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Exports of German textile machinery to Vietnam skyrocket
18
Jun '11
Exports of textile machinery from Germany to Vietnam have skyrocketed in 2010, according to the German Textile Machinery Association (VDMA).

Though the value touched only €34 million, the growth stood at an astounding 114 percent over 2009.

Spinning machinery accounted for 88.2 percent amounting to €30 million, with the rest accounted for by weaving, knitting and finishing machines.

According to VDMA, shipment of textile and garment machines started to rise strongly August 2010 onwards.

Fibre2fashion News Desk - India

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