{"id":8270,"date":"2026-05-15T20:37:29","date_gmt":"2026-05-15T15:07:29","guid":{"rendered":"https:\/\/www.entrepreneurindia.co\/blogs\/?p=8270"},"modified":"2026-05-15T20:37:29","modified_gmt":"2026-05-15T15:07:29","slug":"spandex-manufacturing-india","status":"publish","type":"post","link":"https:\/\/www.entrepreneurindia.co\/blogs\/spandex-manufacturing-india\/","title":{"rendered":"Spandex \/ Elastomeric Yarn Manufacturing in India: 32% CAGR Textile Opportunity"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8270\" class=\"elementor elementor-8270\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9e80094 e-flex e-con-boxed e-con e-parent\" data-id=\"9e80094\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0b9f71d elementor-widget elementor-widget-text-editor\" data-id=\"0b9f71d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><em><strong>spandex manufacturing India\u00a0<\/strong><\/em><\/p><p>India is rapidly moving towards higher value synthetic Fibers and one of the segments experiencing rapid growth today is that of manufacturing spandex Fibers. Spandex, which is also called elastomeric yarn is today an essential element of apparels and performance fabrics.<\/p><p>It is truly remarkable the way domestic production of elastomeric filament yarn had a CAGR of amazing 32% and grew from 6.6KT to 20.03KT over 4 years within the period in the Annual Report 2025-26 of the Ministry of Chemicals &amp; Fertilizers, Govt of India. In spite of this expansion, India relies very heavily on imports from China, South Korea and Taiwan as local production is far less than the local demand.<\/p><p>The gap between demand and supply is providing a huge opportunity for Indian manufacturers, MSMEs and startup owners who would like to venture into specialty textile manufacturing.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6a992bf elementor-widget elementor-widget-text-editor\" data-id=\"6a992bf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3 style=\"text-align: center;\" data-start=\"147\" data-end=\"192\"><strong data-start=\"149\" data-end=\"192\">Get Detailed Insights from This Book: <\/strong><a href=\"https:\/\/www.niir.org\/books\/book\/modern-technology-textile-dyes-pigments-3rd-edition\/isbn-9789381039717\/zb,,43,a,0,0,a\/index.html\" target=\"_blank\" rel=\"noopener\">Modern Technology of Textile Dyes &amp; Pigments (3rd Edition)<\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6a9b320 e-flex e-con-boxed e-con e-parent\" data-id=\"6a9b320\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-859d005 elementor-widget elementor-widget-heading\" data-id=\"859d005\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Why_Spandex_Manufacturing_in_India_Is_Growing_So_Fast\"><\/span>Why Spandex Manufacturing in India Is Growing So Fast<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4c984e1 elementor-widget elementor-widget-text-editor\" data-id=\"4c984e1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The growth is led by fashion trend and an increasing demand for stretchable fabric. Up to date customers are looking for clothing that is flexible, comfortable and performance focused. As a result, elastomeric yarn is now widely used in the fashion and healthcare industries.<\/p><p>The primary demand factors are:<\/p><ul><li>Activewear, gym clothes.<\/li><li>Stretch denim and casual fashion<\/li><li>Sportswear and athleisure<\/li><li>Swimwear and lingerie<\/li><li>Medical compression garments<\/li><li>Apparel for yoga\/performance<\/li><\/ul><p>The textile sector is also getting ready for exports to India. Global brands are demanding quicker delivery and better sourcing from non-China. This has enhanced the role of the Indian raw material suppliers.<\/p><p>A domestic spandex manufacturer has several advantages over importers:<\/p><ul><li>Faster delivery cycles<\/li><li>Reduce the amount of inventory required for buyer.<\/li><li>Rupee-based pricing stability<\/li><li>This translates to less foreign exchange volatility.<\/li><li>Improved customer service to textile mills<\/li><\/ul><p>Hence, many textile manufacturers in Tirupur, Surat and Noida are seeking reliable Indian suppliers.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9932b3a e-flex e-con-boxed e-con e-parent\" data-id=\"9932b3a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f625c7e elementor-widget elementor-widget-heading\" data-id=\"f625c7e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Current_Market_Opportunity\"><\/span>Current Market Opportunity<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ba1d41 elementor-widget elementor-widget-text-editor\" data-id=\"6ba1d41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Currently, India has installed capacity to produce 28.5 KT of spandex and estimated demand is 35-45 KT annually. This means a large portion of the market is still dependent on imports.