INDIA: Double-Digit Growth of Nonwoven, Technical Textile Industry in India

Texas Tech University researchers predict a yearly growth of 13.3 percent for India’s  nonwoven and technical textile industry, which is more than twice the annual 5 to six percent expected growth patterns in the United States and Europe.

The study, done at the Nonwoven and Advanced Materials Laboratory at The Institute of Environmental and Human Health, was conducted by Seshadri Ramkumar, an assistant professor and expert in the field of nonwoven fabric technology, and by Appachi Arunachalam, a visiting scholar from India. It measured growth opportunities of the nonwoven and technical textile industry in India.

Their findings, contained in a report titled India Rising: Opportunities in Nonwovens and Technical Textiles, show the growth and potential of India’s technical textile industry and the consumption of nonwoven technical textiles from 2007-2050, which is derived from gross domestic product growth data using World Bank Statistics.

This study was published in leading international textile magazines such as Nonwovens Industry and Textile World Asia. It coincides with the effort of the Government of India to create a National Technological Mission to spearhead the development of the technical textile industry in India.

“In this era of globalization, such a study will be useful for the U.S. textile industries to seek joint ventures and collaboration with the emerging market,” Ramkumar said. “By 2035, the growth rate of the nonwoven and technical textile industry will be exponential. However, with the new government initiatives in India, the growth rate will be much faster. The report highlights the growth pattern and government initiatives such as the Technology Upgradation Fund Scheme and Special Economic Zones.”

Already, Ramkumar said India has initiated steps toward the establishment of four centers of excellence: medical textiles, geotextiles, agrotextiles and protective textiles. This offers a business opportunity for U.S. and European textile industries to expand and seek new markets. Players such as North Carolina-based Glen Raven and Finland-based Ahlstrom are utilizing this new opportunity.

For the past four years, researchers at the laboratory have worked to bridge the nonwoven and technical textile industry of developed economies such as the U.S. and the emerging economy such as India.

Texas Tech University will organize the fifth annual Advances in Textiles, Machinery Nonwoven and Technical Textiles –ATNT 2008 conference, which runs July 14-16 in Coimbatore, India. The conference fosters relationships between the textile industry of developed economies and India.

Send your News/Releases for publication to [email protected]
Added: May 22, 2008 Source: Agencies
Start script - 1519488704.3279 Start news id check - 1519488704.3279 After news id check - 1519488704.3282 After cookie_code - 1519488704.9217 Before news detail - 1519488704.9217 After news detail - 1519488704.9223 Start cat select - 1519488704.9224 After cat select - 1519488704.9226 before preg replace - 1519488704.9227 After preg replace - 1519488704.9227 Before tag engine - 1519488704.9227 After tag engine - 1519488704.9263 Before mptt engine - 1519488704.9263 After mptt engine - 1519488704.9263 Before related engine - 1519488704.9263 After related engine - 1519488704.9268 Before update hits - 1519488704.9269 After update hits - 1519488704.927 After update news_hits - 1519488704.9278 After mem_only_views - 1519488704.9278 -------------------------------------------------- Total Exec time:- 0.59999990463257
AddThis Social Bookmark Button   Tell a friendBookmark AddThis Feed Button
Related News:

Website design by InWiz • © - 2000-2018. Internet Wizards All rights reserved. About usTerms & ConditionsDisclaimerPrivacy policy • 24-02-2018