Colorjet of India Looks To Expand Its Presence in the China Market
Image Courtesy of Colorjet
After a successful show at ITMA, BARCELONA, 2019, Colorjet is coming to next International tradeshow focused on future textile, fashion trends and innovations at SHANGHAITEX- CHINA, 2019 in Shanghai from November 25th to 28th 2019.
ColorJet India Ltd, India's largest manufacturer of digital textile printing technology, is looking to expand its footprints in China to derive volume growth in the world's largest textile market in a bid to come among the top five industrial inkjet printer manufacturer in the world by 2025.
China has been the world's largest textile producing and exporting country and has remained strong over the years, which makes this market a very compelling reason for ColorJet India Ltd.
The Indian textiles industry, currently estimated at around US$ 150 billion, is expected to reach US$ 250 billion by 2019. ColorJet, with more than 33% market share in India in super wide format of digital ink printers, according to the IDC report, commands absolute leadership in the world's 3rd largest textile exporting and 5th largest apparel exporting country in the world.
The China textile market, which is pegged to be at US$ 230 billion is expected to reach US$ 400 billion by 2022.
China has been successful in maintaining this position for a long time now and ColorJet looking at this vast potential market of the super wide format of digital ink printers targets to capture 5 to 7% of the pie.
Mr. Jitender Pal Singh VP - Textile, ColorJet India Limited said, "Order volumes this year have been exceptionally strong, so we are looking forward to continuing the momentum by having live systems running at ShanghaiTex. China is the biggest market and ColorJet will be looking to make its presence in China. We are looking to achieve 5 to 7% of the digital inkjet printer market in China in the coming years. With our existing product lineup, ColorJet prides itself in providing more sustainable and efficient solutions that deliver maximum productivity as compared to its nearest competitor."
ColorJet India Ltd, will be showcasing live demonstrations of India's most preferred direct to fabric printer, the Vastrajet on pigment ink and the Metro- high performance printer, on reactive ink for fashion apparel producers in Hall-W1, Booth-B-15, at Shanghaitex- China, 2019.
The Metro by ColorJet is a modular, versatile industrial production printer with Kyocera print heads and with variable drop printing technology enables higher resolution of 600x1800DPI, finer printing quality and excellent sharpness with the productivity of up to 350sqm/h.
The Vastrajet is an established winner and over the last several years has fulfilled one purpose without fail - ensure a quick ROI. Apart from having better production speed and compact design then its competitors, VastraJet equipped with the ColorJet's latest technological innovation - AiS (Adaptive Ink System) has become an even more attractive investment.
"Keeping future sustainability in mind, Colorjet strives to supports its customers with all that is needed to get the best out of product; be it software, inks, consumables, spare parts or after sales service", added Jitender Pal Singh VP - Textile, ColorJet India Limited.
