Trade Resources Industry Views The Indian Technical Textiles Sector Is Estimated to Reach USD36 Billion by 2016-17

The Indian Technical Textiles Sector Is Estimated to Reach USD36 Billion by 2016-17

The Indian technical textiles sector is estimated to reach USD36 billion by 2016 – 17, with an annual growth rate of 20%. Taking advantage of this, Messe Frankfurt is organising the two-day event, Techtextil India Symposium, focused on the Indian technical textile industry and its future growth from 30 – 31 October 2012 in Mumbai.

The symposium will have international and domestic experts sharing their collective views and opinions on key issues, and what they believe the industry will face during its growth phase for the next several years. The symposium promises to provide comprehensive market intelligence which will help drive the future of India’s technical textile market.

Techtextil India Symposium 2012 will touch upon the success stories of major technical textile firms. The symposium will showcase the current development of the specialised industry in India, as well as its predicted domestic growth path.

One of the highlights of the symposium is the CEO round table. The event will focus on the topics “Product application trends in Indian and across the world”, “India’s core advantages” and finally, “The way forward for India’s Technical Textiles.” Participants of the round table include:

  • Mr Dilip B. Jiwrajka, Managing Director, Alok Industries Ltd
  • Mr Mohan Kavrie, Managing Director, Supreme Nonwovens Industries Pvt Ltd, India
  • Mr Sunil Trivedi, Managing Director, Neocorp International Ltd
  • Mr Sushil Kapoor, President & CEO, Technical Textiles Business, SRF Ltd, India
  • Mr Vayu Garware, Managing Director, Garware Wall Ropes Ltd
  • Mr Yogesh Kusumgar, Chairman, Kusumgar Corporates Pvt Ltd

Aiming to bring industry experts under one roof, Mr Raj Manek, Managing Director of Messe Frankfurt Trade Fairs India commented: “We wanted the industry and its players to take advantage of current growth opportunities.

“With the technical textiles sector experiencing major changes, we believe the industry and its key players will benefit from this event. The symposium was developed so that emerging companies can come together and collaboratively discuss challenges as well as learn from experts and hear their success stories. The technical textiles industry is expected to become a dominant contributor to the Indian economy by 2035.”

Mr Manek added: “India is one of the world’s largest producers and exporters of cotton and yarn. Like any other industry, cotton and yarn has its ups and downs. The symposium is a medium to discuss these benefits and challenges as well as ultimately find solutions. It is an opportunity to connect with industry professionals and adopt international trends.”

Keeping into consideration the present demands of India’s textile industry, the event’s organisers worked closely with some of the most well-respected firms in the technical textile industry. Two firms in particular that provided assistance on the symposium include, Gherzi, the world’s oldest Textile consultancy and internationally leading technical textile advisors, as well as the Indian Technical Textile Association (ITTA), who’s Executive Director, Mrs Shashi Singh aided the programming committee.Techtextil India Symposium is organised by Messe Frankfurt Trade Fairs India Pvt Ltd and is supported by the Office of the Textile Commissioner, Ministry of Textiles, Government of India, Indian Technical Textile Association (ITTA) and Texprocil.

Messe Frankfurt is Germany’s leading trade fair organiser, with 467.5 million euros in sales and 1,725 active employees worldwide. The Messe Frankfurt Group has a global network of 28 subsidiaries and approx.

50 international Sales Partners, giving it a presence for its customers in more than 150 countries. Events “made by Messe Frankfurt” take place at more than 30 locations around the globe. In 2011, Messe Frankfurt organised 100 trade fairs, of which more than half took place outside Germany. 

Source: http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=116263
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Messe's event to focus on Indian technical textile sector
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