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TECS road map for Indian Technical Textile Industry
September 17, 2004

Tata Economic Consultancy Services (TECS) has been retained by the Ministry of Textiles, through the office of Textile Commissioner (Mumbai) for a comprehensive and exhaustive study on technical textiles, first of its kind in India. It provided extensive coverage of 12 sectors (namely Mobiltech, Meditech, Protech, Agritech, Sportech, Geotech, Oekotech, Indutech, Clothtech, Hometech, Buildtech and Packtech) and over 100 individual technical textile products.

The study was divided in to three phases, that is, Phase-I - Current Market Status and Future Potential, Phase-II - For selected thirteen promising product segments detailed techno-economic viability reports including evaluation of alternate technologies, recommendations on minimum economic size, raw material sourcing, estimates of project cost, profitability and sensitivity analysis, Phase-III - Recommendations on policy issues and promotional measures on technical textiles along with a road map for the implementation of recommendations for the study.

TECS has successfully completed this assignment and the Office of the Textile Commissioner has forwarded the report to the Ministry of Textiles. TECS has been invited to make a presentation to the Consultative Group on Industry Constituted by the Planning Commission as a part of mid-term appraisal of Tenth Five Year Plan (2002-2007). TECS had bagged this assignment against competition from MNCs like Price Waterhouse Coopers and established textile retail consultants like KSA Techno Pack, Delhi.

TECS is also actively engaged in other interesting and challenging consulting assignments on behalf of reputed corporate clients like Reliance Industries Ltd. (Business Plan for Entry into New Product Line), HPCL (Logistic Planning Study in Bulk Transportation of Petroleum Products by Road), J.K. Cements Limited (Business Plan for Cement Industry), National Rayon Corporation (Scope for Expansion and Upgrading the Technology for Nylon Tyre Cord Fabric), Steel Strips Limited (Scope for Diversification in to Commercial Vehicle Wheel Rims), IDBI (Nirlon - Rehabilitation and Techno-Economic Viability), Kochi Refineries Limited (Scope of Value Addition to Petroleum Feed Stock), etc.

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