Interviews
News Flash
Alok Industries forays into production of technical textiles
15 Apr '09
2 min read
Production of technical textiles are slowly but surely firming their presence in the Indian markets and also coming up as an secure alternative to manufacturing of the centuries old traditional textiles for companies across India. As per a study conducted by Technopak, the size of the global market is estimated at US $15.4 billion and that of India at Rs.16 billion and the market is expected to grow further.
The Indian market for technical textiles is now expected to get a boost with the entry of Mumbai based textile conglomerate, Alok Industries Ltd., which is venturing in to various varieties of the fabric segment like stain-guard, anti-bacteria finish, insect repellent, water repellent and flame retardant textiles, based on nano-technology, rolled out with the efforts of an in-house research and development team.
Alok's main stream of revenue is from apparel fabrics, supplied to clothing sector in domestic and overseas markets. As an initiative to diversify the product portfolio in the last 3-4 years, part of the apparel fabrics is made to cater to work wear fabrics. Presently, the workwear constitutes about 15 percent of the apparel fabrics segment and going forward it is expected to grow further with passage of time.
The company has a well equipped laboratory and state of the art facilities right from spinning, weaving, knitting, processing and garments and is capable of meeting the stringent specifications and quality parameters of the workwear fabrics. It has added special machines wherever necessary to cater to this segment. There are other competitive players like Nahar, JCT, Arvind, Vardhman, Royal Mills, S. Kumar, etc.
Alok Industries has a clientele spread across various sectors in the country which includes reputed names and its workwear fabrics have application in Defense, Oil exploration, Hospitals, Hotels, Auto Industry, etc. The sector has emerging and vast opportunities like need for more protective wears, growing consumer awareness and income, up-gradation in hospital and hospitality industry and not the least growing industralisation.
For sales and marketing of the functional fabrics, Alok Industries is in talks with a major foreign brand, which intends to enter the Indian market to launch high-end technical textiles in the country. Alok will be supplying fabrics to this brand.
The Indian market for technical textiles is now expected to get a boost with the entry of Mumbai based textile conglomerate, Alok Industries Ltd., which is venturing in to various varieties of the fabric segment like stain-guard, anti-bacteria finish, insect repellent, water repellent and flame retardant textiles, based on nano-technology, rolled out with the efforts of an in-house research and development team.
Alok's main stream of revenue is from apparel fabrics, supplied to clothing sector in domestic and overseas markets. As an initiative to diversify the product portfolio in the last 3-4 years, part of the apparel fabrics is made to cater to work wear fabrics. Presently, the workwear constitutes about 15 percent of the apparel fabrics segment and going forward it is expected to grow further with passage of time.
The company has a well equipped laboratory and state of the art facilities right from spinning, weaving, knitting, processing and garments and is capable of meeting the stringent specifications and quality parameters of the workwear fabrics. It has added special machines wherever necessary to cater to this segment. There are other competitive players like Nahar, JCT, Arvind, Vardhman, Royal Mills, S. Kumar, etc.
Alok Industries has a clientele spread across various sectors in the country which includes reputed names and its workwear fabrics have application in Defense, Oil exploration, Hospitals, Hotels, Auto Industry, etc. The sector has emerging and vast opportunities like need for more protective wears, growing consumer awareness and income, up-gradation in hospital and hospitality industry and not the least growing industralisation.
For sales and marketing of the functional fabrics, Alok Industries is in talks with a major foreign brand, which intends to enter the Indian market to launch high-end technical textiles in the country. Alok will be supplying fabrics to this brand.
Fibre2fashion News Desk - India
Popular News
Leave your Comments
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
