Newsline-National | November 2014
Glen Raven to expand presence in India
Glen Raven Inc., the leading global provider of high-performance fabric, is exploring expanding its presence in India. Glen Raven Inc. The company provides high-performance fabrics for various industries including automotive, petrochemicals, construction, mining, logistics, geosynthetics, filtration and protective fabrics for the police, military, fire fighters, etc. Glen Raven has manufacturing facilities on three continents, including North America, Europe, and Asia, and sells products in over 100 countries. Its brands such as Sunbrella and Dickson fabrics are used for residential and commercial awnings, upholstery, outdoor furniture, and boating.
India´s technical textiles market, which is currently estimated at $17 billion is likely to reach a level of $32 billion by 2023, will develop as an important centre for both manufacturing and consumption. Innovation in using technical textiles for new applications across industries will be the driver of the growth of the industry.
Says Paige Mullis, Director of Concept Development, Glen Raven ¨Globally, technical textile forms 65 per cent of the textile market, whereas in India it is only 10 to 15 per cent.¨