INDIA’S TECHNICAL TEXTILE SECTOR STRUGGLES TO GROW, BUT THE POTENTIAL IS VAST
April 1st, 2013
INDIA’S technical textile industry is encountering some serious obstacles as it tries to meet its government’s ambitious expansion targets, but optimism still prevails.“Technical textile usage in the country is only 10-15% of total textiles,” said Shashi Singh, executive director of the India Technical Textile Association, “But India is a big market and we are creating awareness about this nascent industry.”India’s ministry of textiles values the Indian market for technical textiles (during 2012) at USD11.7 billion, and it has been growing 11% per ...
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