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Textile machinery group likely to see an increase in exports this fiscal

Related Keywords: after a year of marginal growth, equipment for spinning, Exports of textile machinery, likely to see an increase, other accessories, range of about 15 to 20 percent, spinning accessories, tepid international demand, Textile Machinery Manufacturers Association, this fiscal year, weaving preparatory

This fiscal year, exports of textile machinery, equipment for spinning, spinning accessories, weaving preparatory and of other accessories likely to see an increase in the range of about 15 to 20 percent, after a year of marginal growth due to tepid international demand in 2016-2017.

S. Chakraborty, secretary for the Textile Machinery Manufacturer’s Association, said that the international market did not see much growth last year. Further, for exports to grow in a particular market, the manufacturers needed to have local facilities to provide after sales and service support.

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