Carbon fibre will be produced by India in 2025-26: Textile minister Giriraj
Union Textiles Minister 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.
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