Status quo in Global Textile Machinery: Mr Staffoni, CEO, Santex AG

27 Oct '08

2 min read

Tumbling economy accompanied with hot issues like scarce and costly raw feedstock, volatile currencies and energy prices has invoked a great tumult in world market. Every sector of our industry is under severe crunch and confronting the challenges imposed by these unfortunate happenings.

Market is marked with lots of movements in corporate strategies, where in, halts in productions, rein in capacities or shifting and relocating of manufacturing sites etc.. composes current market picture.

In such trailing times, decision makers are on the horns of dilemma as right decision on such sensitive issues can only help them sustain themselves at-least as ongoing player; if not a profit making figure.

Planning out appropriate action plan is obviously very vital. Understanding current market pulse, consequent future trends and exploiting this know-how to win over such situation in a poised manner is essential for industry today.

As vast world of textile machinery also confronts these headwinds; how is textile machinery market faring? How can SMEs in select sector win over these challenging times? etc., are important points needed to be analysed in the light of industry experts' comments.

With these questions and some more, Fibre2Fashion approached Mr Antonio Staffoni, CEO, Santex AG, Santex Group - a group of highly specialized companies working in a variety of fields in the textile finishing sector.

In exclusive interview with Face2Face team, Mr Staffoni, from his accrued savoir-faire , presents his stance on present state of textile industry and key strategies that help Santex maintain its lead in the market.

Fibre2fashion News Desk - India

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