Introduction:
In the recent past, India offered enormousexcitement for the US and European technical textiles sector. They all eyed India as an immediate new market offering enormous opportunities. Indias growth is expected to be around 8% in the years ahead and should be watched as agrowth market. However, the landscape is not mature enough yet for the entire segmentof the Nonwoven and the technical textiles industry of the developed world tostart having tremendous business opportunities. Indias government and thetextile industry are certainly optimistic for the growth in the technicaltextiles sector. This will be a welcoming sign for the US and European manufacturers who are eyeing on new growth markets. This article brieflywill elaborate on the current textile industry scenario, need fordiversification into Nonwoven and technical textiles sector, policy schemes andwhere there are immediate opportunities.
About the Author
The Author is Professor at Texas Tech University focusing onNonwoven and technical textiles.He also serves as the Co-chairman of the IndiaCommittee of the USA based Association of the Nonwoven Fabrics Industry,popularly known as INDA
This article was originally published in the magazine