Abstract
The Indian economy is expected to grow at a rate of 7.5-8% during 2010-12. This growth number was most recently echoed by the Indian Prime Minister Manmohan Singh during his Nuclear Security Summit meeting with the US President Barack Obama. India's rising middle income population will fuel the domestic consumption of products such as hygiene and feminine care which will be the drivers for growth for the non-wovens and technical textiles (NWTT) industry. India's textile industry is a conventional industry dominated by cotton. There are 1834 textile mills with an installed capacity of 37 million ring spindles, 489,718 rotors and 56,526 looms. Government of India contributes toward the growth of industry clusters by offering support for the cost of common facilities, infrastructure such as power and building in the cluster projects with the aim of creating concentrated clusters supporting growth and employment.
| Original language | English |
|---|---|
| Pages | 101-103 |
| Number of pages | 3 |
| Volume | 41 |
| No | 5 |
| Specialist publication | Nonwovens Industry |
| State | Published - May 2010 |