

According to the chamber, there should be ongoing review and evaluation of research work to ensure benefits from R&D to the industry. There should be awareness on the practices and on intellectual property to encourage innovation, says Ficci.

Ficci also feels that there should be some international linkages wherein international experts should be at the board or advisor level in Indian Research Institutes. There should be signing of MOUs with leading international research institutions for conducting joint research projects.

Apart from this, the chamber suggests to explore and apprise the textile industry about environment management, eco-friendly processing, carbon credit. There should be a special focus on materials that reduce carbon footprint and are obtained fro renewable sources, suggests Ficci.