Page 30 - CII Artha Magazine 2022

Sector in Focus

Technical TECHNICAL TEXTILE contribute to the growth of challenges which are faced by companies strive to meet 7. Export subsidy in China - Expectations

‘quality with zero
the economy, the demand for
the Indian textile sector in
Textile exporters in China,
from the
MARKET IS
diversifying into the technical
personal care and childcare
tolerance limit’, a key
including that of technical
SEGMENTED ON THE
products show a discernable
parameter for any
textiles space:
textiles, get 17 per cent
Textile: BASIS OF MATERIAL, escalation. Disposable 1. Small Size and scale of 4. High Logistics Cost- VAT refund on export, Government
technical textile product.
products are convenient to
which is said to provide an
PROCESS AND
use and enhance the overall
operation - One of the
incentive to the extent of
for the
APPLICATION
Logistics inefficiency is a
biggest challenges faced by
personal hygiene for both
9 per cent. This makes
The Sunrise The industry which had never mothers and children. Even the Indian textile industries major hurdle which comes their products more Technical
including technical textile is
home care products like
in the way of exports. The
competitive in the
manufactured PPE kits in the
transport time within India
lack of scale. It is estimated
dusters and cleaning wipes
international market as
Textile sector
that, on average, the size of
as well as the turnaround
have witnessed a huge
past, turned Covid-19 crisis
compared to exports from
into an opportunity and
demand due to a rise in
time at ports is a major
the Chinese textile
India.
Sector started manufacturing them. income, which in turn industry is five times larger challenge for Indian 8. Depreciation of rupee - The Interest Subvention
increases the use of
than that of the Indian
This made India the second
exporters as compared to
non-woven fabrics.
the other countries like
largest producer of PPE kits
industry. Due to this, Indian
Even though the recent
Scheme should be allowed for
China, Bangladesh and
in the world. Keeping the
manufacturers face
depreciation of the Indian
technical textile sector. The
Besides, as environment
Vietnam. The cost of
difficulties in achieving the
Atmanirbhar Bharat vision in
rupee has helped
problem of inverted duty
mind, the rise in domestic
for power and processing
disadvantage for Indian
production of personal
costs.
been offset by a sharp
addressed and the GST rate
units are strengthened, it is
protective clothing for concerns grow and the norms desired scale to optimize logistics become a major exporters, the gains have structure should be
manufacturers which is
increase in the price of
on inputs like polyester staple
front-line workers expected that industrial 2. High cost of raw materials caused by poor imported primary raw fiber & viscos staple fiber
medical products by Aligned with Hon’ble PM paramilitary, military, medical filtration products, which is a - There are various infrastructure like bad material like specialty should also be reduced to 12
consumers. These factors, Modi’s vision of ‘Atmanirbhar and para medicals among form of technical textiles, speciality fibres which are roads, time spent at fibers and polyester. This per cent. This would go a long
along with the higher returns Bharat’, technical textiles play others, would promote would play a major role in used as inputs in the check-posts and ports, has made export of raw way to improve the
I n India, the textile industry and is projected to reach in this segment as compared an important role in almost import substitution with a safeguarding the environment. production of certain customs clearances, loading materials more viable for competitiveness of Indian
plays a pivotal role in overall
US$285.88 billion by 2028.
high degree of localization.
and unloading as well as
high-end and advanced
With growing environmental
manufacturers as
every sphere of social and
to conventional textiles, are
economic development. Being attracting entrepreneurs, economic activities of the awareness, the need for more technical textile products. requirements for compared to local supply. MSMEs.
the second largest employer thereby making technical country. In fact, during the COVID-19 filtration, oil absorbent, and Many such speciality fibres trans-shipment. The PLI Scheme has been a
after agriculture, the sector is Technical textiles a lucrative sector for crisis, the sector ramped up landfill backing products has are not manufactured 9. Technological know-how - boon for the textile industry.
one of the biggest growth investment. The technical textile market its manufacturing capacity to also increased. indigenously in sufficient 5. Rigid Labour Laws - The Even as Indian Woven fabrics, the raw
drivers of the Indian economy. Textiles : is segmented on the basis of produce millions of masks. quantities. These products overtime provided to manufacturers are material used for
Contributing 7 per cent to The sector has also helped in material, process and This was a modest The renewable energy sector are being imported from workers is restricted to confident of manufacturing manufacturing synthetic
per cent to India’s GDP, and A lucrative the growth and innovation of application. Based on material, contribution to serve the also uses smart products and China, European countries, 100 hours of work in the conventional textile apparels, have been covered
