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Exports of German textile machinery to Vietnam skyrocket

18 Jun '11
1 min read

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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