machinery Traditional methods, laden with limitations and geographical boundaries, are being surpassed by a new paradigm that caters to a global audience, fostering an unparalleled array of benefits for customers worldwide.
Texcoms Worldwide, a global leader in refurbished textile machinery, launches Textile Auction, It’s the industry’s only textile-centric first online auction platform that brings together buyers and sellers on a global scale
Challenges of a Traditional Machinery Market
The challenges associated with machinery buying and selling can be complex and inefficient with multiple barriers to entry. Sellers see their asset values diluted because of fly-by intermediators, while buyers are unsure whether they can trust the reliability of the machinery being offered.
Textile Auction addresses the challenges head-on by providing a streamlined, transparent and direct marketplace. By removing unnecessary intermediaries and ensuring that all transactions are conducted with the highest level of integrity, Textile Auction redefines the traditional global marketplace for textile machinery. The platform offers both buyers and sellers a fair and efficient way to conduct business, ensuring that machinery is bought and sold at its true value.
Global Reach: Expanding the Machinery Market
Textile Auction expands the machinery market and connects buyers and sellers across the globe. Our site provides sellers with optimal valuation and access to assess their machinery, while the buyers have access to quality machinery.
We have also tailored solutions to the challenges of global markets, to tackle the challenges of international trade such as Letter of Credit (LC) based Payment solutions for our global customers, along with a wide array of qualified riggers to ensure the transactions are conducted efficiently and safely.
Bridging the Gap: Facilitating Cross-Border Business
Textile Auction is more than just an online auction platform,it is the place that transforms the textile machinery market and brings buyers and sellers together while facilitating cross-border business. Whether it’s for a small batch of machines or an entire factory liquidation, Textile Auction provides the solutions to make it happen.
The platform’s user-friendly interface and robust support system ensure that even those unfamiliar with online auctions can participate confidently. Buyers can browse listings, place bids and complete transactions with just a few clicks. Sellers can enlist their machines through our support team to ensure that their assets are showcased most professionally with clear details for buyers to help make their decisions and also monitor the overall auction process seamlessly at their own convenience.
Diverse Machinery Offerings: A Wide Array of Textile Machineries
One of Textile Auction’s most compelling features is its diverse range of machinery offerings. The platform hosts an extensive selection of machinery from various sectors of the textile industry, including spinning, weaving, dyeing, finishing, printing (DFP), and utilities. Additionally, the platform includes accessories and spares, catering to both those seeking cutting-edge technology and those interested in vintage machinery.
Each listing on Textile Auction undergoes a rigorous vetting process to ensure that buyers receive reliable, efficient machinery at a fair price. This commitment to quality not only benefits buyers but also gives sellers the confidence that their machinery will be presented in the best possible light. By maintaining high standards for all listings, Textile Auction sets itself apart as a marketplace where trust and transparency are paramount.
Punctuality Redefined
Time is of the essence in the textile industry. Adherence to timelines is non-negotiable. Online auctions prioritise punctuality, ensuring that transactions are conducted promptly, and meeting deadlines without compromise. This commitment to timelines reinforces trust and reliability.
Integrated Solutions
Textile Auction offers end-to-end liquidation services, ensuring each transaction is secure while making multi-machine relocations smooth. Textile Auction provides financial solutions and logistical solutions when needed by clients that minimise all stress associated with buying or selling a machine(s), assuring timely funding is made available to sellers and securing payment and logistical services for buyers.
Success Story: The Birla Century Auction
A prime example of our platform’s efficacy and effectiveness is the recent Birla Century auction, where we sold 300 looms and 75,000 spindles.
The client underwent strategic restructuring. The company made the strategic decision to sell its spinning & weaving machines.
The company’s management has decided to conduct an e-auction for the same.
Textile Auction alongside its strategic partner, Wazir Advisors has offered assistance to the client in performing the e-auction aiming to get maximum price realisation
The auction displayed Textile Auctions’ efficiency, transparency, and ability to deliver remarkable results propagating our business model to new standards
Textile Auction by Texcoms Worldwide is revolutionising the textile machinery market. Our transparent, trustworthy, and efficient online auction platform will bridge the gap between buyers and sellers and deliver mutually beneficial transactions. Join us in leading the future of Textile Auction today.
