Home / Knowledge / News / Textiles / Global textile industry needs to work together: Schindler
Global textile industry needs to work together: Schindler
Jul '14
Mr. Schindler
Mr. Schindler
Despite the growing global competition, textile industry should continue to work together to strengthen each other, including investment in other countries and other aspects of cross-border cooperation, opines Christian P. Schindler, Director General of the International Textile Manufacturers Federation (ITMF).
Speaking at recently held conference in China, Mr. Schindler pointed out that China has become the world’s largest textile manufacturer, and various sub-sectors of the Chinese textile industry are also among the world’s leading.
He said China has increased competition in the global textile industry after joining the WTO. China has a relatively complete supply chain, and a large textile machinery industry, which will allow the country to maintain sufficient competitive advantage in the long-term, he added.
On the future development of the textile industry, Mr. Schindler said despite increased competition in the international market, the global textile industry needs to continue to work together to strengthen each other’s industry.
Giving examples of increased cross-border cooperation projects, he said many Chinese companies have acquired European textile machinery companies, while some Indian companies have invested and built textile factories in the United States, and some European and Chinese companies have invested in the African textile sector.
The global textile industry chain from production of fibre to final retail sales is undergoing transformation, which means that the global textile industry must respond to new market changes, continue to make appropriate adjustments, and seek innovation and cooperation, especially by building partnerships across the globe, while continuing to learn new knowledge and skills.
Analyzing the global textile machinery industry, Mr. Schindler said, in the short-term, Chinese spinning enterprises are likely to invest in equipment to improve their competitiveness. This along with the changes made in the cotton policy by the Chinese Government will present a more optimistic trend for the Asian and the world cotton textile machinery industry.
From the long-term perspective, the consumer market would grow as the world population grows. Along with this, there would also be a growth in global GDP, which is likely to be especially rapid in India, China and other countries. This will increase human consumption of textiles. So, the prospects for the development of the textile machinery industry are quite bright both for the traditional channels of applications as well as in newer applications, such as medical, geology, aviation, and other industries.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Courtesy: Authentic Brands Group

Apparel/Garments | On 17th Jan 2017

Teen retailer Aéropostale reopens 500 stores in US

Teen apparel retailer Aéropostale has reopened 500 stores in the US,...

Courtesy: Centric Software

Information Technology | On 17th Jan 2017

Centric releases version 6.0 of PLM solution

Centric Software, the leading PLM solution for fashion, retail,...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search