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Saturday, August 30, 2014

Technical Textiles has often been referred to as the sunshine sector in India and there is little doubt about the growth prospects for this industry in the years to come. Technical textiles are functional fabrics that have applications across various industries including automobiles, civil engineering and construction, agriculture, healthcare, industrial safety, personal protection etc. Based on usage, there are 12 technical textile segments; Agrotech, Meditech, Buildtech, Mobiltech, Clothtech, Oekotech, Geotech, Packtech, Hometech, Protech, Indutech and Sportech. In India, the production of different technical textile items has been steadily increasing. As per the data released by DGCI&S, Kolkata, exports of technical textiles have increased by nearly 15% to Rs. 4,237 Crore in 2012-13 from Rs. 3,678 Crore in 2011-12. As per the baseline survey of technical textile industry in India, the Indian technical textile industry has grown at an annual rate of 11% to reach an estimated market size of Rs. 70,151 Crore in 2012-13 from Rs. 41,756 Crore in 2007-08. As per the sub-group on technical textile for the XIIth Five Year Plan, the technical textile industry is expected to reach a market size of Rs. 1,58,540 Crore by 2016-17 with a projected growth rate of 20% year on year. The growth enablers for this sector include: a. Growth of Industry Sectors Various technical textile products are consumed by different industries like automotive, healthcare, infrastructure, oil & petroleum, etc. With increased investments in these industry sectors, higher consumption and growing exports, the industrial sector is poised for a considerable growth.This will further increase the consumption of technical textiles. b. Increasing Per Capita Income of Consumer As per the Ministry of Statistics and Programme Implementation, Central Statistics Organisation, the per capita income at current prices during 2012-13 is estimated to be Rs. 68,747 as compared to Rs. 53,331 during 2010-11, showing a rise of 28.9%. The future growth in income is expected to increase riding on the back of a healthy growing economy. This rise will enable consumers to make more discretionary expenditure on technical textile products. c. Increasing Adaptability Level/Acceptance of Products With growing awareness and income, consumers will realize, and be willing to pay for the superior functionality of technical textile products such as wipes, diapers, sanitary napkins, disposable sheets, pads, etc.  

Source: Ministry of Textiles

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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Selection of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

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