The following research report contains market research, analysis, statistics and business intelligence relating to research on Textile Machinery In India.

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ABSTRACT
This report provides valuable information on the Indian textile
machinery market. Although this industry sector is relatively
small, there is some potential for real growth. The report is
particularly useful because it provides comprehensive lists of
contacts in the sector. U.S. firms interested in the sector are
advised to be more aggressive about marketing their goods and
services.

The total Indian market for the textile machinery in 1997 (the
latest year for which complete data are available) was estimated
at USD 895 million. The market is projected to grow at an average
annual nominal growth rate of 6 percent during the next 2 years.

There are at least 20 domestic companies offering textile
machinery for spinning, weaving, texturizing and finishing. The
Lakshmi Group of Coimbatore has been the most successful of these
companies. Lakshmi=s success is attributable to its longevity in
the sector and its ability to offer a range of textile machinery
directly or through its sister companies. Consequently, Lakshmi
can meet the needs of a variety of end users.

For the past two years, the market has been in a recession. As a
result, market players have become very cost conscious and price
sensitive. However, the future looks bright used textile
machinery. This market segment is likely to grow faster than the
broader market. The major factors that are likely to produce
growth for this sector include:

1. A worldwide increase in demand for Indian textiles and
garments.
2. The lowering of customs duties on imported textile
machinery.
3. Reduced government restrictions on the import of the used
capital goods.
4. The reduced cost of the used equipment which makes textile
manufacturing operations more viable.

The U.S. market share of imported textile machinery is only
approximately 3 percent. Competitors from European countries
such as Germany, Switzerland and the United Kingdom have taken
the lead and are concentrating on equipment for cotton spinning,
weaving, carding, winding and finishing. To become more
competitive, U.S. companies need to shift their focus from only
offering new equipment to offering both new and used textile
machinery to the Indian market. Given this type of shift in
focus, it is estimated that U.S. companies could increase their
share of textile machinery imports to 10 percent over the next
four to five years. In addition, U.S. firms can increase their
competitiveness by forming alliances with experienced Indian
partners who are very familiar with Indian market conditions.

Another strategy for increasing the competitiveness of U.S.
companies in the Indian market would be to focus on marketing
used textile machinery on a turn key basis, and coupling the
transfer of machinery with technological transfers, training,
and buy-back commitment for the Indian textiles and garments. This type of strategy is highly supported at the national and
regional levels by the Government of India (GOI).

A. MARKET HIGHLIGHTS AND BEST PROSPECTS

Market Profile

The Indian textile industry is the second largest in the
world--second only to China. Indian textiles also account for 38
percent of the country=s total exports and is, therefore, a very
important industry. The forecast is that textiles exports will
reach USD 35 billion by the year 2000.

To sustain this growth, it is imperatives that the textile
industry produce goods of high quality at reasonable prices. This
means that the industrymust continuously modernize its
machinery. Therefore, the textile machinery industry sector has
an integral role to play in the growth of India=s textile
exports.
Industry analysts note that textile prices are increasingly
competitive worldwide as more and more developing countries enter
the global textile trade. To maintain, if not increase, its
global market share, the Indian textile industry must procure
modern, low-cost, textile machinery so that it can produce high
quality textiles and garments for export at competitive prices.
It is in this context that the market for used textile machinery
is viewed as very promising. Used textile machinery permits
India to incorporate new technology at low cost.

Here are a few important facts about India=s textile:

1. There are approximately 1200 medium to large scale textile
mills in India. Twenty percent of these mills are located in
Coimbatore (Tamilnadu).
2. India has 34 million cotton textile spindles for
manufacturing cotton yarn. Cotton yarns account for 70 percent
of India=s textile exports. (China has 40 million cotton
spindles.)
3. Of the Indian textile yarn exports, almost 80 percent come
from coarser yarns (counts below 40s). Consequently, there is a
need to upgrade the technology.
4. For the past two years, there has been a significant
slow-down in the cotton spinning segment, mainly due to the
spiraling price of cotton.
5. The domestic knitting industry is characterized by small
scale units which lack adequate facilities for dyeing, processing
and finishing. The industry is concentrated in Tirupur
(Tamilnadu) and Ludhiana (Punjab). Tirupur produces 60 percent
of the country=s total knitwear exports. Knitted garments account
for almost 32 percent of all exported garments. The major players
include Nahar Spinning, Arun Processors and Jersey India.

