Textile Market of India
Basing on the data of India and China textile import and export, all proves India becomes the biggest potential market for textile machinery.
The import of textile machinery from India surgely increasing 47.54% in 2011.
India textile department import amount takes up 23% among all China textile industry export machinery in 2011.
China worldwide market of textile machinery export amount 1.22 Billion Dollars in 2009, among which India textile import amount is 0.335799 Billion Dollars. While in 2010, India import China textile machinery amount drop into 0.35471 Billion Dollar, meanwhile China textile worldwide export amount is 1.75 Billion Dollar. But in 2011, India textile machinery import amount sharply increase about 47.54% onto 0.52337 Billion Dollars. Same year, China to worldwide textile machinery export value 2.24 Billion Dollars.
No doubt, India already begins to the biggest oversea textile machinery market for China.
Edit by Vikas
Print Series Team
7 March, 2012