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

15 trade associations urge nations to safeguard WTO system

Apparel/Garments | On 15th Dec 2017

15 trade associations urge nations to safeguard WTO system

Fifteen trade and industry associations from across the world have...

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Apparel/Garments | On 15th Dec 2017

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Strategic location, modern factory facilities and proximity to the...

American Merchant to invest $19.9 mn to start Bristol plant

Textiles | On 15th Dec 2017

American Merchant to invest $19.9 mn to start Bristol plant

American Merchant, Inc., a subsidiary of Merchant House International ...

Interviews View All

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Urmil Arya

Sushila International, a well established textile organisation established ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Igor Chapurin
Chapurin

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Silvia Venturini Fendi
Fendi s.r.l

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

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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search