Status of the Textile Machinery Industry
Approximately 120 companies manufacture the complete range of
textile machinery. Gross receipts for the Industry in 1997 were
nearly USD 700 million. The industry employs about 150,000
workers directly and an equal number indirectly. The demand for textile machinery is mainly from end user in the cotton textiles,
manmade fibers and wool units textile sectors. The industry=s
major problems are:

1. Inadequate design and engineering capability.
2. The high cost of raw material and components.
3. The high cost of finance.
4. Demand constraints.
5. Competition from foreign countries as a result of the
lowering of import duties on textile machinery.
6. The high quality of imported textile equipment.

The textile machinery industry sector experienced between 7 and 8
percent nominal growth in 1997.

Imported textile equipment include: Auto cone winders;
open-ended spinning units; single-cylinder knitting machines; CAD
systems; continuous fusing machines; air-jet looms; and
texturizing machines. The major exporters of textile machinery
to India include: Japan; Switzerland; Germany; Korea; the UK;
the U.S.; and Italy.
A number of textile projects were established in India between
1993 and 1995 that incorporated used imported equipment. These
projects were undertaken by the following companies: Samtex
Fashions Ltd.; Hanil Era Textiles Ltd.; and Tai-Chonbong
Industries Ltd. Based on the success of these projects, there is
good demand for used textile machinery that has been
reconditioned and supplied on a turnkey basis. It is suggested
that U.S. companies use this strategy to expand its market share.

Table 1.--Market Size Table (In millions of U.S. dollars)

Projected
Avg. Annual Growth Rate

For next
1997 1998 1999 2 years

Import Market 375 390 415 8%
Local Production 600 600 610 3%
Export 80 90 100 10%
Total Market 895 900 925 6%
Import from U.S. 10 11 12 10%
Exchange Rates 42.50 43.00 43.50

Note: Table 1 presents nominal growth rates; the growth rates
are not adjusted for inflation.

Estimated Future inflation rate: 6 percent
Import market shares for 1996: U.S. 3 %; Germany 15%;
Switzerland 20%; the U.K. 6%; Japan 20%; Italy 7%; and Korea 6%.

Sources: Directorate General of Commercial Intelligence
Statistics (DGCIS) and Industry consultants.

The Market share for used textile machinery is approximately 20
percent of the total market for textile machinery. As outlined
earlier, the textile industry is undergoing a mild recession and
becoming more competitive. Therefore, the industry prefers to
install quality used textiles machinery in anticipation of growth
in global demand. This is expected to accelerate the demand for
used textile machinery.
Table 2.--Market Size of Used Textile Machinery (In millions of U.S. dollars)

Last Current Next Avg. Ann. Year Year Year Growth for
1997 1998 1999 following
2 years

Import Market 75 85 100 15%

1996 import market shares: U.S. 0; Germany 20%; Switzerland
25%; Japan 10%; and Korea 15%.
Source: Industry consultants.

The market=s receptivity to U.S. products will improve if U.S.
companies couple the transfer of equipment with the transfer of
technology and with buy-back agreements for the textiles that are
produced with the imported machinery. This type of arrangement
works best when executed on a turn key basis. In the past, the
Indian market has been quite receptive to the import of used
textile machinery from Korea, Switzerland, and Germany. It might
be advantageous for U.S. companies to make a collective effort to
try the above described strategy.
Best Sales Prospects

Best sales prospects account for 60 percent of the total textile
machinery market. The remaining 40 percent is distributed among textile machinery types that are described later in the report.

The market for imported textile machinery is estimated at USD 375
million. The distribution of imported machinery, by type, is
presented below:

Percent Market
HS Code Machinery Share

84454000 Winding or Reeling Machines 20.0
84.46 Weaving Machine 14.5 84452000 Textile Spinning Machines 12.5
84451100 Carding Machine 5.5

The share of used textile machinery is approximately 20% of the
total market of imported machinery.
Best sales prospects for used textile machinery are presented
below:

Textile Winding or reeling machines
Textile Spinning machines
Weaving machines
Carding machines
Airjet looms
Auto coners
Texturizing machines
Ring Frames

The major types of machinery, their market share, and a ranking
of their prospects is presented in table 3.

