Finishing techniques for medical textiles (1)

The Working Group for the 11th Five Year Plan has projected the market size of technical textiles to grow at about 15% per annum and at this growth rate, the market size for technical textiles will increase from Rs 26,076 crore ($ 6.5 billion) in 2006-07 to Rs 52,200 crore ($ 13 billion) by 2011-12. Keeping such high growth rate of the Technical Textiles market in view the Prime Minister Dr Manmohan Singh in his Valedictory Address announced, during the Tex-Summit 2007 organised by the Ministry of Textiles on 31st August and 1st September 2007, about the launching of Rs 689 crore Technology Mission on Technical Textiles in the 11th Five Year Plan.