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Carbon fibre will be produced by India in 2025-26: Textile minister Giriraj

Business Standard LogoBusiness Standard5h ago

Carbon fibre will be produced by India in 2025-26: Textile minister Giriraj - Business Standard

Quick Summary:

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.

I am fully confident that in 2025-26 the niche carbon fibre product will also be with India," Singh told reporters here.

Currently, India does not produce any carbon fibre and relies completely on imports from countries such as the US, France, Japan and Germany.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-06 @ 16:55:20 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 430 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22390616

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 298 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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