Tuesday, April 14, 2009

[ Technical Textiles - India Crawls. Alok Ind to launch technical textiles Posted on: April 13, 2009 at 3:44 am ]

Indian consumers will soon have a taste of different varieties of aroma finish, stain-guard, anti-bacterial finish, insect repellent, water repellent and flame retardant technical textiles, a top textile company official said.”Our R&D team is developing technical textiles based on nano technology to offer branded aroma finish, stain-guard, anti-bacterial finish, insect repellent, water repellent, flame retardant, infra red finish and high visibility products, which will be soon launched in the country,” Alok Industries’ CFO Sunil Khandelwal told PTI here.

The company is in talks with a leading foreign brand which is looking at entering the Indian market to launch high-end technical textile products, Khandelwal said.

This foreign brand, whose identity he did not disclose “wants us to become their partner for supplying these fabrics under their brand name”, he said.

It manufactures 20 lakh metres of technical textiles per month and supplying its products to the Indian military and several corporates, including ONGC.

The high-end speciality textile market is estimated at $50 billion, out of the total $580 billion textile market. India’s presence is almost negligible in the technical textile market.



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