Table 3.--Textile Machinery Best Prospects
(In millions of U.S. dollars)

Machinery 1997 Sales Prospects

Winding/reeling machines 76.3 H
Spinning machines 46.9 H
Weaving machines 54.4 H
Carding machines 20.8 H

Source: Directorate General of Commercial Intelligence Statistics
(DGCIS)
B. COMPETITIVE ANALYSIS

The Market

The current and future market position and market share of
domestic, U.S. and the third countries have been summarized in
table 4.
Table 4.--Current and Future Market Shares

Approximate Current Approximate Future Supplier Market Share Market Share
Domestic 61 % 50 %
US 1 % 10 %
Third country 38 % 40 %

Source: Director General Commercial Intelligence Statistics
(DGCIS)

The prospective growth in U.S. market share is likely to occur
mainly through the sale of used textile equipment. This growth
will occur at the expense of domestic producers. The market
share of third countries will probably increase slightly due to
their competitive edge in price, creditfacilities, and service
offerings. Again, the major third countries are Japan, Germany,
Switzerland, and the U.K.
To obtain a perspective on the types of textile machinery
projects that have been undertaken in recent years, information
on selected projects is provided below:

Name of the Company: Soma Textiles & Industrial Ltd.,
(1993-94)
Project/Place: Cotton spinning unit with an aggregate installed capacity of 30,240 spindles to manufacture cotton, yarn at Baramati Dist., Pune in Maharashtra
Project Cost: USD 3.7 million
Name of the supplier: a) Spinning preparatory machinery from
M/S Rieter Machine Works Ltd., Switzerland
b) Auto cones from W. Schlafhorst, Germany
c) Speed frames and ring frames from M/S Laxmi Machine Works, Coimbatore
d) Quality control equipments from Zelleweger, Switzerland

Name of the Company: Kandagiri Spinning Mills Ltd.,(1995-96)
Project/Place: An expansion project involving the installation of 11,520 spindles and also certain special purpose machines
required for yarn exports such as auto cone winders, two for one twisters and singeing machines at Seshancha-vadi Post, Mettupatti, Salem, Tamil Nadu

Name of the Company: Arun Processors Ltd.,
Project/Place: Knitting and processing facilities to manufacture 1,050 TPA of knitted processed fabrics of Singampettai Village, Bhavani Taluk, Periyar, District, Tamilnadu
Project Cost: USD 9.8 million

Name of the Supplier: a) Circular knitting machines from
Mayor & Cie, Germany
b) Singeing machine and merceizer from Lindouer Dornier Gesellscheft, Germany
c) Bleaching and dyeing machines from Thies GmbH, Germany
d) A range of finishing machines including stretching, shrinking and calendering from santex AG, Switzerland
Name of the Company: Maral Overseas Ltd., (LNJ Bhilwara
Group, Indore)
Name of the Supplier: Rieter Spinning System from Switzerland
Fakuhara Knitting Machines of Japan and
processing machines from Salvos, Greece and Switzerland.
Name of the Company: Gee Kay Textiles Ltd.,(1992-93)
Project/Place: Open-ended spinning unit for manufacturing cotton yarn using cotton and cotton waste at village Mohabat, 15 km., Stone, Tosham Road, Dist. Hisar (Haryana)
Project Cost: USD 2.6 million
Name of the Supplier: BDA ION model open end spinning machine from M/s Elitex 56215 Usti Nad Orlici, Czechoslovakia

Name of the Company: Hisar Spinning Mills Ltd.
Project/Place: Open-ended spinning unit for manufacturing cotton yarn at V&PO, Dabra, Dist. Hisar (Haryana)
Project Cost: USD 2.5 million
Name of the Supplier: 3 numbers open end machines of 224
rotors from M/S Eltiex Usti Nad Orlici, Czechoslovakia

Indian Companies

The major Indian companies that have a strong presence in the
textile machinery industry sector include:

Lakshmi Machine Works, Coimbatore
Textool Ltd., Coimbatore
Trumac Engg., Coimbatore
New Standard Engg., Mumbai

Trumac Engg. Company Ltd., a joint venture of Trutzschler of
Germany and ATE Enterprises Ltd., manufactures the latest
generation spinning preparatory machinery for cotton and
synthetic fibers. Trumac has excelled in the manufacture of blow
rooms with lap (scutcher) and chute feed systems. Trumac is also
the first company in India to manufacture international quality
high production cards and has over 800 cards operating in India=s
leading textiles mills. Trumac, offers a complete range of
spinning preparatory machinery--installed and serviced by their
engineers.

Gross industry receipts for India=s textile machinery industry is
presently around USD 600 million. Approximately USD 80 million
in Indian textile machinery is exported to other developing
countries.
Imports

Imports currently constitute 38.5 percent of the total textile
machinery market.However, this value is likely to increase to 45
percent by 2000 due to a liberalized import policy that features
a reduction in customs duties.