<\/p><p><strong>Industry Snapshot<\/strong><\/p><table><thead><tr><td><p><strong>Parameter<\/strong><\/p><\/td><td><p><strong>Figure<\/strong><\/p><\/td><\/tr><\/thead><tbody><tr><td><p>Installed Capacity<\/p><\/td><td><p>28.5 KT<\/p><\/td><\/tr><tr><td><p>Current Production<\/p><\/td><td><p>20.03 KT<\/p><\/td><\/tr><tr><td><p>CAGR<\/p><\/td><td><p>32%<\/p><\/td><\/tr><tr><td><p>Estimated Demand<\/p><\/td><td><p>35\u201345 KT<\/p><\/td><\/tr><tr><td><p>Import Dependency<\/p><\/td><td><p>40\u201350%<\/p><\/td><\/tr><\/tbody><\/table><p>This gap is a huge opportunity for import substitution. A medium scale manufacturing organization can also see good revenues, provided they ensure quality and consistency of delivery.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1d4d03a e-flex e-con-boxed e-con e-parent\" data-id=\"1d4d03a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8652de4 elementor-widget elementor-widget-heading\" data-id=\"8652de4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"How_Spandex_Is_Manufactured\"><\/span>How Spandex Is Manufactured<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d6d018e elementor-widget elementor-widget-text-editor\" data-id=\"d6d018e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The manufacturing process of spandex is a special one which needs to have a chemical engineering process together with fibre technology. It is made by dry spinning technology, which consists of transforming a polymer solution made from polyurethane to elastic fibres.<\/p><p>Generally, manufacturing process consists of:<\/p><ul><li>Polymer preparation<\/li><li>Chemical reaction processing<\/li><li>Dry spinning extrusion<\/li><li>Solvent evaporation<\/li><li>Winding and finishing yarns.<\/li><li>Inspection and packaging of quality<\/li><\/ul><p>The main raw materials used are PTMEG and MDI. The PTMEG is imported, whereas MDI is partly available in India.<\/p><p>The process is technologically advanced, which means that the manufacturers need to have skilled engineers, controlled production systems and suitable environmental management infrastructure.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-70ce380 elementor-widget elementor-widget-text-editor\" data-id=\"70ce380\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3 style=\"text-align: center;\">Get Detailed Project Report (DPR): <a href=\"https:\/\/www.niir.org\/profile-projects-reports\/profiles\/textile-bleaching-dyeing-spinning-weaving-printing-finishing-textile-auxiliaries-projects\/z,,75,0,a\/index.html\" target=\"_blank\" rel=\"noopener\">Textile Bleaching, Dyeing &amp; Finishing Projects<\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f2c5733 elementor-widget elementor-widget-image\" data-id=\"f2c5733\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"724\" height=\"1024\" src=\"https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/05\/Untitled-design-63-724x1024.jpg\" class=\"attachment-large size-large wp-image-8278\" alt=\"spandex manufacturing India\" srcset=\"https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/05\/Untitled-design-63-724x1024.jpg 724w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/05\/Untitled-design-63-212x300.jpg 212w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/05\/Untitled-design-63-768x1086.jpg 768w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/05\/Untitled-design-63-1086x1536.jpg 1086w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/05\/Untitled-design-63-1448x2048.jpg 1448w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/05\/Untitled-design-63-150x212.jpg 150w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/05\/Untitled-design-63-750x1061.jpg 750w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/05\/Untitled-design-63-1140x1613.jpg 1140w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/05\/Untitled-design-63.jpg 1587w\" sizes=\"(max-width: 724px) 100vw, 724px\" data-full-width=\"1587\" data-full-height=\"2245\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a59fd90 e-flex e-con-boxed e-con e-parent\" data-id=\"a59fd90\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-54a0a11 elementor-widget elementor-widget-heading\" data-id=\"54a0a11\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Investment_Required_to_Start_a_Spandex_Plant\"><\/span>Investment Required to Start a Spandex Plant<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13ef384 elementor-widget elementor-widget-text-editor\" data-id=\"13ef384\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The demand for investment is more in spandex manufacturing than the traditional textile industries due to the use of specialized machinery and technology licensing.