industrial output (by value), 2
three months period. This
technical textiles in
government and the country
and the USA. The import
the market is divided into
products starting from
traditional textile products as
17 per cent to India’s export it contributes to value natural fiber, synthetic at large. The sector overall composites which find its way duties levied on such cap should be removed fiber to fashion garments, under the PLI scheme.
Similarly, non-woven spunlace
earnings, it is a source of sector addition across the entire polymer, mineral, regenerated had also upscaled its technical into light weight components. products increase the cost and the system of paying some of the technical fabrics should also be covered
direct employment for over textile value chain. Due to its fiber, and others. Based on textile capabilities to make These are stronger than the of production thereby hourly wages should be textile products and their under the scheme. This would
45 million people and for 100 Owing to its distinct technical significant contribution, the process, the market is available an array of health conventional single material adversely impacting the implemented. Also, a cap of manufacturing know-how contribute significantly to the
million people in the allied performance and functional technical Textile sector in categorized into woven, products ranging from masks, products or alloys, saving price competitiveness of 10 hours per shift should is still missing in India. growth of technical textiles.
industries. properties, the technical India is knitted, non-woven, and wipes, gowns, disposable precious resources for the technical textiles. be extended to 12 hours. Therefore, a tie-up with
textile sector is experiencing gradually others. And based on sheets, disposable towels and country. internationally reputed Technical textile, the sunrise
One of the segments of this a consistent rise in demand in becoming application, the technical lifestyle products. 3. Lack of skilled manpower - 6. FTA with EU - Countries companies is necessary for sector, offers an enormous
industry that has received the global market-place. In one of textile market is divided into INDUSTRIAL Since the process of like Bangladesh and Sri quick entry into potential for growth. Hence, a
significant attention across India too, the sector has the most 12 sectors namely Agrotech, Further, one of the most FILTRATION manufacturing technical Lanka have preferential manufacturing of the conducive policy environment
the world is technical textiles. emerged as a fast-growing significant Meditech, Buildtech, rapidly growing sectors in the PRODUCTS, A FORM OF textiles is relatively more access to large consuming technical textile products. which would transform the
Technical or Engineered segment owing to its use in pillars of Mobiltech, Clothtech, technical textile market is TECHNICAL TEXTILES, mechanized, there is a huge countries like the EU sector and help India emerge
Textiles constitute products an array of sectors. In fact, the textile Oekotech, Geotech, Packtech, that of nonwovens which IS EXPECTED TO PLAY requirement for skilled which, incidentally, is also The Government of India as a leading producer of
that are used for functional there is a rising demand for industry. Hometech, Protech, Indutech comes under process MAJOR ROLE IN workforce in the among India’s biggest have been taking multiple technical textiles, is the need
purposes rather than for their technical textiles in markets and Sportech. category. As more and more SAFEGUARDING THE manufacturing process. markets. Preferential steps for addressing the of the hour.
aesthetic characteristics and like agriculture, automotive, people look for hygiene with ENVIRONMENT Skilled workforce and high access, through reduced challenges faced by the
have applications across healthcare, PPE kit, that falls under the convenience, there is an labour productivity thus tariffs, gives Bangladesh and technical textiles sector and
various industries. According infrastructure, oil application category of enormous requirement for Constraints become key determinants Sri Lanka a cost advantage with the right mix of policies,
to Verified Market Research, & petroleum, meditech or medical textiles, disposables products, which would facilitate cost to the extent of 9.6 per regulatory environment and
the global technical textile etc. as well as is one of the 12 sub-segments personal hygiene, feminine The technical textiles sector effectiveness in this cent over India. This resolution of challenges, the
market size has been valued for hygiene and of technical Textiles. care and home care products. is currently at an evolving industry. The makes the Indian products sector can grow at a rapid
at US$190.33 billion in 2020 stage in India and considering non-availability of skilled less competitive in the EU pace and take the technical
Moreover, since more women the different dynamics of the workforce hampers the market. textiles sector to new heights.
Ms. Dipali Goenka, CEO and Joint MD, Welspun India Ltd
join the work force and sector, there are various quality of products, as
30 ANALYSIS, RESEARCH, THOUGHT LEADERSHIP & ADVOCACY ANALYSIS, RESEARCH, THOUGHT LEADERSHIP & ADVOCACY 31
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