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India:Saurer''s CEO Fischer sees shift in textile
industry to Asian production

2005-3-25


Since the expiration of the textile quotas, the textile industry will see a shift to Asian production, says Mr Heinrich Fischer, CEO, Saurer Textile.

Mr Fisher was answering a question whether quotas removal may have a positive impact on machinery demand in the market, in an exclusive interview given to http://www. fibre2fashion.com on the launch of its new section - Face2Face.

Mr Fischer said, "In Asia, the large, vertically integrated countries such as China, India and Pakistan will probably benefit most. This shift involves opportunities for the machinery suppliers. Although short term it may provoke a “wait and see” behavior of many of our customers."

When asked about the key factors for long-term survival of textile machinery manufacturers, he replied precisely - Technology, Cost and proximity with Customers.

Mr H Fischer takes the pride place in featuring at first interview at Face2 Face on http://www.fibre2fashion.com.

A string of interviews will apprear every month with a famous industry personality coming face2face, expressing their views and opinions that matter within the industry.

About Saurer Textile:

Saurer Textile is the world’s leading manufacturer of technologically sophisticated systems for spinning, texturizing, twisting and embroidery. Saurer Textile brings together eight brand names: Allma, Barmag, Melco, Neumag, Saurer Embroidery, Schlafhorst, Volkmann and Zinser. The products and services of each of these companies play a key role in the value creation process within the textile industry. A high level of technological competence in the field of textile machinery is combined with a consistent client orientation providing solutions which offer Saurer customers throughout the world significant advantages in their tough competitive environments.

About Fibre2fashion.com:

http://www.fibre2fashion.com is a leading online marketplace for apparel, textile and fashion industries of the world. It offers exclusive business solutions and is a veritable resource center for textile, fashion, clothing, accessories, machinery & equipment, fibres, fabrics, dyes, chemicals, RFID, nanotechnology, silk, cotton etc., providing latest information in terms of policy, market watch and price trend, company news, education, organisations, research and technology.

View Face2Face with Mr Heinrich Fischer.
 
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