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Related Keywords: Indian technical textile industry, Indian textiles, Lifestyle Functional Textiles, non-woven textiles, packing textile and shoe textile, smart textile, Taiwan technical textiles, Taiwan Textile Federation, technical yarns, Technotex India, textile industry of Taiwan

Sean Tsai, Overseas Market Development, Taiwan Textile Federation shared his views on technical textiles going ahead with Nitin Madkaikar-Business Head (YnFx) at the Taiwan Pavilion, Technotex India Exhibition held in Mumbai on 21-23 April 2016. The event was organized by Ministry of Textiles and FICCI.

Nitin Madkaikar: What are your views on Indian technical textile industry in India?

Related Keywords: across various industries, composity industry, exploring partnership opportunities with Indian firms, Indian technical textile industry, keen to penerate their products into India, likely to grow over next five years, meet growing demand, participating in 'Technotex, Taiwanese composite and technical textile companies, TCA, TTF

With technical textile industry of India likely to grow at a rate of 20 percent annually to touch $30 billion over the next five years and composite industry also pegged at $2.2 billion with an expected growth of 15 percent per annum over the next four years. Taiwanese composite and technical textile companies are exploring partnership opportunities with Indian firms across various industries to meet their growing demand.

Related Keywords: displayed textile and composites, DOFT, growing demand and consumption of technical textiles, Indian market, Indian technical textile industry, Taiwan keen to penetrate, Taiwan pavilion, Taiwan Textile Federation, TCA, Technotex held in India

Taiwan Textile Federation (TTF) and the Bureau of Foreign Trade (BOFT) formed Taiwan Pavilion jointly with Taiwan Composites Association (TCA) to display Taiwan’s latest textiles and composites at Technotex 2015 that took place last weekend in Mumbai at Bombay Convention Exhibition Centre, Goregaon.

Taiwan participated with 18 companies producing high-end composites, innovative technical textiles, raw materials, accessories and nonwoven machinery.