INDIA
India is the world's second largest producer of textiles and garments and third largest producer of cotton. The textile and garment industry in India is one the oldest manufacturing sectors in the company and is currently its largest and its fulfill a vital role in the Indian economy and it has Prominent position in the textile world.

It has a total market size of US $ 60 billion and accounts for 26% of the manufacturing sector, 20% of industrial production and 18% of industrial employment. It contributes 15% to gross export earnings and 4% to national GDP. In fact, encouraged by the impressive growth, Union Textiles Secretary Rita Menon recently said that the target for textile exports has been raised to around $30 billion for the current financial year against $25 billion achieved in the previous year. "As the demand is on the rise in Western markets, the government has raised the target." With rapid on going reforms India is expected to further improve its position in the 21st century.

KNITTING INDUSTRY

The Indian knitting industry has been one of the most innovative global producers of knitwear products. Its a growing industry and it emerged as a premier supplier of value added items.

Recently the industry has seen major technological developments which provide an essential service to the industry in enabling us to reach our full competitive potential, taking full advantage of new and emerging technologies. A large number of sophisticated computerized knitting, embroidery machines, dyeing machines, state of the art sewing lines, CAD/CAM systems, large scale processing machines, and other machinery required in the knitwear manufacturing have been mostly imported. Most of the global players are buying the Indian market with great interest as one of key market in the new millennium.

A budget provision of Rs 17,822 crore has been approved, of which Rs 12,671 crore is for committed liabilities under the ongoing scheme, and Rs 5,151 crore is for new cases under A-TUFS

KNITTECH 2019

KNITTECH 2017 will exploit the opportunities arising from the very latest technological development make sure that we continue to innovate, preparing for the we need to future.
To do this, our textile and clothing industry needs strong and relevant skills to compete successfully in World markets. In some areas we already have these; using new computer technology in knitting machines, Indian companies are succeeding in both reducing the production time of garments and increasing their fashion and design content.

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ABOUT TIRUPUR

We choose Tirupur in India for KNIT-TECH because it is the Knitting Capital of India, and the biggest region for textile manufacture.

Knitted garment exports from the region is around $5 billion annually and growing still with an equally enviable domestic market.

Tirupur's entrepreneurs and its work force is held in high regards for their skill sets, emphasis on technology, assimilating modern processes and their capacity to assume risks.

Tirupur offers top-class connectivity to the rest of the world - an international Airport, Rail Connectivity, Internal Container Depot for Sea-bound business, world-class telecommunication and a robust work force that is quick to learn and implement technologies to practical uses.

WHY CHOOSE US?

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