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Domestic technical textiles Industry Segment-wise consumption of ...

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Market size <strong>of</strong> TT product and future forecast<br />

Hot air balloons<br />

Width 15 metre<br />

Height 22 metre<br />

Fabric requirement 1,000 square metre<br />

Price per square metre 3-4 USD<br />

Price per square metre inclusive <strong>of</strong> duties Rs 200-250 per sq m<br />

Life time <strong>of</strong> a balloon * 300 flying hours<br />

Price <strong>of</strong> a balloon Rs 15-20 Lakhs<br />

Source: <strong>Industry</strong> survey<br />

*Life time <strong>of</strong> a balloon is a function <strong>of</strong> maintenance<br />

As mentioned earlier, the market for ballooning fabrics is very small. The rising disposable incomes,<br />

favourable demography and increasing popularity <strong>of</strong> adventure games are likely to result in a strong<br />

growth <strong>of</strong> around 6%.<br />

The current and future forecast <strong>of</strong> hot air balloons industry size is given below:-<br />

Hot air balloons 2007-08 2012-13<br />

Hot air balloons Quantity 7 nos. 50 nos.<br />

Hot air balloons Value<br />

Hot air balloons (fabric) Quantity<br />

Rs 1.25 crore<br />

approx<br />

7,000 sq m<br />

approx<br />

Rs 9.00 crore<br />

approx<br />

50,000 sq m<br />

approx<br />

Hot air balloons (fabric) Value Rs 0.18 crore Rs 1.25 crore<br />

Source: <strong>Industry</strong> survey, IMaCS Analysis<br />

The domestic usage <strong>of</strong> hot air ballooning fabric is expected to increase from 7,000 sq m in 2007-08 to<br />

around 50,000 sq m by 2012-13. No inflationary increase has been assumed for the price <strong>of</strong> these<br />

products. In value terms, the market size <strong>of</strong> the hot air ballooning fabric in India is expected to<br />

increase from Rs 0.18 crore in 2007-08 to around Rs 1.25 crore by 2012-13.<br />

Imports & Exports <strong>of</strong> hot air balloon envelopes<br />

The estimated direct import figures for hot air balloon envelopes are as given below:-<br />

HS Code Description Imports Imports

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