PHD Chamber of Commerce and Industry organized a ‘seminar on “ Geo Textiles : A Big Untapped Opportunity’ at PHD House recently which was inaugurated by textile commissioner, Kiran Soni Gupta.
Speaking at the seminar, Gupta emphasized that the government is likely to make it mandatory the uses of geo and technical textiles in sectors such as construction of roads, ports, airports, canals, dams as also in defence and railways in the required belts of the country to propagate their applications as also restrict such imports in order to enhance domestic production to give fillip to Prime Minister’s Make in India drive.
Saurabh Sanyal, secretary general, PHD chamber said India’s technical textiles market is worth 13 billion US dollar and is expected to grow at a CAGR of eight per cent as per the interim report on Baseline Survey of Technical Textiles, Technopak Analysis.
Geotextiles have far reaching applications such as road, railway, landfill-solution, and development of canals and therefore it has multi-disciplinary fields of applications. India has the second largest road connection in the world (about 23 million Km). The increased demand for spending on infrastructural development, construction operations, transportations and building, have fuelled prospects of Geotextiles & makes it extremely relevant in the present context compared to other segments of Technical Textiles. The demand of Geotextiles is expected to grow due to its low cost as well as the structural and drainage support.