IDEA 07 - International Engineered Fabrics Conference    
Register for IDEA07 IDEA07 - April 24-26, 2007, Miami Beach, FL

April 24-26, 2007

Miami Beach
Convention Center
Miami Beach, FL, USAEngineered Fabrics Expo

 
Tuesday, April 24
INDIA
8:30 am – 10:30 am

India as an Economic Power– Prospects for Growth

Saumitra Chaudhuri
Chief Economist
ICRA-India

In the past, economic constraints have limited India’s growth as a global force. Within the last thirty years, India has overcome these difficulties with sound macroeconomic policies that have resulted in tremendous growth.

Dr. Saumitra Chaudhuri, economic advisor at ICRA, an associate of Moody’s Investors Service, and a member of the Indian Prime Minister’s Economic Advisory Counsel, will discuss India’s initiatives that are in play to eliminate the country’s physical and social infrastructure limitations. Dr. Chaudhuri will also touch upon the geo-political risks and the likelihood of India sustaining such remarkable growth. Other topics include demographics on the Indian population, domestic market characteristics and long-term projections for the Indian economy.

 

Developments in India’s Technical Textile Industry

Dr. J.N. Singh
Textile Commissioner
Indian Textile Ministry, India

India’s textile industry is undergoing a major reorientation towards non-clothing applications of textiles (technical textiles) which is expected to grow from $6.7 billion (2005) to $12.4 billion by 2010. Driving this incredible growth will be the automotive, medical, agricultural, protective apparel and geotextile industries.

The processes involved in producing technical textiles require expensive equipment and skilled workers. India’s Central Government has an action plan in place to stimulate India’s technical textile industry with its Technology Upgradation Fund Scheme (TUFS) that provides incentives and subsidies to help technical textile companies manufacture sophisticated fabrics that are competitive in the global marketplace.

The Textile Commissioner acts as the principal technical advisor to the Indian Ministry. This office is entrusted with the responsibility of implementation of various regulatory orders. Through a network of regional offices, the Textile Commissioner carries out techno-economic surveys and advises the Government about the general economic health of the textile industry. The developmental activities of the Office of the Textile Commissioner center on planning the growth and overall development of the textile sector.

The Textile Commissioner also supervises and monitors various developmental and promotional strategies including TUFS for the technical textile sector. Learn more about TUFS and other government programs designed to propel India forward as a global leader in the technical textile industry.

No cameras, video equipment or cell phones with cameras allowed in the exhibit areas.
Program subject to last minute changes and cancellations.
The opinions expressed are those of the speakers and not necessarily those of INDA or its Board of Directors.

IDEA07 • INDA • P.O. Box 1288, Cary, NC 27512-1288 • Tel. (919) 233-1210 ext. 126 • Fax (919) 233-1282