Technical Textiles:
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Technical textiles are textiles materials and products manufactured primarily for technical performance and functional properties rather than aesthetic characteristics.
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Technical Textiles products are divided into 12 broad categories (Agrotech, Buildtech, Clothtech, Geotech, Hometech, Indutech, Mobiltech, Meditech, Protech, Sportstech, Oekotech, Packtech) depending upon their application areas.
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India shares nearly 6% of the world market size of 250 Billion USD.
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However, the annual average growth of the segment is 12%, as compared to 4% world average growth.
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The penetration level of technical textiles is low in India at 5-10%, against 30-70% in advanced countries.