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Picanol will continue to serve Pakistan textile industry
Nov '14
Picanol, the Belgium-based group specialized in the development, production and sale of weaving machines and other high-technology products, systems and services, will continue to proudly serve textile industry in Pakistan—one of the most dynamic textile countries in the world, the company said in a statement.
To meet this objective, Picanol participated in the 8th edition of IGATEX—the garment & textile machinery exhibition held in Pakistan’s Lahore city last month. At the expo, Picanol representatives had constructive meetings with almost all of the leading textile companies in Pakistan.
According to Picanol, machine sales, technical services and spare parts services are the three essential foundations required to properly serve an important market like Pakistan.
The company feels that there is plenty of potential for new investment in Pakistan’s textile sector, which is the largest industry in the country, and is continuing to grow.
“In a country where there is a shortage of electricity, especially in the north, the energy-saving features of Picanol’s latest products are proving to be particularly attractive for Pakistani customers,” the company said.
Furthermore, Pakistan is an ideal testing ground for Picanol to push its machines to the maximum performance level possible due to the quality of local cotton, the state-of-the-art spinning and preparatory machines, and the entrepreneurial spirit and great professionalism of the managers and the hard-working culture of the Pakistani people, the statement said.
Picanol is an important player in Pakistan’s weaving sector and in the last five years it has delivered more than 2,000 of the latest-generation OMNIplus Summum airjet and OptiMax rapier weaving machines to Pakistani weavers.
In addition to the headquarters in Ypres (Belgium), the Picanol Group has production facilities in Asia and Europe, linked to its own worldwide sales and service network. In 2013, the Picanol Group realized a consolidated turnover of 559.9 million euros. The Picanol Group employs some 2,000 employees worldwide and is listed on NYSE Euronext Brussels. (RKS)

Fibre2fashion News Desk - India

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