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Today India belongs beside China and Turkey to the biggest manufacturers of textile
and clothing articles of the world. During the last 15 years, the traditionally
strong textile industry in India has made an enormous development to one of the
most interesting and promising global world suppliers. Today India produces 12%
of all textile materials. With an acquired share of ca. 17% on the whole Indian
export revenue the textile industry is the most important foreign exchange earner
and employment provider. Domestic requirements are also in the rising trend.
To meet the rising requirements of the Indian market Terrot reinforced its activities
in India and founded cooperation together with the Indian Voltas group in 2006.
The successful cooperation distinguishes itself by the systematically market-oriented
focus of their activities. Main focuses to be named are measures to ensure the quality
management as well as the development and retention of new target groups.
In numerous well-known textile factories of the Indian textile centres more than
1000 circular knitting machines made by Terrot are already producing a wide product
range of knitted fabrics. Voltas supports local textile companies actively in every
aspect concerning the sales and service area, like starting up of new machines,
advice in service and maintenance, spare-part service, textile-technical support,
training & value added services. With the market launch of the especially for the
requirements of the Indian market new designed S296-2, Terrot could enlarge its
portfolio again. With the participation at India ITME 2008 in Bangalore the company
underlines the huge importance of the Indian market.
Against the current economic depression and strong losses of competition, Terrot
writes together with its Indian partner Voltas a success story in India: The Company
was able to increase its machine sales in 2008 about 13% more in comparison to the
previous year. Therewith Terrot captures the biggest market share in the top circular
knitting machine segment in India. Next year the focus of the company will be strongly
aligned on the market activities in Asia and in particular on India to expand its
position and develop the achieved corporate success.
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