Significant suppliers of critical textile machinery are:

Equipment Supplier

1. Airjet Looms Tsudokama, Japan
2. Auto coners Scalfhorsdt, Germany, Mitsubishi, Japan
3. Texturizing Machines Marubeni, Japan
4. Ring Frames Laxmi Rieter, India

A comprehensive list of foreign companies servicing the Indian
market include:

Third Country Suppliers Country

Automatik Apparate Maschinenbau GmbH Germany
Bruno Amsler Ag Switzerland
Camber Int=l Ltd. UK
Giudici Davide & Figli SNC Italy
Int=l Textile Services Zurich
Kyang Yhe Delicate Machine Co Ltd. Taiwan, ROC Novotex Bulgaria
Metrimpex Hungatian Trading Co. Hungary,
Oscar Dilo Machinen fabrik KG Germany
Parker Hannifan Corpn, West Germany
SKF Textilmaschinen-Komponenten GmbH West Germany
Strojimport Foreign Trade Corpn Czechoslovakia
Teijin Seiki Co. Ltd. Japan
Terrot Strickmaschinen GmbH West Germany
Textima Export-Import East Germany
Val Lesina SPA Italy
Trutzschler GmbH & Co. Germany
Tsudokama Corpn Japan
(Air-Jet looms)Nuovopignone Italy
Bonas Machine Co. Ltd. UK
Hans Affuppur West Germany
Liba Machinenfabrik GmbH W. Germany
Bentley Engineering Co Ltd. UK
RHN Grieve Ltd. UK
Comez, Spain
S. A. Serracant Spain
Murao Bookl Kaisha Ltd. Japan
Gebruder Luscher AG Switzerland
Bates Textile Machine Co. Ltd. UK
Roblon Engineering Denmark
PEGG Whiteley & Sons Ltd. UK
Mesdan Italy
Bruckner Trockentechnik K.G. West Germany
Friedrichsfeld, Mannheim West Germany
Scalfhorsdt Germany
Mitsubishi Japan
Marubeni Japan
Rieter Switzerland
Oerlikon Switzerland
Kohap Korea
US Market Position and Share

The U.S. market share of Indian imports of textile machinery has
been minuscule--less than 1 percent

The major factors that produce this low market share include:
a) Competitors (particularly European companies) are able to
market their products with support from government as a package
deal. This mainly includes credit and funding facilities for
Indian projects. b) The US is not known to be a major supplier of textile
machinery. In fact, much of the textile machinery that is
installed at U.S. plants is imported from Europe and Japan.
A list of U.S. companies seeking to enter the Indian market is
provided below:

US Supplier

Gessner Company, U.S.
Gaston County Co. Ltd., U.S.
H. H. Arnold, U.S.
C. END USER ANALYSIS

Because U.S. firms will mainly be able to expand market share in
the Indian textile machinery market through the provision of used
equipment, a list of prospective end users of used equipment is
provided below:

Raymond Ltd., Mumbai
Grasim Industries Ltd., Nagda
DCM Textiles, New Delhi
S. Kumar=s, Calcutta
Reliance Industries, Ahmedabad
Mafatlal Industries, Mumbai
Arvind Mills Ltd., Ahmedabad
Ashima Syntex, Ahmedabad
Nahar Spining, Ludhiana

Almost 90 percent of the demand for used textile machinery is
likely to come from the private sector. The government-owned
National Textiles Corporation (NTC), which acquired approximately
140 failing textile units, is the only prospective enduser in the
public sector. Open-ended spining units and auto-cones are likely
to be the most demanded pieces of machinery. Future demand for
used textile machinery is projected to grow at approximately 15
percent. Companies interested in entering the market should be
aware that the most important factors that determines a
successful sale in India is the price and quality of the
machinery, and the after sales service.
D. MARKET ACCESS

Import Climate

The normal import duty on project imports is 25 percent. In
general, the import climate (in particular the regulatory
requirements) is highly conducive to U.S. trade. A textile
modernization fund has also been initiated by the GOI to help
modernize the industry.

