Released on = April 19, 2007, 11:27 pm

Press Release Author = Namrata

Industry = Small Business

Press Release Summary = World Capacities and Shipments of Textile Machinery : 2004
was not a good year for the international textile machinery market

Press Release Body = World Capacities and Shipments of Textile Machinery : 2004 was
not a good year for the international textile machinery market. Although some
sectors saw an improvement, most recorded a drop in shipments.

The market for weaving machinery was slow in 2004. Deliveries of shuttleless looms,
the more advanced weaving technology, grew by 4.6%. But shuttle loom shipments fell
by almost 18% as only three countries ordered machines.

In the spinning sector, sales either declined or were fairly static. Deliveries of
short staple ring spindles rose by only 0.2%, following a colossal 129% increase in
2003. Shipments of long staple spindles fell at a double-digit rate for the third
successive year. Deliveries of open end rotors-which are based on a newer
technology-fell by 19.8%.

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