Abstract:

Global economy graph shows a sluggish trend due to the prevailing recession in US and many other countries in the EU. Moreover the financial turmoil in the US market has influenced the downturn in demand for textiles and clothing in US and Europe. Despite the profits of the post-quota period, textile industry in India and China has declined. Industry experts suggest diversification, along with value addition as the demand for the day. This presentation guides us with an overall picture of the nonwovens sector and will tie-in with the opportunities for the Indian textile industry for growth and diversification.

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