Textile tech giants see big potential in India

Textile tech giants see big potential in India

China and India may stand like colossus among global textile industry, but in textile technology, China seems to be imperceptibly stealing the show over India. The unflagging interest in investing in textile industry has given a clear lead to China.

China and India may stand like colossus among global textile industry, but in textile technology, China seems to be imperceptibly stealing the show over India. The unflagging interest in investing in textile industry has given a clear lead to China. Some of the major European textile technology giants obviously have a big presence in China with their plants in association with Chinese interests or sometimes as 100 per cent subsidiary. Chinese textile companies themselves have sharpened their skills and made inroads into technology domains of the Europe. Rotors, combers, stenters, airjets and digital printing are some of the areas where the Chinese have spread their wings. Their hunger for latest technology is also undiminished.

India stands No. 2, followed by other countries including Turkey, Pakistan, Bangladesh, Thailand, Indonesia, Vietnam and Sri Lanka, most of whom with varying interests in various segments and some of them even excelling in specific areas. A few of the European companies to whom the Editor had informal chat during his visit to attend ITMA Asia? 2014, expressed their confidence that the entire future of textiles lies with China & India.

The ITMA Asia? 2014 had a 31 per cent rise in number of exhibitors to reach a total of 1550 in about 14 Halls. Two-thirds of exhibitors are from China, and Made in China was more conspicuous than in all the previous shows in the past. According to Wang Shutian, President of China Textile Machinery Association (CTMA), with digital era maturing, the digital printing was accommodated in a separate Hall. "Importance was given to three important aspects in the development of textile technology: one is smart & networking technology, the second is energy saving & waste reduction and last but not the least is the new materials.

According to Charless Beaudoin, President of CEMATEX, World Trade Organisations data reveals that the global textile trade has hit a figure of $708 billion in 2013, with clothes taking a share of $423 billion and other textiles $286 billion. Chinas share is a whopping 33 per cent at $285 billion. The CEMATEX is all-out for the new venue for the next ITMA Asia? 2016 which will be held from October 24 to 28, 2016.

The global textile machinery industry is unndiivided on one issue: China is here to dominate for the next 10 years at least, and that Indias potential is bigger, but it has miles to go before converting the opportunity to its adavantage.

Hermann Selker, Director of Marketing, Truetzschler, is excited about the Indian market. "Truetzschler has the biggest set-up in Ahmedabad in India, which has a workforce of 850. This is bigger than the ones in Germany or China. German quality in India is now available. India is strong in the domestic market, but in exports, China has the lead and got the upper hand," says Selker.

Chief of Biancalani of Italy, Rossano Biancalanis sentiments are similar in more ways than one to that of Selkers. "Indias potential is as big as Chinas, but Chinas decision as faster. India sits on decisions and implementation. Lets hope that with the new Government, this improves," says Rossano. Biancalanis CMD hinted at a huge order his company, which is a leader in finishing technology, has bagged from a terry towel unit in India. "We have had very good successes with Vardhaman Group and Arvind in new orders. Our finishing touch to fabrics is very unique and it is the need of the hour for Indias textile exporting industry," Rossano says.

Saurer Group has completed one year since its separation from the Oerlikon Group. The re-established Saurer Group looks back on 160 years of experience in improving production processes at different stages of the textile value chain. "Today, Saurer Group has over 4000 employees and is still going strong. Its major markets are China and India. Its high-end products are being manfact

CATEGORIES
TAGS
Share This

COMMENTS

Wordpress (40)
  • comment-avatar

    alternatives to allergy pills strongest prescription allergy medication allergy medication primary name

  • comment-avatar

    sleeping pills order online order generic phenergan 25mg

  • comment-avatar

    deltasone 20mg without prescription order prednisone 10mg pills

  • comment-avatar

    nausea medication begins with e buy duricef 250mg sale

  • comment-avatar

    doxylamine uk over the counter buy promethazine generic

  • comment-avatar

    purchase amoxil sale amoxicillin 1000mg cheap buy cheap generic amoxicillin

  • comment-avatar

    zithromax 500mg for sale order azithromycin azithromycin ca

  • comment-avatar

    order neurontin 600mg for sale gabapentin price

  • comment-avatar

    azipro 250mg pills buy generic azipro buy azithromycin 500mg without prescription

  • comment-avatar
  • comment-avatar

    order prednisolone pills buy prednisolone 40mg for sale omnacortil 20mg uk

  • comment-avatar

    order deltasone 20mg pill prednisone 5mg brand

  • comment-avatar
  • comment-avatar

    levitra for sale online levitra 10mg cheap

  • comment-avatar

    clomiphene 50mg drug generic clomid 100mg order clomid generic

  • comment-avatar

    brand zanaflex generic tizanidine 2mg buy zanaflex generic

  • comment-avatar

    purchase rybelsus without prescription buy rybelsus cheap purchase rybelsus

  • comment-avatar

    oral semaglutide 14mg order semaglutide 14 mg generic rybelsus 14mg drug

  • comment-avatar

    albuterol 4mg uk order albuterol 4mg online order albuterol 4mg without prescription

  • comment-avatar

    cheap synthroid 75mcg levothyroxine cost order synthroid generic

  • comment-avatar

    brand vardenafil 20mg vardenafil order buy vardenafil paypal

  • comment-avatar

    buy plaquenil cheap buy plaquenil 400mg cheap plaquenil

  • comment-avatar

    clarinex buy online clarinex 5mg cheap buy clarinex pills for sale

  • comment-avatar

    glycomet price glycomet 500mg ca how to get glycomet without a prescription

  • comment-avatar

    lisinopril online zestril 2.5mg pills buy zestril without prescription

  • comment-avatar

    buy atenolol 50mg cheap tenormin 100mg tenormin cheap

  • comment-avatar

    medrol online pharmacy buy methylprednisolone pill buy depo-medrol us

  • comment-avatar

    help with term paper term papers for sale online essays writing

  • comment-avatar

    … [Trackback]

    […] Find More here on that Topic: indiantextilejournal.com/textile-tech-giants-see-big-potential-in-india/ […]

  • comment-avatar

    order zocor 10mg generic cheap simvastatin 10mg buy generic valacyclovir

  • comment-avatar

    purchase propecia pill diflucan 100mg price order diflucan 200mg pill

  • comment-avatar

    baycip uk – ciprofloxacin pills buy amoxiclav online

  • comment-avatar

    order lasix sale – purchase coumadin purchase captopril for sale

  • comment-avatar

    generic glucophage 1000mg – buy lincomycin pills lincomycin 500 mg for sale

  • comment-avatar

    retrovir medication – order generic rulide 150mg order zyloprim sale

  • comment-avatar

    order generic hydroxyzine 10mg – nortriptyline 25 mg us order endep generic

  • comment-avatar

    order zithromax 250mg online – buy generic ciprofloxacin for sale where to buy ciplox without a prescription

  • comment-avatar

    methylprednisolone 8 mg tablet – oral astelin 10ml buy generic astelin over the counter

  • comment-avatar

    desloratadine 5mg sale – ketotifen online buy ventolin 4mg canada

  • comment-avatar

    micronase 2.5mg cheap – buy pioglitazone 30mg for sale forxiga drug

  • Disqus ( )