<\/p><p><strong>Estimated Project Cost<\/strong><\/p><table><thead><tr><td><p><strong>Plant Type<\/strong><\/p><\/td><td><p><strong>Investment Range<\/strong><\/p><\/td><\/tr><\/thead><tbody><tr><td><p>Pilot Scale Unit<\/p><\/td><td><p>\u20b925\u201350 Crore<\/p><\/td><\/tr><tr><td><p>Mid-Size Plant<\/p><\/td><td><p>\u20b980\u2013150 Crore<\/p><\/td><\/tr><tr><td><p>Medical Grade Unit<\/p><\/td><td><p>\u20b920\u201330 Crore<\/p><\/td><\/tr><tr><td><p>Recycling Unit<\/p><\/td><td><p>\u20b912\u201318 Crore<\/p><\/td><\/tr><\/tbody><\/table><p>These are the total investments:<\/p><ul><li>Plant and machinery<\/li><li>Civil construction<\/li><li>Utility systems<\/li><li>Solvent recovery setup<\/li><li>Raw material storage<\/li><li>Working capital<\/li><li>Technology licensing fees<\/li><\/ul><p>The entry is tough, but so is the potential for long-term profits.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-50cfada e-flex e-con-boxed e-con e-parent\" data-id=\"50cfada\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a403ac3 elementor-widget elementor-widget-heading\" data-id=\"a403ac3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Profit_Margin_and_Business_Potential\"><\/span>Profit Margin and Business Potential<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8586ff1 elementor-widget elementor-widget-text-editor\" data-id=\"8586ff1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Spandex manufacturing is regarded as a high value textile industry due to its high demand and lack of competition with other domestic textile industries.<\/p><p>Typical industry estimates are:<\/p><ul><li>Gross margins can be as high as 30\u201340%<\/li><li>Net operating margins could be anywhere from 15\u201322%.<\/li><li>On average, a break-even is typically at 55-60% utilization.<\/li><li>The typical payback period is 5\u20137 years.<\/li><\/ul><p>Profitability relies greatly on the price of raw materials, however. The cost of production of PTMEG is almost 60-70% of the total. The correct procurement planning and price hedging play a crucial role in achieving profitability stability.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ddaa08c elementor-widget elementor-widget-text-editor\" data-id=\"ddaa08c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3 style=\"text-align: center;\"><a href=\"https:\/\/www.niir.org\/startup-selector\" target=\"_blank\" rel=\"noopener\">Identify high-growth industries before others do<\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e324fc4 e-flex e-con-boxed e-con e-parent\" data-id=\"e324fc4\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0a5ddfa elementor-widget elementor-widget-heading\" data-id=\"0a5ddfa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Best_Locations_for_Spandex_Manufacturing_in_India\"><\/span>Best Locations for Spandex Manufacturing in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-241775e elementor-widget elementor-widget-text-editor\" data-id=\"241775e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Site location is a key factor of logistic efficiency and customer accessibility.<\/p><p><strong>Recommended Industrial Clusters<\/strong><\/p><p><strong>Tirupur, Tamil Nadu<\/strong><\/p><p>India&#8217;s biggest knitwear and activewear production centre.<\/p><p><strong>Surat, Gujarat<\/strong><\/p><p>Ideal for synthetic fabric and textile mill applications.<\/p><p><strong>Ludhiana, Punjab<\/strong><\/p><p>Great demand from hosiery and sportswear producers.<\/p><p><strong>Silvassa and Daman<\/strong><\/p><p>Good industrial infrastructure with manufacturing ecosystem advantages.<\/p><p><strong>Dahej, Gujarat<\/strong><\/p><p>Favourable connectivity and PCPIR support for excellent.<\/p><p>Placing near textile clusters is beneficial for manufacturers to lower transportation expenses and increase the speed of serving clientele.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c4d9e89 e-flex e-con-boxed e-con e-parent\" data-id=\"c4d9e89\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a192fdb elementor-widget elementor-widget-heading\" data-id=\"a192fdb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Emerging_Business_Opportunities\"><\/span>Emerging Business Opportunities<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2170d68 elementor-widget elementor-widget-text-editor\" data-id=\"2170d68\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>There are also niche markets that are rapidly expanding, apart from the regular apparel grade spandex yarn.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-dd3aaab e-flex e-con-boxed e-con e-parent\" data-id=\"dd3aaab\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-95124ef elementor-widget elementor-widget-heading\" data-id=\"95124ef\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Medical-Grade_Compression_Yarn\"><\/span>Medical-Grade Compression Yarn<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c4f69c3 elementor-widget elementor-widget-text-editor\" data-id=\"c4f69c3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The growth of healthcare facilities and the aging population are driving up demand for medical textiles. Compression stockings and orthopaedic products demand special qualities of an elastomeric yarn.