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Technical textiles - The next big growth story
Apr '09
The technical textile sector can be compared with the Argentinean dance, Tango. Surprising, isn't it? This dancing needs two people, and requires flexibility and harmony from both; to make it elegant. Similarly, technical textile field refers to growing or following a lead, which is a definite need for the Indian technical textiles industry.

The industry consists of woven, knitted, non-woven and composite sectors. In India, the sector is fragmented, highly protective and very embryonic. Woven and non-woven sectors lead the composite sectors. Knitting sector is streamlined, enabling further diversification. Existing resources can be improvised to develop new market for defense textiles. Non-woven is at the nascent stage in India.

Growth of the technical textiles industry is directly related to the growth in the GDP. India will witness growth in service, manufacturing and agriculture sectors due to the growth in population and in particular, the middle class.

This growth will lead to the need and consumption of life-style enhancing products such as nonwovens and technical textiles. Global recession is predicted to recover in the early 2010. Indian textile industry should gear up to look for new growth opportunities in the field of technical textiles.

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Fibre2fashion News Desk - India

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