There is no marking or labeling requirement in the sector. U.S.
companies can obtain information on the relevant standards from
Bureau of Indian Standards (BIS). The address is:

Bureau of Indian Standards
Manak Bhawan
IP Extension, P. O. Indraprastha
New Delhi - 110 002
Distribution/Business Practices

The best method for distributing products in this sector is by
offering turnkey project services and technologies together with
a buy-back commitment for textiles and garments produced by the
machinery. U.S. companies should target greenfield projects as
well as expansion projects to capitalize on the vast market
potential. A reliable local partner/representative could very
valuable in providing U.S. companies with market information on a
regular basis. The partner/representative could also perform follow-up services.
Financing

The GOI is providing several fiscal and financial incentives to
promote textile projects which are export oriented.
Recently the GOI approved a USD 5,800 million technology
upgradation fund scheme (TUFS) with the objective of modernizing
and technologically upgrading textile and jute industries to
enhance their viability and competitiveness. The program will
run for five years and is to begin on April 1, 1999.

Under the program, adequate funds are available to finance all
techno-economically viable projects. Within the textile
industry, the following segments have been identified: weaving;
knitting; processing and finishing units including composite
mills (but not stand-alone spinning units); garment
manufacturing; and cotton ginning and pressing. The jute
industry will be eligible for concessional loans for its
upgradation needs.
It is easier to acquire funding for export oriented units (EOU)
under the TUFS program, and favorable loans are easy to obtain at
for companies in the textile industry.
LIST OF KEY CONTACTS

B. K. Patodia
Chairman
Pastspin India Ltd
3rd Floor, >Palal Towers=
Ravipuram, M. G. Road, Kochi - 682 016

U.V.Warlu
Chairman
41, Nagarjuna Hills
Punjagutta
Hyderabad - 500 082

V.P. Punj
Chairman
C. T. Cotton Yarn Ltd.
25-B, Malanpur Industrial Area
District Bhind - 477 116 (M.P.)

Grasim Industries Ltd.
116, Free Press House
215, Nariman Point
Mumbai - 400 021

G. K. Sundaram, Chairman, Lakshmi Mills
Sanjay Lalbhai Managing Director
Arvind Mills Group
Ahmedabad

Indian Manufacturers

Precise Textile Machinery Industries
9, Shri Vallabh Industrial Estate, Opp.
Gujarat Bottling co., Rakhial
Ahmedabad - 380 023
Ph: 314098

New Standard Engg Co. Ltd
NSE Estate Gorgaon (E)
Mumbai -400 063
Ph: 8735261 Fax: 8727926

Padmatex Engineering Ltd.
8th Floor, Mafatlal Center
Nariman Point
Mumbai - 400 021
Ph: 243488 Fax: 2043571

Texmaco Limited
Birla Building
9/1, R N Mukherjee Road
Calcutta - 700 001
Ph: 205356, 280135 Fax: 289110

Balu Engineering Works
63G, Thiruvalluvar Street
G. N. Mills Post
Vellakinar Privu
Coimbatore- 641 029

Brundha Textile Industries
A 49, Sakkaral Chettiar Nagar
Varadharajapuram
Coimbatore - 641 015
Ph: 574734

ELGI Polytex Ltd.
8/27, Race Course Road
Coimbatore - 641 018
Ph: 25000, 32009
Fax: 34344

Excel Engineering Works
27, Ammulu Nagar, Perur Main Road Selvapuram
Coimbatore - 641 026

Lakshmi Card Clothing Mfg. Co. Ltd.
Kuppuswamy Naidu Puram Coimbatore - 638 662
Ph: 88256

Lakshmi Machine Works
L. M. W. Unit 1
Coimbatore - 641 020
Ph: 89371 Fax: 212420

Lakshmi Textile Exporters Ltd.
P.N. 4013, U. R. House, Avinashi Road
Coimbatore- 641 004 Ph: 217 722 Fax: 31420

Mohan Industry
1/52, Athippalayam
Coimbatore - 641 110
Ph: 89622

Priyadharshini Pneumatic Equipments
127, Lakshmipuram
Peelamedu, Coimbatore - 641 004

Spinloom Associates
POB No. 2485, 64, Park Street
Kattor Coimbatore-641 009
Ph: 33258

Sree Saraswathi Metals
128, Krishna Layout
Idigarai, Idigarai (P.O.)
Coimbatore - 641 031

Textool Company Limited
Ganapathy
Coimbatore-541 006
Ph: 531271 Fax: 532848

Welcome Traders
469-1, 2C, R. V. Complex Avanashi Road
Peelamadu
Coimbatore - 641 004
Ph: 573988 (PP)

ATE Enterprise Ltd.
61, Dr. S. S. Rao Road
Parel (E)
Mumbai-400 012
Ph: 022-4120179, 4143918
Fax: 413 9335

