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Tamil Nadu state backing for Techtextil India
Aiming to generate strong upward momentum for the Indian market.
16th September 2021
Innovation in Textiles
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Tamil Nadu, India
As one of the first major business events in India for the technical textile sector since the start of the Covid-19 pandemic, Techtextil India 2021 will present a strong showcase of technical textile technologies crucial for the development of the country across industries such as healthcare, agriculture, construction, infrastructure, sports, apparel and more.
The first hybrid Techtextil India will take place from November 25-27 2021 at the Bombay Exhibition Centre in Mumbai.
Announcing a close co-operation with Messe Frankfurt India for the 2021 edition, the Government of Tamil Nadu will be promoting textile policies and highlighting investment prospects at the trade fair in a bid to attract companies and investors to the state.
“While there are several inherent advantages for the growth of technical textiles in Tamil Nadu specifically, many raw materials used in the production of sanitary products, artificial ligaments, seat belt webbings, airbags are still heavily imported,” said Pooja Kulkarni CEO of Guidance Tamil Nadu. “In this context, the Techtextil India forum can help us partner with global technical textiles companies to reduce import dependency and bring investments in R&D, manufacturing and innovation.”
With the largest automotive and auto-component cluster in India, Tamil Nadu’s ecosystem is well poised to attract high value investment. Similarly, with 50% of India’s textile mills in Tamil Nadu and complementary clusters of knitting, weaving and medical devices manufacturing in Coimbatore and Tiruppur, the region provides immense opportunities for Meditech investments.
“We are glad to join hands with Guidance Tamil Nadu and strongly believe that the support of a state partner can have significant influence on the development of the technical textile sector in terms of manufacturing collaborations and localisation in India,” said Raj Manek, executive director of Messe Frankfurt Asia Holdings. “With the 2021 edition, we hope to generate strong upward momentum for the Indian market.”
Valued at US$19 billion, the Indian market for technical textiles is currently growing by an annual 12% – three times faster than the global growth rate, indicating strong export opportunities. The recent budget announcement of the Government of Tamil Nadu takes into account infrastructure development for the textile sector with a focus on upcoming technical textile parks in Karur and Virudhunagar. The two centres for excellence for Meditech and Indutech, at the South India Textile Research Association (SITRA) and PSG College of Technology respectively, act as a spur to R&D and innovation.
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