Indian textile industry contribution to the Indian Economy is 2% to GDP, 14% to Industrial Production, 8% to Excise and Customs revenue collections, 12% to total manufacturing exports, and employment opportunity to about 35 million people. Segment-wise, garments constitute an estimated 64.0% of the domestic market, followed by household fabrics (nearly 17.0%), technical textiles (14.3%), and home textiles (4.7%). The Indian textile industry aims to reach the pinnacle, with a total industry size of more than US $220 billion in the year 2020 at a CAGR of 11 %, comprising exports of US $80 billion and domestic market US $140 billion.

　　Technical Textiles is the emerging field for investments in India. The Indian government aplomb’s about promoting the growth of the technical textiles sector by creating new centers of excellence, market research and support programs. India’s growing middle class, which is expected to increase tenfold to 583 million people or 41% of the total population by 2025 will propel the country to become the world’s fifth largest consumer market. The market size of technical textiles in India was Rs 63,202 crores during the year 2011-2012 which has grown from Rs 41,756 crores in the year 2007-2008 with annual growth of 11% year on year basis. It is expected that the technical textile industry market size will reach Rs 1,58,540 crores by the year 2016-2017 with a growth rate of 20% year on year basis.