Indian technical textiles can grow at 50% if industry focuses

Govt

Rajeev Saxena, Joint Secretary, Ministry of Textiles and Coordinator of National Technical Textile Mission (NTTM), stated at an international conference on technical textiles that the Indian technical textile industry can achieve CAGR of 50% in the near future as it is a sunrise segment of the nation’s textile industry. According to him, there would be a rapid rise in the demand for technical textiles both in India and around the world, opening up enormous prospects for the sector to expand in India. He did, however, add that there are some obstacles that the industry must overcome in order to take advantage of the potential.

Industry executives and attendees brainstormed on the subject during the one-day conference that PHD Chamber of Commerce and Industry (PHDCCI) sponsored in New Delhi. The inaugural session’s topic’Market Growth, Opportunities, and Challenges in Technical Textiles’ was the topic of the discussion. Speaking during the conference, Saxena stated that India’s share of the global technical textiles market is only 10–12%. On the other hand, in other nations, the penetration rate can reach 70%. It demonstrates India’s ability to expand its export market. Due to development efforts, domestic demand for technological textiles is also rapidly increasing. However, the Indian sector has a weakness due to the lack of high-performance capacity. Other issues that require immediate attention include those related to machine production, skilled labour, and research and development. As there is no room to compromise on its performance, he also paid attention to the quality of the items in the segment. He let the business know that the ministry isseeking to offer financial assistance to engineering schools that are eager to expand their programmes in the field of textile engineering.

Technical textile is a rapidly expanding industry, according to Prof. Abhijit Majumdar of the Department of Textile and Fibre Engineering at the Indian Institute of Technology (IIT) Delhi. Manpower with skill is required. The industry and IIT Delhi are collaborating to provide technical textile professionals. The business sector needs to offer these professionals good working circumstances to keep them.

He said ,”The textile industry now does not offer strong wage packages, so textile engineers are migrating to other industries, like the IT sector. He claimed that the Indian textile industry must concentrate on high performance goods if it hopes to expand in the technical textiles market.

High School Director Nandan KumarComfortability is a major challenge for protective textiles, according to Performance Textiles Pvt. Ltd. For use, protective fabrics should be comfortable and lightweight. His business offers lab space for evaluating fundamental composition. He discussed the main opportunities for innovation in the technical textiles market.

The market trend for technical textiles was discussed by Dr. Arindam Basu, Director General of the Northern India Textile Research Association (NITRA). He claimed that the sector deserves special attention because it is predicted to have strong growth and higher margins. According to Basu, India is seeing rapid development, which suggests that demand for all kinds of advanced textiles could increase. Disposability, according to him, presents a problem for the section. “NITRA is working to create technical textiles that are acoustic and fire resistant. Non-biodegradableaspect of the segment is a problem as well. We must create biodegradable goods.

Technical Textiles: Innovation, Possibilities, and Way Forward was the topic of a technical session. Managing Director of Pulcra Chemicals India Pvt. Ltd., UmaSankar Sinha Mahapatra, stated that conventional materials can be used to create protective textiles. High performance items should be the industry’s main priority. Sports textiles include sportswear, sports goods, and sports accessories, according to Shishir Tyagi, Deputy Director of the Wool Research Association’s Centre of Excellence in Sporttech. To realise the potential, we must identify the gaps and close them.

Fabiosys Innovations Pvt. Ltd. CEO Yatee Gupta informed the audience that his company is working on medical textiles and has created Fabium technology that can eradicate 99.9% of bacteria. within 30 minutes, microorganisms.

According to Nanosafe Solutions Pvt. Ltd. founder and CEO Anasuya Roy, her business is developing antimicrobial medical fabrics.

Head of the Chemical Department of Sharda University, Dr. Ajay Kumar, claimed to have created a technology for medicinal textiles. Any sector can go ahead and launch a technology business, but it must be prepared to compete with international corporations. Scale of production is a problem for any company, he said Fibre2Fashion. To prepare for a new endeavour, the market must be large enough.

IIT Delhi’s Department of Textile and Fibre Engineering Professor BS Butola also offered his perspective on the subject.

The opening speech was opened by Madhu Sudhan Bhageria, Chairman of the PHDCCI Textiles Committee and CMD of Filatex India Ltd. session, while RK Vij, Co-Chairman, PHDCCI Textile Committee and Secretary General, Polyester Textile Apparel Industry Association, presented vote of thanks.

 

 

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