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High-end textile machinery demand on a rise
28
Apr '11
With continually rising demand for specialised machinery over the past one year, the importers and assemblers of textile machinery are hopeful about a positive future.

Sales of Pakistan's high-end textile machinery have reflected a continuous rise from March 2010, onwards.

Though, hit by energy crunch and security threats in the country, the textile machinery exporters are looking forward to better sales this year, in comparison with 2009 and 2010's depressing sales figures.

While several small textile industry players have exited markets during last two years, a number of textile businesses are now busy executing their expansion plans, and importing high-end machinery.

With soaring global demand for domestically produced denim clothes, demand for imported high-end textile machinery is also growing.

Textile sector in Pakistan imports a larger part of the machinery required by it from countries like Japan, Taiwan, China and South Korea. However, the Japanese high-end machinery costs five times higher than middle-end machinery from China.

According to the experts, with a view to improve value propositions the domestic units are importing high-end embroidery machinery, which is a positive development.

Also, now as the customers are well informed regarding the new technologies available in the global markets, this too comes as a challenge for the importers to meet customers' demands and expectations.

Further, sizeable rise in sales of embroidered apparels over the past few years has also greatly contributed to significant machinery imports.

Fibre2fashion News Desk - India

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