What are the current trends and demands emerging in the Indian textile space?
The Indian textile industry has bounced back strongly after the slowdown caused by the pandemic and lockdown. Since September, demand trends have been very encouraging — in fact, they are even higher than the pre-pandemic period. Initially, the rise in demand was attributed to pent-up demand due to lockdown followed by the festival season. However, the demand has sustained. Q1 2021 is looking promising and we are expecting to achieve strong growth in 2021.
How important is the textile sector for Delta Electronics India? Could you elaborate about the company’s products in this space?
Textile plays a major role in the economy of the country — the sector contributes 2% to India’s GDP, 7% of the industry output in value terms and 12% of the country’s export earnings. It is also the second-largest employment generator for the country. For Delta Electronics India, which has a wide range of automation solutions at the machine, factory and process level, the sector is very important. As the sector continues to grow and focus on exports, automation will naturally see faster adoption. Also, there is a huge market for the automation and modernisation of old machines. We are very bullish on the opportunities in the sector and are well-equipped to meet the unique requirement of the entire value chain right from machine makers to end-users who have retrofitting requirements. We offer programmable logic controllers (PLCs), human-machine interface (HMI), industrial robots and textile vector control drive to provide advanced automation solutions for the industry.
In your view, has the pandemic accelerated the automation trend?
This story is from the April 2021 edition of The Textile magazine.
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This story is from the April 2021 edition of The Textile magazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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