Abstract:
Global economy graph shows a sluggish trend due to the prevailing recession in US and many other countries in the EU. Moreover the financial turmoil inthe US market has influenced the downturn in demand for textiles and clothingin US and Europe. Despite the profits of the post-quota period, textileindustry in India and China has declined. Industry experts suggestdiversification, along with value addition as the demand for the day. This presentation guides us with an overall picture of the nonwovens sector and will tie-in with theopportunities for the Indian textile industry for growth and diversification.