Related Keywords: apparel sector, emerging economies, global partnership, Indian market, Indian Textile, non-woven, PHD Chamber of Commerce, range of product, supply chain, Technical textile
India’s technical textiles market that is at present projected to touch $14 billion given the scope in emerging economies, by vertically integrating supply chain, diversifying range of products towards non-woven technical textiles and forging global partnership with counterparts, can contribute to the growth of the industry. It may reach a level of $32 billion by 2023.
This based on the study conducted by PHD Chamber of Commerce which further states that textiles and apparel industry size would balloon to $226 billion by 2023.
