Tags |
|
|
Links |
|
|
Digg It - Bright Future For Indian Textile Industry
Introduction
The textile industry in India is substantial, and largely diversified. It is hard to cover all its aspects even within hour-long presentation, however, research team of Fibre2fashion.com has attempted to gather significa
The textile industry in India is substantial, and largely diversified. It is hard to cover all its aspects even within hour-long presentation, however, research team of Fibre2fashion.com has attempted to gather significa
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
nt pieces of massively complicated puzzle of this industry.
The Indian textile industry roots thousands of years back. After, the European industry insurrection, Indian textile sector also witnessed considerable development in indust
The Indian textile industry roots thousands of years back. After, the European industry insurrection, Indian textile sector also witnessed considerable development in indust
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
ial aspects. Textile industry plays an important role in the terms of revenue generation in Indian economy. The significance of the textile industry is also due to its contribution in the industrial production, employment. Currently,
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
t is the second largest employment provider after agriculture and provides employment to more than 30mn people.
Prospect
Considering the continual capital investments in the textile industry, the Govt. of India may extend the Techno
Prospect
Considering the continual capital investments in the textile industry, the Govt. of India may extend the Techno
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ogy Upgradation Fund Scheme (TUFS) by the end of the 11th Five Year Plan (till 2011-2012), in order to support the industry. Indian textile industry is massively investing to meet the targeted output of $85bn by the end of 2010, aimin
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
g exports of $50bn. There is huge development foreseen in Indian textile exports from the $17bn attained in 2005-06 to $50bn by 2009-10. The estimation for the exports in the current financial year is about $19bn. There is substantial
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
potential in Indian exports of technical textiles and home-textiles, as most European companies want to set up facilities near-by the emerging markets, such as China and India.
The global demand for apparel and woven textiles is like
The global demand for apparel and woven textiles is like
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
y to grow by 25 percent by year 2010 to over 35mn tons, and Asia will be responsible for 85 percent output of this growth. The woven products output will also rise in Central and Southern American countries, however, at a reasonable s
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
eed. On the other hand, in major developed countries, the output of woven products will remain stable. Weaving process is conducted to make fabrics for a broad range of clothing assortment, including shirts, jeans, sportswear, skirts,
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
dresses, protective clothing etc., and also used in non-apparel uses like technical, automotive, medical etc…
It is been forecasted that the woven textile and apparel markets will sustain their growth from current till 2010. The imp
It is been forecasted that the woven textile and apparel markets will sustain their growth from current till 2010. The imp
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
rts of apparel and textiles will rise from developed economies like the USA and the western countries of Europe and Japan, along with some newly emerged economies, such as South Korea and Taiwan. Certainly, import growth has been witn
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
ssed vertical rise in the previous year.
Apparel is the most preferred and important of all the other applications. Woven fabrics are widely used in apparel assortments, including innerwear, outerwear, nightwear and underwear, as wel
Apparel is the most preferred and important of all the other applications. Woven fabrics are widely used in apparel assortments, including innerwear, outerwear, nightwear and underwear, as wel
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
as in specialized apparels like protective clothing and sportswear. Home textile also contributes considerably in woven fabric in products assortments like curtains, furnishing fabrics, carpets, table cloths etc.
Special kind of wov
Special kind of wov
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
en fabrics are utilized in medical as well as industrial applications. The medical applications include adhesives, dressing bandages, plasters etc.
Where as, industrial applications includes;
• Geotextile - interior upholstery,
Where as, industrial applications includes;
• Geotextile - interior upholstery,
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
rim, airbags and seat belts and lyre fabrics.
• Sailcloth - tent and fabrics used architectures, transportation and tarpaulins.
And many more applications… The Indian Industry foresees huge demand for industrial woven produ
• Sailcloth - tent and fabrics used architectures, transportation and tarpaulins.
And many more applications… The Indian Industry foresees huge demand for industrial woven produ
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
ts for medical and automotive applications. Demand for woven fabrics is anticipated to be rise vertically in the sector of home textiles.
Non woven sector has great future in terms of global demand, thus major facilities of cotton ya
Non woven sector has great future in terms of global demand, thus major facilities of cotton ya
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
n are currently concentrating just on home textiles. It is mandatory, that the peak management of the cotton yarn manufacturers analyze the future prospect and growing graph of demand for non woven products.
Conclusion
Anticipating
Conclusion
Anticipating
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
massive growth in medical and automobile sectors, these sectors assures substantial demand for non woven facilities in India. Albeit, home textiles also will lure higher demand, there are specific demands for home textile facilities a
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
so.
The 7th Five Year Plan has huge consideration on agricultural growth that also includes cotton textile industry, resulting a prosperous future forecast for the textile industry in India. Indian cotton yarn manufacturers should ru
The 7th Five Year Plan has huge consideration on agricultural growth that also includes cotton textile industry, resulting a prosperous future forecast for the textile industry in India. Indian cotton yarn manufacturers should ru
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
h forward for joint ventures and integrated plans for establishing processing and weaving facilities in home textiles and technical textiles in order to meet export target of $50bn, and a total textile production of $85bn by 2009-2010
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.diggit.org.ua/article/20177/diggit-Bright-Future-For-Indian-Textile-Industry.html">Bright Future For Indian Textile Industry</a>
BB link (for phorums):
[url=http://www.diggit.org.ua/article/20177/diggit-Bright-Future-For-Indian-Textile-Industry.html]Bright Future For Indian Textile Industry[/url]
Related Articles:
China is Kicking Americas Butt, the US is Out of Quarters
Bookmark it:
|