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Industrial Textiles - Upcoming & lucrative sector
17
Apr '09
Textile industry in China has gone through a period of drastic changes with an annual growth rate of over 18%. Industrial exports occupy 30% of the total outputs, while export of non-woven occupies 13% of the total yield.

The Chinese Government keeps encouraging the export of industrial textile by the way of keeping the export rebate higher than that of conventional textiles.

The competitive ability of industrial textile has kept on rising in the last five years, but still remains comparatively behind, over other products.

The National 11th five-year plan, estimates the development goal of annual output for industrial textiles in 2010 to be around 6000 thousand tons.

The sector has enormous potential for growth by optimum utilization of the available opportunities, and upgrading of the industrial structure.

Environmentally friendly approaches in steel, metallurgy, chemical engineering, cement and coal industry and requirements and norms for filter bag and dust settling pockets offers more potential markets for industrial textiles.

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Fibre2fashion News Desk - India


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