2010 Motor India’s textile industry will reach about 987,000,000 U.S. dollars
In recent years, the Indian automobile industry is facing unprecedented prosperity. Automobile production and sales of compound annual growth rate (CAGR) of approximately 16% of the 2006-2007-07 production 11,000,000 vehicles, by 2010 the production of 19,000,000 vehicles.
As a result, textile and automotive industries will also be a big development. At present, the textile industry in the domestic automotive technical textile market, representing a ratio of 7%, the value of 590,000,000 U.S. dollars, is expected by 2010 to about 987,000,000 U.S. dollars.
India in the textile industry, textile technology more and more recognized by the market, has become the most dynamic and most promising industries. The automotive textiles is a very high rate of return of the industry, textile technology increasingly wide range of applications, such as internal decoration, safety devices (with full and airbags, carpets, filters, battery separators, Ju Peng liner, Hoses & belt reinforcement).
Per vehicle takes about 20-25 kilograms of textiles, automotive design that is more beautiful, but also need to feel comfortable and safe. In particular, some design solutions need to use some of the textile, tire reinforcement, sound insulation & vibration control. Apart from woven & knitted fabrics, non-woven needed.
India seems to be very bright prospects for the automobile industry, textile technology used in the automobile industry also needs to expand. As a result, it is no exaggeration to predict that in the next few years, India will be a great car textile development.