Arvind Ind
78, Amrut Estate, Dudheshwar
Ahmedabad - 380004
Ph: 387045

Bakhubhai Ambalal (Division of Sarabhai Machinery Limited) Shahibag House, 1st Floor 15, Walchand Hirachand Marg, Ballard Estate Mumbai-400038
Ph: 260 419, 268 758

Trumac Engg. Co. Ltd. Ahmedabad
List of Trade Associations

Adoni Handloom Master Weaves= Association
Adoni
Kurnool 518 301, A.P. A.P. Federation of Textile Association
344, Ramgopalpet
Secunderabad - 500 003

All India Manufacturers Organization
Assam State Board
Udyognagar Makum Road
Tinsukia - 786 125
Ph: 20450
Ahmedabad Textile Mills Association
Ranchhodlal Marg
POB 4056
Navrangapura
Ahmedabad 380009
Ph: 40827
Contact person: Mr. N. V. Ranganathan

Haryana Textile Manufacturers Association
77 Model Town
Panipat 130103 Ph: 2667

Karnataka Textile Mills Association
64, 4th Main NR 18 Cross
Malleswaram
Bangalore - 560 055

M.P. Importers and Exporters Association
207, Silver Arc Plaza, 20/1-C
New Palasia POB 591
Indore - 452 001

Northern India Textile Mills Association
PHD House
Siri Fort Inst. Area Opp Asian Games Village
New Delhi - 110 016

List of Government. Undertaking
Central Silk Board No. 39, United Mans MG Road
Bangalore - 560 001

Directorate of Cotton Development
14 Kamani Marg
Mumbai- 400 038

Directorate of Supplies (Textiles)
New CGO Building
Sir V. Thakersey Marg
Mumbai - 400 020

Maharashtra Chambers of Commerce
12K, Dubash Marg
Mumbai 400 001

Chief Controller of Imports and Exports
Udyog Bhawan
Maulana Azad Road
New Delhi - 110 001

National Textile Corporation Ltd.
Surya Kiran, 8th Floor
19, K. G. Marg
New Delhi- 110 001

Trade Fair Authority of India
Pragati Maidan
New Delhi - 110 001

Engineering Exports Promotion Council
World Trade Center
1st Floor, 14/1/B, Ezra St. Calcutta - 700 001

Cotton Textiles Export Promotion Council (Texprocil)

The South India Mills Association (SIMA)
Tirupur

Cotton Advisory Board
Delhi

Apparel Export Promotion Council
New Delhi

Indian Silk Export Promotion Council

Ministry of Textiles
Government of India

Indian Cotton Mills Federation

Ministry of Textiles
Udyog Bhawan
New Delhi - 110 011
TRADE PROMOTION OPPORTUNITIES

List of Exhibitions

Textile World Expo=99, is being organized in conjunction with the
79th world conference of the Textile Institutes.
The South India Section of the Textile Institute is organizing a
trade fair under the name and style Textile World Expo=99
complementing the 79th World Conference at Chennai

Contact: The Coordinator, Textile World Expo=99
The Textile Institute, South India Section
No: 308, Raheja Center, Avanashi Road,
Coimbatore - 641 018, India, Fax: 0422 211044, (/ 211004
Textil Home9 99
Venue : Sao Panto, Brazil
Date: 22-24 July9 99
Organizer: Exponor, 4450 Leca Da Palmeria - Portugal
Ph: 351-2-998 1400, Fax: 351-2-995 7499

Textiles & Garments B. S. M.
Venue: South Africa
Date: March 9-12'99

Tex Styles India=99
Venue: Pragati Maidan, New Delhi
Date: Feb 1-4'99
REGIONAL OPPORTUNITIES

Another strategy for consideration by U.S. companies is to
transfer existing textile manufacturing plants to India and
produce textile products using abundant and cheap Indian labor. Produced goods could be sold domestically and/or exported.
ROLE OF GOVERNMENT IN THE MARKET

Currently, industry players are dependent on the GOI for export
license due to the imposition of export quotas on Indian textiles
and garments. However, India=s expected signing of World Trade
Organization Agreements in the near future will create free trade
conditions for Indian textiles. In addition, the industry is
dependent on the GOI with respect to procuring cotton due to
restrictions on imports. Finally, industry players are
encumbered by the GOI=s setting of market prices on textile
goods.

DISCLAIMER
Information in this report relies on sources including Government Publications, Opinions of industry experts and other public sources. Infomat can accept no responsibility for the accuracy or completeness of such information or for loss or damage caused by any use thereof. All prices subject to change without notice.

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Published: 2006 August
Market: Mens Womens Childrens
Region: India
Industry: Textiles
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