Report on Technical Textiles sector, outlining the global & Indian scenario, besides key growth drivers & way forward for promoting the sector in India.
The report on the technical textile sector was unveiled during Technotex 2019, summit organised by Ministry of Textiles, Government of India. The report focuses on specific perspectives related to the development of Indian technical textile sector such as trade scenario, market opportunities, key growth drivers and way forward. The section on global scenario highlights the market size, key international markets and major technical textile sub-segments. Indian scenario elaborates on domestic market size, growth rate, technical textiles trade analysis and growth drivers. SWOT analysis on the technical textiles is a snapshot of the prevailing scenario in the technical textile sector. Importance of joint ventures in Indian context has been highlighted for setting up infrastructure for high-value functional products. The last section on way forward elaborates on key steps to be taken by the industry and the Government alike for achieving the true potential of Indian technical textile sector.
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