Features

Nonwovens & Technical

May 6, 2010

Textiles In India

Nonwovens & Technical

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Textiles In India

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by Seshadri Ramkumar, Nonwovens & Advanced Materials Laboratory, Texas Tech University

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rnIn the recent past, India offered enormous excitement for the U.S. 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 U.S. 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 the nonwovens and technical textiles sector, policy schemes and where there are immediate opportunities.
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