Business Daily from THE HINDU group of publications Sunday, Sep 02, 2007 ePaper |
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Industry & Economy
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Automobiles Auto textile consumption may reach Rs 1,279 cr
Our Bureau Mumbai, Sept. 1 The automotive textile consumption in the Indian market is projected to reach Rs 1,279 crore in 2007-08, according to a concept paper released by the Federation of Indian Chambers of Commerce and Industry along with The Synthetic and Art Silk Mills Research Association. The market size in 2003-04 was Rs 1,141 crore. India is expected to consume 2,075 kilo tonnes of mobiltech (of which automotive textiles is a component) by 2009 compared with Western Europe’s 17,580 kt and Asia’s 17,980 kt, according to Rigby Associates, Manchester. All textile components used in automobiles such as upholstery, carpets, seat belts and tyre cords come under automotive textiles, which amount to almost 45 square metres of textile material used in an average car for interior trim. Reliance Industries Ltd, Raymond, Melba and Supreme Nonwovens are established players in the field of manufacturing automotive textiles, yet, it is a highly under penetrated domain, compared to international standards. “There are 30-40 major players in technical textiles which can be divided into 12 segments. In automobile textiles segment, 20-25 products are there,” said Mrs Shashi Singh, Joint Textile Commissioner. Mr Mohan Kavrie, Managing Director, Supreme Nonwovens Pvt Ltd, said: “There is space for five players in the Indian non-woven textiles and there are only two established players.” The attempts to make vehicles lighter have resulted in extensive use of fibre composites in the car body. Mr Suresh Balan, Assistant Manager of Samsung Corporation, which supplies raw materials to the Indian entrepreneurs, said: “The Indian manufacturers are very limited compared to our clients in other countries, and right now, through this conference, we are just watching the market to see what they will do. Most of the needs of the sector, I think, are imported from abroad.”
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