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India’s textile machinery exports up 20 per cent

Textile machinery exports from India registered a growth of 20.03 per cent 2017-18. Top 10 export markets are: Bangladesh, Germany, the Netherlands, Pakistan, Indonesia, China, Turkey, Vietnam, Italy and UAE.

Spinning, twisting and yarn preparation machines have a 35 per cent share in India’s textile machinery exports. Bangladesh is the topmost export market for India's textile machinery. Region wise, Asia is the largest market for Indian textile machinery, accounting for a 55 per cent share of textile machinery exports.

Cotton spinning ring frames exports account for a 59 per cent share. Cotton spinning ring frame machines are majorly exported to the Netherlands. Other important markets for India’s ring frames are Bangladesh, Pakistan, Malaysia and Indonesia. Cotton combing machines registered an export growth of 16.93 per cent for 2017-18. Vietnam is the top market for cotton combing machine exports.

Exports of printing machinery, including digital printing machines, fell in 2015-16 and 2016-17 by 14.6 per cent and 9.97 per cent. But in the last fiscal year the commodity has shown a rising trend with a growth of 24.3 per cent and having a 14 per cent share in total textile machinery exports. Bangladesh is the topmost market for this product.

 
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