Nonwovens in India: Problems & Prospects!
There is a paradigm shift in thinking of Indian entrepreneurs in last five years. They are more adaptive to new things and new technologies today. But, unfortunately our Textile Industry players have not realized the latest trends. They still continue to manufacture same age-old conventional textiles. They are hardly taking any efforts for innovations. Though Technical Textile is growing at CAGR of 20 per cent in India having huge growth potential, there is no much investment in this sector and the main reason is lack of awareness about the markets.
Nonwovens Miles to go!
There is a huge untapped potential in nonwovens for the Indian industry. High cost, lack of entrepreurship and dearth of research are proving to be major hurdles on the path of growth for this emerging segment in technical textiles. Karthik Muthuveeran analyses and bares some details. China is the leader today and will remain as top producing country in Asia, taking the lion’s share. India’s nonwoven production is growing at 13 per cent CAGR on volume basis as compared with China’s 12 per cent CAGR.
Tirupur was the first industrial cluster to implement ZLD in India
Tamilnadu Water Investment Company Limited (TWIC) is a pioneering developer of water/waste water projects in India. Promoted by Infrastructure Leasing and Financial Services Limited (54 per cent) and Government of Tamil Nadu (46 per cent). Over the last few years, TWIC has been in the forefront of a number of initiatives both in the urban water space as well management of industrial effluent.
Is India ZED-Ready
If the textile industry in India does not achieve zero effluent discharge (ZED) in the next few years, it will not only affect the socio-economic environment but also even export to countries where “green label” is now becoming mandatory, reveal Joseph S and Karthik M.
Zero effluent discharge (ZED): It is a drive that has been happening only in fits and starts in India. When the present Indian government initiated a draft regulation only a few months ago, which will make ZLD (zero liquid discharge) mandatory for textile units having waste water discharge of more than 25 KLD (kiloliters per day), the pollution issue surfaced again.
From Trickle to Tide.....
Many specialised yarns are gaining importance in recent times over conventional yarns, elaborates an ITJ exclusive feature. It was a trickle a decade ago, but now speciality yarns are flooding the market. Boom in fashion, fast growth of technical textiles and newly emerging areas like leisurewear and sportswear are fueling the growth of speciality yarns.
LINEN RAGE IS ON!
European flax fibres and Chinese linen yarns are flooding the Indian market thanks to a spurt in consumers’ interest in linen products. Samuel Joseph reveals some emerging trends in the linen scenario. Linen is the coolest fabric material in the world, but its market is getting warmer day by day in India, thanks to a spurt in promotion mounted by the big names including Grasim, Raymond and many more small players.
Seal of approval elusive GST
GST has struck the stumbling-block. Will it see the light of the day is the question on everyone’s lips! An ITJ exclusive report takes a hard look at the issues and various implications of this much-touted taxation initiative. GST, only a few months ago, it was a buzzword. With other pressing political issues and economic concerns, now decision-makers seem to be suffering from a temporary amnesia! The GST debate even has come to a standstill!
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