Taiwan has an international reputation for technical textiles. The composites industry is one of the key industries in Taiwan. Taiwan stands fourth in the world in carbon fiber capacity and 30 per cent of electronic grade glass fibers are manufactured in Taiwan. Taiwanese composite and technical textile companies are keen to bring their products to India with growing demand for and consumption of technical textiles.
Taiwan’s functional textile market has invested a lot of resources in textile technology innovation. The industry produces fabrics which are anti-bacteria, water-repellent, and moisture transferring. Many of the largest sportswear and outerwear manufacturers and retailers source active wear fabrics from Taiwan.
Taiwan’s 20 companies exhibited products at the recent Technotex 2015 held in They showcased high-end composites, innovative technical textiles, raw materials, accessories and nonwoven machinery. These products have a wide range of application fields like protective, performance functional, eco-friendly, mobile, non-woven and new materials for architectural and geotechnical construction.
India is a dynamic market with a lot of potential and scope for Taiwanese companies to expand their exports. The Indian composite industry is pegged at Rs 15,000 crores with an expected growth of 15 per cent per annum over the next four years.
www.technotexindia.in/