International Conference on Technical Textiles on May 29

01 May '09

8 min read

Moreover, the same technology can manufacture diversity of products. For example, spunlace nonwoven manufacturing technology can manufacture products ranging from wipes to fabrics for sanitary napkins, to fabrics for automotive industry.

While catering to the domestic market, manufacturers are increasingly looking forward to export Technical Textile products as well as source private labels to international brands. Relationships and understanding with the International players has become vital in this scenario.

In the current economic situation, Indian players have also started looking forward for synergies with the companies in the developed markets. Acquisitions will create global footprint and help the companies to flourish.

Opportunities:
The opportunities in the Technical textile sectors are enormous.
•Geotech: The Government of India (GOI) has laid out a plan for the development of roads and railways in near future.
•Meditech: Hospital beds are expected to increase by about 10-12% and medical tourism to grow by 20-25% over the next couple or years.
•Mobiltech: Due to increased production of automobiles in India, the consumption of technical textiles is bound to increase.
•Builtech: The consumption in the Builtech sector is reinforced by the infrastructural development.
•Packtech: With the ban on polymeric carry bags in cities such as Chandigarh, the consumption of spunbond nonwoven carry bags will witness increase and is major growth driver for Packtech sector.
•Sportech: With the apparel brands offering special fabrics for sportwear, the Sportech sector is bound to increase.
•Indutech: The industrial development and need of filters in home influences growth of the Indutech sector.
•Clothech and Hometech: Hometech and Clothech sector is witnessing growth because of more buying at the retail end. India has an advantage of large and educated middle class consumers, which are expected to increase from 300 million to 520 million in the next 5 years.
•Agrotech: Farmers, nurseries and institutions have started looking forward to these products.

Technical Textiles have a huge potential in India. This potential has to be realised by Indian and foreign investors by making suitable investments in this high profit, high potential and high demand sector. India has to take its due position in the Global Technical Textiles market by becoming a net exporter in the coming years.

A lot needs to be done at the government level, industry level and by financial and educational organisations to expedite the growth of this industry. The potential of technical textiles in India is still untapped and this huge potential of Technical Textiles has to be realized by Indian and foreign investors by making suitable investments in this better return and untapped demand sector.

Government schemes like TUFS and National Technology Mission on Technical Textiles are some of the initiatives taken by the Government to boost the growth of Technical Textile Manufacturing business in India. However more is required to be done and the time has come for both the Government and the Industry to come together so that Indian Technical Textile industry is able not only to cater to the needs of the domestic market but also to become a major exporter of Technical Textile products. The various issues that need visibility and realization are:

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