Textile Machinery Industry has been growing day by day in India even in situations of pandemics. Machines for processing textile fibers were worth US$114.15 million from January to October in 2020 whereas, in January – October in 2021 it rose to US$199.83 million. As it was pandemic in 2020 and it majorly affected the Textile Machinery Industry, but after there were a few relaxations in the government norms, in 2021 Machines for processing textile fibers grew up to 75.06%. Now when we can segregate it country-wise, then the US$ million has been fluctuating, when it comes to Turkey, it was US$22.61 million in 2020 and when we look at the year 2021, then the US$ million has increased, i.e. US$54.92 million, it raised up to 142.90%; Bangladesh has a rambled up to 26.46%, that seems to be the lowest of all in which US$26.46 million was in 2020 and it increased in 2021, i.e. 22.56%; In the year 2020 in Malaysia it was US$4.46 million, while in 2021 it hiked by 237.22%, i.e. US$15.04 million; in Egypt, the growth has been the highest compared to the other countries, it was just US$0.6 million in 2020 but it grew so much in 2021 i.e. US$13.6 million which is 2166.67% of growth. In Benin, the growth is around US$3.59 million in 2020 and it rose to US$9.65 million in 2021, which means 168.80% growth. Uzbekistan seems the 2nd lowest of all, which is 31.49% of growth from 2020-2021 that was US$7.05 million and US$9.27 million respectively.
Here we come to China, which was US$1.9 million in 2020 while in 2021 it increased to US$7.84 million which means a 312.63% hike in China’s Machines for processing textile fibers. UAE was at a low stage as well but it rose eventually, US$0.49 million in 2020 whereas in 2021 it went up to 1171.43% of growth i.e. US$6.23 million. The growth percentage of Brazil decreased in 2021 that is US$5.53 million while it was US$6.95 million in 2020, which went up 20.43%. In other countries, the growth percentage was only 4.47% i.e. US$44.97 million & US$46.98 million in 2020 & 2021 respectively
Auxiliary machinery and parts for textile machinery
In Auxiliary machinery and parts for textile machinery, in 2020 it was US$89.30 million, while it grew by 53.91% i.e. US$137.44 million in 2021 and all data is between the month of January to October. In China, the percentage growth was 157.21%, wherein in 2020 it was US$9.09 million whereas in 2021 it was US$23. 38 million; in Japan it grew a bit more than China, in 2020 it was just US$5.09 million and it grew up to 223.97% in 2021 i.e. US$16.49 million; the growth in Germany was very less than the above countries, i.e. 63.53% wherein in 2020 it was US$8.72 million and it grew only up till US$14.26 million in 2021; in Italy the growth has been in 119.13% in 2021 that is US$5.28 million in 2020 and US$11.57 million in 2021; Growth is Bangladesh was a bit lesser that is just 61.33% that means in 2020 it was US$6.62 million and in 2021 it was just US$10.68 million; in Turkey the growth of the business was US$8.71 million in 2021 whereas in 2020 it was US$4.37 million and the percentage of growth in this country is 99.31%; Indonesia is at a very low growth rate that is 7.32% and in 2020 it was of US$5.33 million and it raised to US$5.72 million in 2021; Singapore seems to have a mediocre growth compared to other countries, i.e. US$3.63 million in 2020 and in 2021 it went up to US$5.33 million which means 46.83% of growth happened here; in UAE in the year 2020 was US$2.26 million and it increased till US$4.86 million in 2021 that is 115.04% of Growth; lastly in Vietnam the growth was just 46.99% wherein in 2020 it was US$2.66 million and in 2021 it became US$3.91 million that means 46.99% of growth. In the rest of other countries, in 2020 the growth was US$36.25 million wherein it decreased in 2021 i.e. US$32.53 million is -10.26%.
Machines for Knitting, Lace, Embroidery, Tufting, Etc
Machines For Knitting, Lace, Embroidery, Tufting, etc, have a lot of fluctuations in the % of the growth and this data is of January – October of 2020 as well as 2021. When we look at Germany, the was at US$0.06 million in 2020 and it increased up to US$2.37 million in 2021 so the growth in 2021 was 3850.00%; in Nepal, the growth of this business in 2020 was US$0.26 million and it raised by 142.31% i.e. US$0.63 million in 2021; in Saudi Arabia, the growth decreased up to 53.85% that is in 2020 it was at US$0.13 million and in 2021 it came down to US$0.2 million; in Kenya, the growth was at US$0.1 million in 2021 whereas it was US$0.08 million in 2020 that is means the growth was 25%; Japan was at US$0.14 million in 2020, it came till US$0.15 million in 2021 that is 7.14% of growth happened here; Ethiopia was at US$0.27 million in 2020 and it went up to US$0.07 million in 2021 that is very low compared to the previous year i.e. -74.07%. In other countries, the growth of this business went into minus that is -78.49%, in 2020 it was US$2.65 million and in 2021 it went down to US$0.57 million. Considering all the countries, in 2020 it was at US$3.59 million and it rose in 2021 up to US$8.95 million that is a hike of 149.30%.
Weaving Machines (Looms)
Weaving Machines (Looms) in total in 2020 it was at US$24.07 million and it increased in 2021 by 48.94% that is US$35.85 million, this data is between the months of January to October. Starting with Bangladesh at US$2.62 million and US$6.47 million in 2020 and 2021 respectively, that is 146.95% of growth in this business; in UAE it was US$1.51 million in 2020 wherein in 2021 raised to US$6.47 million that is a hike of 231.79%; Brazil had a hike of 432.88% as it was at US$0.73 million in 2020 and it went up to US$3.89 million in 2021; Vietnam went into -34.12% that is in 2020 it was at US$3.37 million and in 2021 it became US$2.22 million; Turkmenistan experienced a good amount of growth that is 982.35%, in 2020 it was at US$0.17 million and in 2021 it grew till US$1.84 million; Turkey was at US$1.91 million in 2020 whereas in 2021 it went down at US$1.48 million that is -22.51%; Egypt decreased as well up to -15.44% i.e. US$1.36 million & US$1.15 million in 2020 & 2021 respectively; Indonesia went till -25.81% that is lesser than the year before, in 2020 it was at US$1.55 million and in 2021 it became US$1.15 million; Sudan had grown till 145.95%, as it was US$0.37 million in 2020 and in 2021 it became US$0.91 million; lastly considering China that was at US$0.03 million in 2020 and it increased up till US$0.9 million in 2021 that means 2900% that the highest growth ever. In other countries, US$10.45 million was in the year 2020, and in 2021 it became US$10.83 million i.e. 3.64% hike.
