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

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In general, the vast majority <strong>of</strong> Geo<strong>textiles</strong> are made from polypropylene (PP), polyethylene or<br />

polyester formed into fabrics based on type <strong>of</strong> process. The mechanical and hydraulic properties vary<br />

widely depending on type <strong>of</strong> application designed for. Depending on type (woven/non-woven),<br />

process (thermal bonded/resin bonded), desired performance specifications (load bearing ability, tear<br />

resistance etc), Geo<strong>textiles</strong> can range from under 40 GSM to over 3000 GSM (used in landfill<br />

applications). Geogrids are usually knitted and PVC coated. Products are designed to be resistant to<br />

mildew, bacteria, soil acids (PP) and alkalis (PP, PES) and most chemicals.<br />

Apart from the above, Agro based Geo<strong>textiles</strong> (woven <strong>textiles</strong> based on Jute, Coir) are also a niche<br />

but growing segment. These have the advantage <strong>of</strong> being bio-degradable as well as being cheaper.<br />

3. Market dynamics and key growth drivers: Infrastructure sector in India<br />

India's economic performance, particularly over the past three years, has been robust on several<br />

counts. Economic growth accelerated and averaged over 8 per cent per annum. From Planning<br />

Commission estimates, it became obvious that to sustain this rate <strong>of</strong> growth, the country’s<br />

infrastructure spending would have to increase substantially. Over the past 3-4 years, a clear political<br />

consensus has emerged on the need for speeding up the development <strong>of</strong> the country’s infrastructure. A<br />

number <strong>of</strong> large infrastructure projects have received support from the government, irrespective <strong>of</strong><br />

which political party is in power. A key Governmental step has been deregulation/ Policy<br />

Streamlining – The government has announced commitments to build large infrastructure projects<br />

through significant public expenditure and with the help <strong>of</strong> private partners - including, for the first<br />

time, foreign investors. Currently, few limits exist on foreign direct investment in infrastructure. The<br />

Government has also begun the process <strong>of</strong> privatizing significant government-owned infrastructure<br />

assets. Other initiatives in this direction include deregulation <strong>of</strong> highways, establishing a national<br />

highway toll system (including provisions for toll increases), establishing a fair and transparent<br />

process for the award <strong>of</strong> projects in most sectors and putting a sound contractual system in place to<br />

protect investor interests (providing model concession agreements for investment in some sectors).<br />

This has resulted in a robust flow <strong>of</strong> investments into the sector in the last few years. Basis goals<br />

set/investment planned by the Government and on sector-<strong>wise</strong> macroeconomic indicators, we can<br />

estimate the total sector-<strong>wise</strong> investment needs. This is shown below:<br />

Table 1: Infrastructure needs sector <strong>wise</strong><br />

Sectors<br />

Investment Needs<br />

during 2006-07 to<br />

2010-11 (INR Crore)<br />

Investment Needs during<br />

2006-07 to 2010-11 (USD<br />

million*) – approx.

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