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Indonesia's Plans to Replace Obsolete Textile Machinery to Benefit Chinese Makers
Source: ccct. Date: 2006-06-21
Textile manufacturers of Indonesia are incurring loss due to inefficient and obsolete machines that consume more fuel and affect quantity and quality of products.
Considering the seriousness of the issue, Indonesia has plans to complete its overhaul of textile machinery by 2009.
This in a way offers huge opportunity for China as Indonesia imports majority of its required textile machines from China.
Indonesian textile industry undergoing such an overhaul, will be a blessing in disguise for Chinese textile machine enterprises that have off late witnessed receeding orders.