Market Size of Ind
Market Size of Indias Technical Textiles Sector
In India, the value-added textiles industry is collectively grouped into to a
single sector commonly referred to as technical textiles. This sector
encompasses fiber to converted products industry. Indian technical textiles
industry is nascent and highly fragmented. Government of India sponsored a nation-wide
market survey to estimate the size, need and the growth potential of this
industry. ICRA, a management consultancy undertook the government sponsored
study and has estimated the current market size to be 398,760 million Indian
rupees (~US .86 billion). It is expected to grow at 11% to reach a size of
664,050 million Indian rupees (~US .76 billion) by 2012-13. The consumption
will be slightly under the market size. The report divides the technical
textiles sector into 12 segments as categorized by the TechTextil years
