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Terrot writes success story in India with Voltas

06
Dec '08
Mr Andreas Bismarck, MD - Terrot
Today India belongs beside China and Turkey to the biggest manufacturers of textile and clothing articles of the world. During the last 15 years the traditionally strong textile industry in India has made an enormous development to one of the most interesting and promising global world suppliers. Today India produces 12% of all textile materials.

With an acquired share of ca. 17% on the whole Indian export revenue the textile industry is the most important foreign currency bringer.

To meet the rising requirements of the Indian market Terrot reinforced its activities in India and founded a cooperation together with the Indian Voltas group in 2006. The successful cooperation distinguishes itself by the systematically market-oriented focus of their activities. Main focuses to be named are measures to ensure the quality management as well as the development and retention of new target groups.

Voltas supports local textile companies actively in every issue concerning the sales and service area, like starting up of new machines, advice in service and maintenance, spare-part service, textile-technical support and training. In numerous well-known textile factories of the Indian textile centres more than 1000 circular knitting machines made by Terrot are already producing a wide product range of knitted fabrics. With the market launch of the especially for the requirements of the Indian market designed S296-2 Terrot could enlarge its portfolio again.

With the participation at India ITME 2008 in Bangalore the company underlines the huge importance of the Indian market.

Against the current economic depression and strong losses in competition Terrot writes together with its Indian partner Voltas a success story in India: The company was able to increase its machine sales about 13% in comparison to the previous year. Therewith Terrot captures the biggest market share in the top machine segment in India. Next year the focus of the company will be strongly straightened on the market activities in Asia and in particular on India to expand its position and develop the achieved corporate success.

Terrot


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