H2F July-16-31,2007

India Registers Positive Growth in Home Sector while China Shows Decline of 4%
Is China Losing its Competitiveness?
Though China is still the single largest exporter of textiles and textile products, the scenario is fast changing giving way to a new equation. While in apparel and textiles China showed good growth in 2007, in the home textile segment the country’s performance has dropped by 4% as compared to the previous year according to China’s home textile association. No doubt, China is still a dominant player in the segment but India also has a lot of advantages with which it has carved a niche for itself in the world market. Team AO talked to some of the leading buyers sourcing home textile range from both the countries on the future of the industry and strengths and weaknesses of both the sourcing bases Read details

Environment Sensitive Anunay Fab Ltd, Ahmedabad
On Fast Growth Track: Water Effluent Treatment Plant in Pipeline
Fast growth, systematic planning and product development are the synonyms that define Ahmedabad based Anunay Fab Limited. The company, established in 1992 has, in its short duration, already made a mark in quality fabrics and home textiles. Anunay has kept pace with the fast changing needs of the international markets and has continuously adapted new technology and systems to offer an outstanding range in home textiles. The management reins are in the hands of young and passionate second-generation entrepreneurs. “We started the company from scratch and have succeeded in achieving a turnover of Rs 125 cr in exports with 12% growth in the last financial year,” said Anjani Agarwal, MD, Anunay Fab Ltd, who has received many prestigious awards including the Bharat Gaurav for taking the company to new milestones in a short period of time. The company’s consistent growth and performance has raised the bar for achievements and the company is aiming to become a US $200 million company by the end of 2010.
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