Chinese textile machinery producer may dock in Gujarat

China Texmatech Co. Ltd. (CTMTC), one of the largest Chinese textile machinery producer, importer and exporter, has yesterday concluded feasibility studies to set up a production base in Gujarat – India.

Mr. Wu Xiuhua, Vice President of CTMTC, who had earlier visited Gujarat with an official delegation from CTMTC in November, confirmed the same to fibre2fashion.

Fibre2fashion had earlier reported in November 2011 that the officials from CTMTC were on a visit to Gujarat and had also met the Chief Minister of Gujarat – Mr Narendra Modi and senior officials of the Industry Ministry.

“Our technical team recently visited Gujarat and has completed the feasibility studies including scouring for potential sites. They will present their report at our head office after which we will take the final decision, sometime around June 2012”, he added.

He said it was too preliminary when quizzed about the investment and the type of machinery they will manufacture.

When asked the reason for selecting India and Gujarat in particular, he said, “India has the second biggest textile industry in the world and the sector is also growing, which presents a very good opportunity for us.

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Gujarat - Home to the most vibrant textile hub

Gujarat which is considered one of the most industrialized states in India has a vibrant textile industry, whose history can be traced, going back by many decades.

Ahmedabad at one time was considered the ‘Manchester of the East. Surat, the second biggest city of the state is one of the biggest textile hubs in India and is also the biggest man-made textiles manufacturing hub in the country.

The textile industry contributes as much as 6 percent to the industrial production of the state and Surat also has to its credit installations of over 40,000 multi-head embroidery machines in the world, in the last three years.

The state also accounts for 12 percent of all textile exports from the country and has a well developed infrastructure for the textile industry, consisting of 18 product clusters, 5 dedicated Special Economic Zones (SEZs) and six industrial parks.

Gujarat accounts for 35 percent of the cotton output and also 60 percent of cotton exports from India. With the world’s third largest denim production capacity and the biggest in India, Ahmedabad has arguably earned the distinction of being called the denim capital of the world.

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