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

Domestic consumotion of Oekotech is very small currently, only about Rs 68 crore, as its application
is very low in India. However, over the next five years, this trend is expected to change and domestic
consumption of Oekotech is expected to increase to Rs 160 crore by the year 2012-13 growing at
around 19% y-o-y.
Buildtech, Meditech and Agrotech are expected to achieve a moderate growth in line with the
economic growth at around 8%. Usage of Geotech is also far below its potential in India as there is
lack of awareness about its advantages. The growth of Geotech, which has only about 0.5% share of
consumption of technical textile in India, is dependent upon the Goverment regulations for its
application and a strict supervision to ensure adequate use. The growth of this segment has been
estimated at around 12%.
Hence, we can conclude that Protech, Oekotech, Sportech, Oekotech, Geotech and Packtech are the
segments with the maximum growth potential. Packtech and Clothtech followed by Mobiltech and
Hometech are the largest segments and the main drivers of growth for the technical textile industry
(considering present size as well as expected growth rate). The overall technical textile consumption
in India is expected to grow at the rate of 11% year on year to Rs 62,538 by the year 2012-13.