00 ItMa 2011 (exclusive Feature) - Textile Magazine

itMA 2011 [exclusive feature]
78 | ThE TEXTILE MAGAZINE OCTOBER 2011
for weaving & processing. Then we
have mid segment market who have
not bought any new looms until now
as they are running on powerlooms
and second-hand shuttless looms. We
are highly optimistic about positive
growth rate from both these segment.
In total weaving market would evolve
to higher level in next 4 to 5 years time
in India. You can watch my word.
TM: How has the year 2011 turned
out to be for Picanol india? How does
it compare with the previous year?
KV: 2011 has been very successful
year for Picanol in India. In fact, ever
since Picanol India started in 2008, we
have been reaching new heights year
after year. We have done extremely
well compared to last year thanks to
the continued faith of our beloved customer
in Picanol products.
TM: Any significant achievement
that you would like highlight during
the current year on the indian operations?
KV: Our market share continued to
increase compared to previous year.
Also we explored new segment in this
years which gives us the opportunity to
expand ourselves in the new application.
We have also increased the sales
and service network at Picanol India.
TM: How important is the indian
market for Picanol globally? What
are the future plans for the indian
market?
KV: India is always on top 3 market
for Picanol NV Group globally and
today Picanol has seen the success of
setting up Picanol India in the last four
years turnaround, and we have more
ideas to keep our focus on India. We
will keep expanding our presence in
India in the years to come.
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