With per capita consumption of technical textiles in the country at 1.7 kg as against 10 to 12 kg in developed countries, the potential is huge for the sector, said Sanjay Chatrath, president and chief executive officer of Tire Cord and Polyester Yarn, SRF Limited, here on Friday.
He was speaking at the inaugural of a two-day conference on “Industrial Textiles – Products, Applications and Prospects” organised here by the Department of Textile Technology and Automobile Engineering of PSG College of Technology.
Asia Pacific is the largest market for technical textiles, accounting for more than 40 per cent market share. The Indian technical textile industry is growing at 20 per cent year-on-year. The industry is witnessing a shift from use of conventional fibres to high performance, speciality fibres. Carbon fibre based composites are making rapid progress in not only aerospace and sports industries but also in textile equipment.