<\/p><p>This segment offers:<\/p><ul><li>Higher pricing power<\/li><li>Better profit margins<\/li><li>Lower competition<\/li><li>Export opportunities<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5b3431a elementor-widget elementor-widget-text-editor\" data-id=\"5b3431a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3 class=\"wp-block-heading has-text-align-center\" style=\"text-align: center;\">Related Article: <a href=\"https:\/\/www.niir.org\/blog\/textile-manufacturing-business-ideas\/\" target=\"_blank\" rel=\"noopener\">Textile Manufacturing Business Ideas in India \u2013 High Profit MSME Opportunities with Low Investment<\/a><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3a1bcad e-flex e-con-boxed e-con e-parent\" data-id=\"3a1bcad\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8b6c0b6 elementor-widget elementor-widget-heading\" data-id=\"8b6c0b6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Spandex_Recycling_Sustainable_Textiles\"><\/span>Spandex Recycling &amp; Sustainable Textiles<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-49d4803 elementor-widget elementor-widget-text-editor\" data-id=\"49d4803\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Recycled synthetic fibres are being increasingly targeted by international fashion brands. A MSME opportunity to recycle and re-spin elastomeric waste could be a big opportunity in the years ahead.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6cb00e1 e-flex e-con-boxed e-con e-parent\" data-id=\"6cb00e1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-14e8625 elementor-widget elementor-widget-heading\" data-id=\"14e8625\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Government_Support_for_the_Sector\"><\/span>Government Support for the Sector<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d14086 elementor-widget elementor-widget-text-editor\" data-id=\"3d14086\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Multiple schemes are being promoted by the government of India to promote man-made fibre in addition to specialty textile manufacturing.<\/p><p>Ways to get help include:<\/p><ul><li>PLI Scheme for synthetic textiles<\/li><li>MSME registration benefits<\/li><li>Collateral-free loan support from CGTMSE is available.<\/li><li>State textile subsidies<\/li><li>PCPIR industrial infrastructure support<\/li><\/ul><p>These incentives can be a great way to lower project setup costs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-deaa475 e-flex e-con-boxed e-con e-parent\" data-id=\"deaa475\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-054426d elementor-widget elementor-widget-heading\" data-id=\"054426d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Why_Feasibility_Planning_Is_Important\"><\/span>Why Feasibility Planning Is Important<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c407c0c elementor-widget elementor-widget-text-editor\" data-id=\"c407c0c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The reason of many businessmen failing is that they are investing in the equipment without proper market validation. When it comes to capital-intensive business-like spandex making, it&#8217;s crucial to carefully plan ahead of investing.<\/p><p><a href=\"https:\/\/www.niir.org\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\">NPCS (Niir Project Consultancy Services)<\/a> assists the entrepreneurs in developing detailed project reports and techno-economic feasibility studies for manufacturing industries.<\/p><p>They include the following in their reports:<\/p><ul><li>Market demand analysis<\/li><li>Machinery selection guidance<\/li><li>Raw material sourcing plans<\/li><li>Preliminary cost and profitability estimates are provided.<\/li><li>Financial feasibility reports<\/li><li>Calculate the IRR and the payback of a project.<\/li><li>Plant layout and process details<\/li><\/ul><p>These DPRs can be used to:<\/p><ul><li>Bank loan approvals<\/li><li>Investor funding<\/li><li>MSME financing<\/li><li>Government subsidy applications<\/li><\/ul><p>In industries such as the one that produce spandex where there are huge technology and capital investments, thorough feasibility study would greatly reduce risk and improve project viability.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-abf2d2e elementor-widget elementor-widget-video\" data-id=\"abf2d2e\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/youtu.be\\\/YXfDXh2BNyY?si=tub0ukYDLCpO1EyI&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-721f5b0 e-flex e-con-boxed e-con e-parent\" data-id=\"721f5b0\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-06abcc9 elementor-widget elementor-widget-heading\" data-id=\"06abcc9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Future_of_Spandex_Manufacturing_in_India\"><\/span>Future of Spandex Manufacturing in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9fc32a0 elementor-widget elementor-widget-text-editor\" data-id=\"9fc32a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Technical <a href=\"https:\/\/www.entrepreneurindia.co\/blogs\/technical-textile-business-ideas\/\">textiles<\/a> and Specialty synthetic fibres are the future of Indian Textile Industry. Spandex is at the heart of this metamorphosis.