Home » Newsletters » Volume-i-2024 » Will India become a manufacturing & export hub for technical textiles?
On the business front – an interesting sector that we recently researched was Technical Textiles. With applications in diverse industries – including automotive, construction, healthcare, sports and infrastructure – India’s domestic market was estimated at $22 billion in 2023, making it the fifth largest globally.
Despite the lack of proper testing infrastructure and clear standards, the technical textiles industry in India is an attractive investment destination due to supportive government policies and infrastructure development. Read more