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Published byDavid Caldwell Modified over 9 years ago
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Welcome to The world of technical Textiles
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6.00am 6.30 am 7.00 am 8.30am 9.00 am 10 am 2.00 pm 1.30 pm 5.00pm 8 pm 9 pm It touches our lives every moment
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Consumption of Technical Textiles Technical Textiles consumes 22% of total fibre consumption globally. Consumption of technical textiles more in developed countries USA :23% Europe:22% China:13% India:04%
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Consumption of Technical Textiles Technical Textiles consumes 22% of total fibre consumption globally. Consumption of technical textiles more in developed countries USA :23% Europe:22% China:13% India:04%
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Technical Textiles in India Total domestic production worth Rs. 35327 crores (2007-08), likely to grow to Rs. 62438 crores (2012-13) Total market size including exports worth Rs. 37118 crores, likely to become Rs. 66634 crores by 2012-13 Total employment - 8.8 lakh persons Total Exports - Rs. 2759 crores (2007-08) Total Imports - Rs. 3897 crores (20007-08)
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Our Strength Large pool of educated technical manpower Huge domestic market One of the fastest growing economies Self sufficiency in case of most widely used technical textile fibers Substantial textile manufacturing network Comparatively higher growth rate prospects in the sector
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Our Weaknesses … – Production is limited and fragmented –Lack of investments by the industry –Poor R & D facilities and lack of innovative and high end technologies –Lack of skilled workforce for the sector –Lack of adequate legislative measures for ensuring level playing field for domestic industry.
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Opportunities One of the fastest growing economies- All sectors Massive infrastructure development- Buildtech & Geotech Mega auto manufacturing projects, Nano & others- Autotech Increased spending in agriculture & irrigation- Agritech Commonwealth games and its spin off- Sportech Increased environmental awareness- Oektech Re-reviving real estate growth - Buildtech
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Opportunities Fast recovering manufacturing sector – Indutech Increasing consumer spending – Clothtec, Hometech Increasing exports, storage, dispatch of goods, travelers- Packtech Opportunities we wish were not there: Increased risk of communicable diseases (H1N1 Flu virus) & other communicable health hazards - Medtech Modernization drive of police, paramilitary and defense forces to combat terrorism and naxalism - Protech
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Threats Absence of level playing field vis-à-vis global players in terms of mandatory use of technical textiles in sectors like geotech, medtech, protech etc. Proven Technology over the world in almost all the applications, but local hesitancy in its acceptance at sizable scales Global players more interested in ‘selling’ rather than ‘outsourcing from’ or ‘investing and manufacturing’ in India
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Initiatives by Ministry of Textiles to promote technical textiles Concessional rate of 5 percent customs duty on most of the technical textile machinery Reduction in excise duty on man-made fibre and filament yarns : major raw material for technical textiles. Coverage of technical textile machinery under TUFS.
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Government Initiatives Under TUFS, 10% capital subsidy on identified technical textile machinery has been provided in line with processing machinery. Withdrawal of excise duty exemption on sanitary napkins / baby diapers / incontinence diapers. Anomaly in customs duty has been removed on finished goods vis-à-vis raw material, i.e., Aramid fabrics vis-à-vis aramid yarn. 12
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Centres of Excellence (CE) In line with U.K. System, Centers of Excellence for four segments have been launched by the Govt. 13 AgenciesSegment BTRA and ATIRA (Mumbai, Ahmadabad) Geotech SITRA with A.C. College of Technology ( Coimbatore)Meditech NITRA & IIT, Delhi (Ghaziabad)Protech SASMIRA & MANTRA & Navsari Agricultural University & IIT, Delhi ( Mumbai) Agrotech
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Projections for Eleventh Five Year Plan During the Eleventh Plan with regulatory framework, technical textile industry is expected to register a growth of 24.57%. Without regulatory framework growth rate is likely to be about 11%.
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Why Technotex ? New Initiative by Ministry to realize the untapped potential of the sector Creating awareness for a better, secure and sustainable life Ensuring production of enough technical textiles to make this difference Creating synergy between the Government, Industry and the consumers Attempting to raise the Indian fibre consumption at par with world trend of 60:40 in favor of manmade fibres
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