Strategy for introducing 3D fiber reinforced composites weaving technology

Abstract Conventional textile is no more a profitable business even after huge investments, due to highly competitive market. Therefore, it is understandable for a country to seek technological up-gradation for competitive edge. It is also believed that the intelligent application of new technologies can certainly boost up the processes of economic growth of a country. Many countries consider technical textile, particularly 3D fiber reinforced composites weaving as a strategic industry for economic strength and technological advancement. The aim of this paper is to conduct an exploratory research on 3D fiber reinforced composite weaving technology, through a review of series of research papers on 3D weaving, fiber reinforced composites and textile industry. This paper tries to identify the strengths, weaknesses, opportunities and threats of the proposed technology. It also evaluates risks involved in introducing a new technology and provides new investment opportunities for the local as well as global investors.