Tech textiles may grow 4-fold by '20

摘要

India's technical textile market could grow four fold to become a $37-billion industry by 2020, provided issues such as lack of investment and absence of research and development are addressed, reports industry body Ficci. According to the Ficci-Technopak report, the Indian technical textiles market has been registering a growth of 11.25%, which now stands at $ 8.3 billion.