Page 27 Working group TEI Strategy 2.3 Textile engineering industry vision & policies : India vs China (1 of 2) Thurst Areas China(2010-15)India(2012-17) 1)Intensifying fundamental research in textiles to play a leading role in proprietary high and new technology core technology in hi-tech fiber development and application advanced textile equipment R&D and manufacturing 2) Catching up with leading level in key processes,technology and equipment; 3) Meeting statutory standards in energy saving and effluent reduction;enabling large scale implementation of clean production and establishing low carbon,green,re-cycling 4)Ensuring that key enterprises(top one-third of above-scale enterprises) with strong capacity in proprietary innovation will have complete technology and product R&D and test centres as well as staff teams of highly qualified professional and innovative employees.
{"Image DocumentName": "Vision for Five Year Plan", "Image ImageDescription": "2.3. Strategy. Textile engineering industry vision & policies: India vs China. Vision for Five Year Plan. China( ) India( ) To be the No. 1 textile machinery producer in the world by Current size of the industry(2010): US  13 bn of which exports US 1.7 bn(13%) Level of integration : Presence in all segments. Share of technical textiles to be increased from 20% (2010) to 25%(2015),with focus on non-wovens. Share of man-made fibres in total processed fibres to be increased from 70%(2010) to 76%(2015) with. Increase in production of knitted fabrics envisaged. Overall, by the end of the 12th Five Year Plan period(2015),key processes, technology and machinery of Chinese textile industry are expected to occupy a leading rank in the world with CAGR of 10% Strong presence of state owned giant enterprises across textile engineering segments. To meet 70% of the local demand for textile m/c\u2019s by Current size of the industry(2010): US  1.4 bn of which exports Rs.140 mn(10%) . TEI meets 50% of local demand. Level of integration : Current dominant in spinning mainly. Industry is cotton dominant(70%) For the textile machinery sector an annual growth target of 15% is envisaged. Focus to attract FDI in hi-tech areas to expand capacity and upgrade technology , particularly weaving and processing. Industry is private sector driven with 80% MSME ownership.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}