Tamil Nadu Targets Rs 1,000-Crore Technical Textiles Investment By 2030
The Tamil Nadu government has set a target of attracting Rs 1,000 crore in investments in the technical textiles sector by 2030, with a focus on expanding manufacturing capacity and promoting MSME participation in high-value textile segments.
Announcing the initiative at a technical textiles conference in Coimbatore, the state government said the investment drive will prioritise functional textiles for the automotive, healthcare, sports, agriculture and construction sectors.
As part of the initiative, industries signed Memoranda of Understanding (MoUs) worth Rs 123 crore, with the proposed manufacturing units expected to become operational by the end of 2026.
The state also plans to establish at least five new technical textile manufacturing units across its four major regions over the next three years. In addition, a Centre of Excellence for athleisure products will be set up to support product development, innovation and skill enhancement in the sportswear segment.
Tamil Nadu currently exports textiles worth around US$8 billion annually, and the government aims to strengthen the sector’s contribution towards India’s higher textile export ambitions by expanding value-added manufacturing.
Industry representatives at the event called for additional policy support to accelerate investments. The Southern India Mills’ Association (SIMA) recommended converting the existing interest subvention for technical textile projects into a 15% capital subsidy and urged the government to introduce measures to strengthen the textile processing segment.
The conference highlighted technical textiles as one of the fastest-growing segments of the textile industry, driven by rising demand across industrial and infrastructure applications and supported by favourable government policies.
