Home / Knowledge / News / Textiles / Textile machinery sales zoom in 2010
Textile machinery sales zoom in 2010
22
Nov '10
Investment growth in fixed assets of textile industry is undoubtedly the direct factor in driving sales of textile machinery products. Statistics of recent years show that investment in equipment, basically accounted for more than half of the investment in fixed assets of textile enterprises.

China's textile industry completed a total investment of 276.291 billion Yuan in fixed assets from January to September this year, an increase of 25.66 percent year on year; the growth rate was 16.95 percentage points higher than the same period last year.

Investment scale of various sub-sectors in textile industry enlarged over the same period last year. Of which, wool and chemical fiber industries realized about a 50 percent growth rate in investment year on year.

In comparison, despite the high growth rate of fixed assets in wool industry, its base was relatively low, so the investment did not show an obvious drive in sales.

Investment growth in fixed assets of chemical fiber industry reached 49.36 percent, which effectively boosted sales of related machinery in the first three quarters of this year, the industry sold out 40 lines of polyester staple fiber equipment and 1,500 units of various texturizing machines.

Among sub-sectors of the entire industry, cotton textile industry still achieved the largest proportion of investment in fixed assets this year, accounting for 43.58 percent of total investment in the industry. The dependence of China's textile machinery industry on cotton spinning equipment is as high as 60 percent.

Statistics show that in the first three quarters, cotton spinning frames totaling to 6.49 million spindles were sold, an increase of 59.1 percent year on year, automatic winder added up to nearly 1,300 units, up 97.73 percent year on year. Sales of combing machines and blowing-carding combined units more than doubled.

In addition, investment growth of knitting and dyeing industry exceeded 20 percent in the first three quarters this year.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Courtesy: Alizilla

Apparel/Garments | On 24th Mar 2017

Alibaba's eWTP finds first overseas base in Malaysia

In a step towards using the internet to bring small businesses around ...

Textiles | On 24th Mar 2017

BJMC to produce cotton-jute blended denim fabrics

To meet demand from the market, Bangladesh Jute Mills Corporation...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Robert Brunner
Devereux

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

news category


Related Categories:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


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