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Sweden textile machine manufacturer Sultex plan to enter into China

Sweden textile machine manufacturer Sultex plan to enter into China

Write: Achilla [2011-05-20]
Sweden famous textile machine manufacturer--Sultex have already set up 22000 machines in India. At present, this company is considering to establish build manufacture base in China.
India government shows that multi-country textile machine manufacturer should grasp the opportunity of textile industry development to export products to India, and more important, cooperate with India enterprise. India s demanding value on textile machine is 45billion Rupee, increased by 20% annually.
It is introduced by experts in India textile industry that till 2010, textile industry will invest more 800billion Rupee, including 600billion Rupee for innovation of textile machine. So Joint-venture textile machine enterprise has large development space.