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RD Udeshi calls for major thrust on Make in India
A lot of thrust has been given to Government’s ‘Make in India’ initiative, said RD Udeshi, President - Polyester Chain, Reliance Industries Limited, in keynote address. This was the theme of international textile conference, held by the Textile Association (India), Mumbai Unit on December 1-2, 2016 at Hotel The Lalit, Mumbai.
Rising GDP, middle class promises boost to technical textile consumption in India
The world technical textiles market has been growing at a rate of 5 to 7 per cent since 2010, when its size was $116.5 billion, which rose to $147 billion in 2014. This is expected to reach $198 billion by 2020, disclosed Hendrik H van Delden, Managing Partner, Gherzi van Delden GmbH. The size of the production in these years were 22.5 million tonnes in 2010 and 28.4 million tonnes in 2014, which is expected to touch 38.2 million tonnes by 2020.