The year 2013 was of mixed type for Indian textile industry. On the one hand the mill sector (spinning/weaving) had a good year, the decentralised powerloom weaving sector had one or the other hiccups like power cuts, high tariff in power
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ndian textile industrys future is looking bright. In the last 8-month, there is a 17 per cent growth in apparel export. In textile fabric, the growth is 18 per cent. Last 3 years were bad for us, but 2013 started working well for the industry.
The stability and sustained growth of the Indian textile industry in 2013, amidst the economic crisis that the world has been facing especially in the manufacturing sector, revealed that the industry has gained the strength and maturity over the years to withstand the fluctuations in global trade to any extent.
Our industry is here to stay! As I am writing these lines, the year 2013 is coming to an end, time to take stock of what has happened. I would request my readers to keep in mind, that what follows are the simple thoughts of a mechanical engineer
The golden era has already begun. India stands to gain a lot now because China is almost done. They are no longer a big name in the market. Our population is also growing and especially there are more & more young men & women under 30, which obviously will boost consumption of textiles in the coming decade.
ndian textile industrys future is looking bright. In the last 8-month, there is a 17 per cent growth in apparel export. In textile fabric, the growth is 18 per cent. Last 3 years were bad for us, but 2013 started working well for the industry.
India is a big country, and has the potential to grow further and become a major trade partner for Italy. Biancalani has excellent working relationships with Indian textile clients, who understand very well the possibilities offered by our machines.