Chinese Textile Manufacturers Increase Their Marketing Activities In India

As the Ministry of Commerce and industry of India prohibits the import of second-hand textile machinery, the domestic textile industry will surely increase the amount of high-tech textile machinery and equipment produced by local manufacturers.

According to the India government, according to the technology renewal Fund (TUF), the import textile machinery will be subsidized by about 10% of the funds. China, Korea, Malaysia and Thailand will also be subsidized by the government. Textile manufacturing enterprises They are strengthening their largest man-made fiber center in India. Su La Marketing activities.

As the Ministry of Commerce and industry of India prohibits the import of second-hand textile machinery, therefore, textile industry It is necessary to increase the amount of high-tech textile machinery and equipment produced by local manufacturers.

According to the industry, textile manufacturers are importing second-hand textile machinery from China, South Korea and Japan to increase production and benefit from the TUFS.

"The decision to ban the importation of second-hand textile machinery will provide opportunities for local enterprises, increase their share in the textile industry, and also provide opportunities for international textile machinery manufacturers to penetrate India's market with high technology," said Arun Jariwala, chairman of the India arts Silk Weaving Industry Federation (FIASWI).

Jariwala said that importing new textile machinery would receive a 10% subsidy, which could lead to fierce competition from local manufacturers. After the ban on the importation of second-hand machinery, foreign textile machinery manufacturers have begun to discount the price of new machines, aiming to compete with local manufacturers.

Textile machinery manufacturers said textile machinery Competition is bound to intensify, such as rapier looms, water jet looms and shuttleless looms, because foreign companies have begun to discount the price of new machines.

Textile machinery manufacturers said: "we have no other choice but to focus on price and after-sales service. On the one hand, we are glad that the government has banned the importation of second-hand machinery, but on the other hand, we are worried that foreign companies will launch a price war.