| Textile machines have their roots of origination in the | | | | of recent economic downturn. Till the first half of the |
| Asian countries like China. In the European countries, | | | | year 2007, the global textile machine manufacturing |
| the concept of power looms didn't emerge before | | | | sector had a favorable growth rate. The countries |
| the 17th century. However today, the European | | | | like China, India and Turkey emerged as the large |
| countries like Germany and Italy are counted among | | | | consumer markets for the textile machinery till 2007. |
| the major textile machines suppliers. | | | | However, the period of recession affected the |
| | | | | import statistics adversely: |
| In the developing countries like India, hand weaving | | | | - In 2008, the number of textile machines imported |
| practices delayed the use of textile machinery. But, | | | | by China reduced by 25 percent than the preceding |
| the present day picture for the Indian textile industry | | | | year. |
| is different from past. India not only serves as a | | | | - India, the second largest consumer of textile |
| major consumer of textile equipments, it also | | | | machinery, too faced decline in import by 12 percent. |
| manufactures and exports different machines to the | | | | - The import got down by 53 percent in Turkey as |
| world. So, what have been the global trends in the | | | | well. |
| textile machine manufacturing industry? | | | | |
| | | | | At the same time, the developed countries like the |
| Rise in Demand | | | | United States, Germany and Switzerland too placed |
| The decade of 1990s can be easily called the growth | | | | fewer order in 2008. Interestingly, the countries like |
| period of global textile machines manufacturing. The | | | | Russia, Brazil, Egypt and Bangladesh ordered more |
| textile machines manufacturers from all over the | | | | textile machines during the same period. |
| world were confident about the growth of the | | | | |
| industry and this led to the development of | | | | Future Forecast |
| innovative textile machines. The technological | | | | Though, the world has moved out of the recession |
| development of these machines was supported by: | | | | period, the import and export of textile machinery will |
| - Increase in productivity ensured by these machines. | | | | take time to be on the growth track. However, the |
| - Better quality products seemed achievable through | | | | countries like China and India will revive their status |
| textile machines. | | | | as the emerging markets. The textile machines |
| - It was a cost saving and time efficient process to | | | | manufacturers in India are set to increase the |
| make use of the textile machines. | | | | production of textile machines for domestic as well |
| | | | | as global market. Knitting and spinning machines, along |
| By 1993, the textile inventories grew to $6 billion | | | | with textile testing equipments are the main machines |
| from $4.5 billion in 1985. The global textile machinery | | | | produced in Tamil Nadu and other states of the |
| manufacturing sector witnessed many ups and | | | | country. |
| downs in terms of shipments, workforce and other | | | | |
| factors. | | | | The rise in demand for non-woven textile products |
| | | | | and eco-friendly fibers is going to contribute towards |
| Period of Recession | | | | the increase in production of machine used to |
| Just like other industrial sectors, the textile machines | | | | produce them. So, textile machines can be expected |
| manufacturing industry too had to bear the effects | | | | to have a favorable growth period soon. |