Home / Knowledge / News / Textiles / Hygiene & feminine care to drive growth in nonwovens
Hygiene & feminine care to drive growth in nonwovens
08
May '10
Dr Seshadri Ramkumar, Texas Tech University has given prognosis about the Indian technical textiles sector. In the recent past, India offered enormous excitement for the US and European technical textiles sector. They all eyed India as an immediate new market offering enormous opportunities. India's growth is expected to be around 8% in the years ahead and should be watched as a growth market. However, the landscape is not mature enough yet for the entire segment of the nonwovens and the technical textiles industry of the developed world to start having tremendous business opportunities. India's government and the textile industry are certainly optimistic for the growth in the technical textiles sector. This will be a welcoming sign for the US and European manufacturers who are eyeing on new growth markets. This article briefly will elaborate on the current textile industry scenario, need for diversification into nonwovens and technical textiles sector, policy schemes and where there are immediate opportunities.

Indian Economy and Growth Scenario
According to the recent Global Economics Prospects report by the World Bank, Indian economy is expected to grow at a rate of 7.5-8% during 2010-12. In addition, according to this report, FDI inflows are expected to grow due to India's efforts to relax investment limits in some sectors and the simplification of foreign direct investment procedures. This growth number was most recently echoed by the Indian Prime Minister Dr. Manmohan Singh during his Nuclear Security Summit meeting with the US President Obama. An important observation from the Prime Minister's remark which will be of particular interest to the industry is that India encourages global free trade and is against protectionist approaches. This policy will help our industry to start dialogues with Indian companies for new joint ventures, investments and trade opportunities.

India's rising middle income population will fuel the domestic consumption of products such as hygiene and feminine care which will be the drivers for growth for the nonwovens and technical textiles (NWTT) industry. The Asian Development Bank (ADB) in its latest report, “The Asian Development Outlook 2010,” has stated that the strong domestic consumption and the growing investments will put India's economy in the growth trajectory. ADB emphasizes the importance of domestic consumption and infrastructural investments on the growth of Indian economy, meaning more opportunities for the technical textiles industry.

Status of the Indian Textiles Industry
India's textile industry is a conventional industry dominated by cotton. According to a recent report by the Ministry of Textiles, India, there are 1834 textile mills with an installed capacity of 37 million ring spindles, 489,718 rotors and 56,526 looms. Compared to the capacity of the conventional textile industry, the nonwoven roll good production is between 80,000 and 100,000 metric tons. Textiles industry, which includes the nascent technical textiles sector, contributes 4% to the GDP and 14% to the industrial production. The two main reasons which make the Indian textiles industry strong are: 1) export earnings and 2) employment opportunities. India's textiles industry employs some 35 million people directly and contributes 17% to the total export earnings of the country.


Must ReadView All

Serbian economy minister Goran Knezevic (left) and Taypa president Mesut Toprak after signing the MoU. Courtesy: Serbian Government/SeeNews

Textiles | On 20th Oct 2017

Turkish group Taypa to build textile factory in Serbia

Turkish textile group Taypa will invest euro 35 million ($41.2...

China’s textile & apparel exports rise 4.3% in Sept ’17

Textiles | On 20th Oct 2017

China’s textile & apparel exports rise 4.3% in Sept ’17

Registering an increase of 4.3 per cent year-on-year, the exports of...

Courtesy: Messe Frankfurt

Textiles | On 20th Oct 2017

Heimtextil to focus on textile solutions for architects

Heimtextil 2018, world's leading trade fair for home and contract...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Silke Brand-Kirsch
Schlegel und Partner

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

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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

October 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
77.9%
No
13.2%
Skip
8.8%

Total Votes: 68

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
61.8%
No
27.9%
Skip
10.3%

Total Votes: 68

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
85.3%
No
10.3%
Skip
4.4%

Total Votes: 68

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
75.0%
No
11.8%
Skip
13.2%

Total Votes: 68


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