To expand Circular knitting machinery business in Indonesia market, Xiamen Zhenlihua Industry & Trade Co., Ltd. attended the INDO INTERTEX 2013 Fair from 18th to 21st April 2013 at Jakarta International Expo, Kemayoran, Jakarta.
One set of single jersey circular knitting machine of 36inch 28G108F was showed at our stall No.A717, which was running with 75D polyester and 20D spandex yarns.
Indonesia market continues to experience a period of strong economic growth, and it currently ranks after China and India as being the third fastest growing economy among G20 member countries. According to The World Bank, Indonesia is now the world’s 18th largest economy at US$650 billion with a growth rate expected to reach 6.3% in 2012, potentially 7% by 2013 and 8% by 2014 — exceeding the growth rate of both China and India within 10 years.
At the same time, within last two years, the textile industry turned in above-average real growth of seven percent. Investment is expanding in almost all areas. With foreign and domestic investment at US$18 billion in 2010 targeted to increase to US$40 billion by 2015, Indonesia will be the main attraction for investors after China and India.
Post: We Attended Indo Intertex 2013
This article was written by Jeawin of The Zhenlihua, a leading china circular knitting machine manufacturer, supplier & exporter. The company was committed to the researching, developing, producing and selling of circular knitting machines. Contact us today to receive the E-Catalogue. Reproductions of this article are encouraged but must include a link back to http://www.circularknittingmachinesale.com/