Global Investors Aim At The Textile Industry

Following the mobile telecommunications, information technology and real estate industries, the textile industry has now become the target of global investors.

The near future, Spinning and weaving The industry is becoming a new competitive arena for foreign investors. So far, the textile industry is on the verge of transformation.

The 6 billion 600 million rupee transaction between Blackstone Group and Gokaldas export company gives a clear hint. The integration era of textile industry has begun. The deal gave a clear indication that foreign funds smelled. textile industry The smell will grow significantly.

With the increasingly fierce competition in the export market of neighboring countries, such as Bangladesh, Sri Lanka and Vietnam, larger scale capacity integration must be undertaken.

Analysts said the industry's further integration is very likely. They said that now private equity players will enter the textile industry.

With the appreciation of rupee, exports to the US market have slowed down, and pressure on exporters is pressing.

However, at the same time, we are exploring new markets. As the textile industry is so fragmented, smaller enterprises will integrate, expand production capacity and promote exports. Market analysts believe that in fact, this is an era of integration.

Although the United States and Europe will continue to be a traditional market, the textile industry is also moving into other areas.

Africa, West Asia, Russia, Latin America and Australia are all within the scope of development. According to industry experts, private capital operating companies, such as Goldman Sachs and Merrill Lynch, may acquire. Textile enterprises Equity.

However, those players with financial strength may not be interested in transactions less than US $100 million.

Textile companies say smaller companies can be merged into larger companies, which may open the door for attracting foreign investment.