Rs 5000 crore investments expected in tech textiles sector by 2012: Maran

摘要

The domestic market size of technical textiles in the country is expected to grow at the rate of 11% per annum and will reach Rs 66,414 crore by 2012, which is about Rs. 37.115 crore at the moment, D. Maran, Textiles Minister, said in New Delhi recently.. Delivering his address at the curtain raiser function of 'Technotex-2009', Mr Maran said that the global market size of the technical textiles industry which was US $ 107 billion in 2005 is also expected to increase to US $ 127 billion by next year.