Textile Sector has immense opportunity in India – Experts from Taiwan said
Bengluru : In order tofamiliarize Indian enterprises with the latest developments of Taiwanese textile machinery, a webinar was held on April 29th, 2021. The webinar was organized by the Bureau of Foreign Trade (BOFT), MOEA, Taiwan, (R.O.C.) and the Taiwan External Trade Development Council (TAITRA).
Taiwan’s textile machinery industry enjoys a sterling global reputation because of its ability to deliver outstanding products. With its emphasis on high quality and reliable service, the industry excels at providing flexible technologies and textile-integrated systems.
Taiwan is the sixth largest textile exporter globally. Taiwan accounts for 70% of the world’s output of functional fabrics. The export value of Taiwan’s textile machinery was more than US $450 million in 2020.
The representatives from four leading Taiwanese textile machinery companies, namely: LOGIC ART AUTOMATION, PAILUNG MACHINERY MILL, ACME MACHINERY INDUSTR, and HSING CHENG MACHINERY, presented their latest solutions and technologies. Also they said the textile industry has always brought opportunities in India and they emphasized the possible association between Indian and Taiwan companies. The event attracted over 275 viewers.
The webinar offered the ways of various smart manufacturing solutions of textile industry which will lead to the advancement in manufacturing capabilities, cross-industry collaboration. Also the speakers explained the issues and solutions in areas such as Weaving, Spinning, Dyeing and Finishing and among others.
