India-based Stovec Industries Ltd is planning to enter Chinese market with full-force.
The textile machines manufacturer has already started to expand its production capacity, especially that of printing machines and rollers.
Stovec Industries Ltd, CEO, Ashish Kaul, explained that global textile market is rapidly shifting from Western to Eastern countries, with China being the key force. These regions are also offering huge opportunities for high-end and top-quality products.
Company, which has significant presence in Turkey, Brazil, Europe, Russia and several other markets, is already looking for Chinese partners, so as to kick-off their business.
Participating in International textile machinery exhibition (ITMA) Asia 2008 is one of the steps taken by the enterprise to accomplish this goal. Exhibition has been scheduled for 27-31 July 2008 in Shanghai.
Fibre2fashion News Desk - China
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