It is an exciting time for the Indian textile industry: Dr. Seshadri Ramkumar
Dr. Seshadri Ramkumar is Assistant Professor at Nonwoven and Advanced Materials Laboratory, Texas Tech University, Lubbock, TX, USA. He is also Co-Chairman of INDA-India Committee, INDA, USA. He has come to India to promote Nonwoven Fabrics Industry.
Dr. Seshadri Ramkumar delivered his speech at the INDA-India inaugural workshop on nonwovens on January 4, 2007 at Textiles Committee Auditorium, Mumbai. BharatTextile.com quotes his complete Speech here.
It is an exciting time for India and the Indian textile industry. India is flexing its muscle in the international stage by exhibiting its IT powers
Indian Textiles and Information Technology. Indian textile industry is strong in all fronts of conventional sectors from fiber to fabric. India has one of the world’s leading polyester staple fiber producers; cotton production in 2006-07 is expected to reach 270 lakh bales, which will position India in the second place in global cotton output ahead of the United States and India is a leading exporter of apparels and home textiles. All these figures are very encouraging, but come with a caveat: China! In all these cases, Indian elephant is lagging behind the China dragon. The figure is very alarming in nonwovens. Currently, India produces only 35,000 tones per annum whereas China’s output per annum is over 7.5 lakh metric tones.
It is necessary for India to race against China, particularly in textiles as the Indian textile industry is vital for the growth of economy and manufacturing in India. It is the largest breadbasket next to agriculture and a major foreign exchange earner. The overall growth of the Indian textile industry beyond the conventional fiber-garment sectors is much needed to fulfill the targets laid out in the 11th five-year plan.
The 11th five-year plan calls for the GDP growth to be in double digit by 2012 from the current 8.5% growth. China had already achieved a growth of 9.9% a couple of years back. More importantly, the manufacturing sector is expected to grow at a rate of 12-14% during 2007-2012. To achieve this target set by the National Manufacturing Competitive Council of India, contribution of the Indian textile industry is a must beyond the traditional regimes.
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