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Shima Seiki tapping market potential in Asia

Shima Seiki one of the leaders in knitting technologies sees Asia as one of its biggest and fast growing markets. Bangladesh is currently the fastest moving market for the company as the industry is rapidly converting its hand flats into automated flats. Another upcoming market is Vietnam, and the company is upbeat about the country more so after the recent TPP agreement which makes Vietnam a manufacturing base for exports into the US and Canada. Many Hong Kong and Chinese companies are looking at the option of setting up units in Vietnam, and a whole new market has opened up for Shima Seiki.

In India, brand owners and spinning mills alike are target customers for the company. Mills are moving up the value chain and flat knitting is a direct link between the yarn and the final product. Shima Seiki already has a good presence in the country especially among manufacturers focused on the export market.

Shima Seiki’s whole garment technology was pioneered 20 years ago. While Europe and Japan are using this technology extensively, its potential is yet to be explored in Asia. Flat knitting is no longer associated with woolen sweaters. Many different yarns can be used to make varied product categories using the technologies available with Shima Seiki.

www.shimaseiki.com/

 
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