Home / Knowledge / News / Textiles / Domestic consumption of technical textiles to be increased
Domestic consumption of technical textiles to be increased
12
Aug '09
The domestic market size of technical textiles in the country is expected to grow at the rate of 11% per annum and will reach Rs. 66,414 crore by 2012, which is about Rs. 37,115 crore at the moment, Thiru. Maran, textiles Minister, said this at the curtain raiser function of 'Technotex-2009'here today.

He said that the global market size of the technical textiles industry which was US $ 107 billion in 2005 is also expected to increase to US $ 127 billion by next year..On the occasion, Thiru. Maran also launched the website 'www. technotex.gov.in' to cater the information need of the technical textiles in the country.

The segment has a potential to attract investment and create additional employment opportunities in coming years, said Thiru Maran. We expect investment of Rs.5,000 crore by 2012, and employment, which is approximately 9 lakh at present, to increase to 12 lakh by 2012, said the Textiles Minister.

The Minister said that the technical textiles represent a multi-disciplinary field with numerous end use applications, and it has penetrated all areas of economic activity like aerospace, agriculture, sports, defence, construction and medical. Based on their end use applications technical textiles are grouped into twelve segments, viz. Agrotech, Buildtech, Clothtech, Geotech, Hometech, Indutech, Meditech, Mobiltech, Packtech, Protech, Sporttech and Oekotech. Technical textiles provide not only better hygiene, safety, durability and comfort to consumers but are cost effective in the long run. The life cycle cost of technical textiles is lower than the traditional materials and textiles, said Thiru. Maran.

The Textiles Minister also informed that India is the second largest textiles economy in the world after China, however, its contribution to the global technical textiles market is insignificant. The technical textiles industry has immense potential in the developing countries, particularly in China, Japan, Korea, Taiwan, and India.The changing economic scenario in these countries will boost the demand for technical textiles, said the Minister. Considering our highly skilled and scientific/technical manpower and abundant availability of raw material, we can emerge as a key player in the technical textiles industry, said Thiru. Maran.

The percentage of indigenous production varies drastically across various products, we are the largest producer of Packtech, Clothtech, Hometech and Soprttech segments of technical textiles. These products are typically commodities which are not very R&D intensive such as flexible intermediate bulk containers (FIBCs), tarpaulins, jute carpet backing, hessian, fishnets, surgical dressings, crop covers, said Thiru. Maran.

Unlike conventional textiles, which is highly export intensive, the technical textiles are import intensive.We annually import technical textiles worth Rs. 4,000 crore mainly from China, Malaysia, Hong Kong, Thailand, Germany and Italy said Thiru. Maran Many products like baby and adult diapers, polypropylene spunbond fabric for disposals, wipes, protective clothing, hoses, webbings for seat belts are largely imported. There are some large domestic players like SRF, Entermonde Polycoaters, Kusumgarh Corporates, Supreme Nonwovens Pvt. Ltd., Garware Wall Ropes, Century Enka, Techfab India Ltd., Pacific Non Woven, Vardhman, Unimin, and a few Multi National Corporations (MNSs), viz., like Johnson & Johnson, Du Pont, Procter & Gamble, 3M, SKAPs, Kimberly Clark have set up manufacturing facilities in India, said Thiru Maran.

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search