Home / Knowledge / News / Textiles / Indian imports of Chinese textile machinery skyrocket
Indian imports of Chinese textile machinery skyrocket
01
Mar '12
Indian imports of Chinese textile machinery skyrocketed by 47.54 percent over its previous year in 2011.

Alongside, the Indian textile sector also purchased around 23 percent of all the textile machinery and equipment exported by the Chinese textile machinery industry in 2011.

This makes India the biggest overseas market for Chinese textile machinery in the world, say figures provided by the China Textile Machinery Association (CTMA).

“India is the largest overseas market for Chinese textile machinery and is also the biggest reason for Chinese producers looking forward to setting up shop in India”, a top official of CTMA – Mr Zhao Xiaogang had told fibre2fashion recently.

China exported textile machinery amounting to US $1.22 billion in 2009 to worldwide markets, of which India imported worth $357.99 million.

In 2010, Indian imports of Chinese machinery dipped marginally to $354.71 million, against global shipments of $1.75 billion by textile machinery exporters.

However, Indian imports rose like a phoenix in 2011 to grow 47.54 percent to touch $523.37 million. In the same year, China globally exported textile machinery amounting to $2.24 billion.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Apparel/Garments | On 21st Sep 2017

BFC announces partnership with Chinese firm JD.com

The British Fashion Council (BFC) has forged a new partnership...

Textiles | On 21st Sep 2017

Indonesia’s textile exports may reach $15 billion by 2019

Indonesia’s textile-related exports are projected to reach $15...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search