<\/p><p>A number of factors are likely to boost the future growth:<\/p><ul><li>Rising sportswear demand<\/li><li>Expansion of athleisure fashion<\/li><li>China+1 sourcing trend<\/li><li>Increasing textile exports<\/li><li>Import substitution opportunity<\/li><li>Governments provide assistance to synthetic fibres<\/li><\/ul><p>The industry is still in the early stage as seen from the current 32% CAGR. If they are taking the plunge now, with some technical strategy and sound buyer connections, they should reap long-term benefits from market expansion.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-46fb1a1 e-flex e-con-boxed e-con e-parent\" data-id=\"46fb1a1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-58ecaa5 elementor-widget elementor-widget-heading\" data-id=\"58ecaa5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f6f2c65 elementor-widget elementor-widget-text-editor\" data-id=\"f6f2c65\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Q1. How much is the least investment that needs to be made in a manufacturing unit that produces spandex in India?<\/strong><\/p><p>The range of investment required for a small pilot scale unit is around \u20b925 lakh to \u20b950 lakh in the machinery, utilities, civil works and working capital.<\/p><p><strong>Q2. What is the reason for India&#8217;s import of such a huge quantity of spandex yarn?<\/strong><\/p><p>Demand from the domestic market substantially exceeds production capacity resulting in textile manufacturers being reliant on imports from China, South Korea and Taiwan.<\/p><p><strong>Q3. Profitability of spandex manufacturing in India?<\/strong><\/p><p>Yes. With stable and well managed production, the net operating margin is between 15\u201322%.<\/p><p><strong>Q4. What are the biggest consumers of spandex yarn?<\/strong><\/p><p>The main markets using elastomeric yarn are sportswear, activewear, stretch denim, lingerie and medical textiles, as well as swimwear.<\/p><p><strong>Q5. What are the ways NPCS can support entrepreneurs in this industry?<\/strong><\/p><p>NPCS provides detailed project reports, market study, financial forecast, guideline on machinery and feasibility study for setting up of a manufacturing unit and to obtain bank loans.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>spandex manufacturing India\u00a0 India is rapidly moving towards higher value synthetic Fibers and one of the segments experiencing rapid growth today is that of manufacturing spandex Fibers. Spandex, which is also called elastomeric yarn is today an essential element of apparels and performance fabrics. It is truly remarkable the way domestic production of elastomeric filament [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":8273,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","override":[{"template":"2","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"topbottom","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","show_comment_section":"1","number_popup_post":"1","show_author_box":"1","show_post_related":"0","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0"},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_paywall_metabox":{"paragraph_limit":"2","enable_premium_post":"0","enable_free_post":"0","override_paragraph_limit":"0","enable_preview_post":"0","enable_preview_video":"0"},"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[101,1081],"tags":[2018,2015,2014,2017,2016],"class_list":["post-8270","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-textile-industry","category-manufacturing-business-ideas","tag-elastomeric-filament-yarn","tag-elastomeric-yarn-manufacturing","tag-spandex-manufacturing-india","tag-spandex-plant-india","tag-spandex-yarn-manufacturing"],"_links":{"self":[{"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/posts\/8270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/comments?post=8270"}],"version-history":[{"count":9,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/posts\/8270\/revisions"}],"predecessor-version":[{"id":8286,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/posts\/8270\/revisions\/8286"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/media\/8273"}],"wp:attachment":[{"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/media?parent=8270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/categories?post=8270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/tags?post=8270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}