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Don’t underestimate the competitiveness of India

Date: 2017-07-19
Views: 60

 

Can’t underestimate the competitiveness of India

 

There are about 12% fabric industry belong to non-woven fabric in India market, while the non-woven fabric industry takes up about 24% in the fabric industry all around the world. As it is reported by Indian media, the total output value of non-woven India will reach to 45 millions in 2019.

 

The population of India is large , average to spend on non-woven fabrics in India is only $0.04 ,which can not be compared with U.S. , Europe . Although India takes up only 8% consumption of all the non-woven fabrics in the world . But the growth rate is fast . Besides , the price of labor power in India is lower than China .

Can’t underestimate the competitiveness of India

 

That’s the reason why western counties are optimistic about non-woven industry in India. The European institution predicts that the Indian consumption of non-fabric will increase by 20% because of the high birth rate and the higher percentage of female in India. Every female will spend 2$ on non-woven hygiene products in 2018. If the prediction comes true, the total consumption of non-woven products will reach $82.4 billions.

 

Can’t underestimate the competitiveness of India

We can come to the conclusion from per 5 years planning that the non-woven industry and technological fabrics will be paid attention to. It exists great chance in national defense, safety, health, roadway and other infrastructures for Indian non-woven industry. However, the industry will be hard to develop by lacking of fund and poor technological level .


In conclusion, we can’t underestimate the potential of Indian non-woven industry.


Can’t underestimate the competitiveness of India

 

 

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