Machines constitute an integral part of the textile industry. The global textile machinery market is estimated to grow at a promising rate of 14.5 per cent from 2015 to 2020. This is helping the growth of the world economy, and as economic conditions continue to improve globally the demand for machinery is also increasing. Closer home, the total production value of textile machinery and parts stood at Rs 6,480 crore in 2013-14, according to the Official Indian Textile Statistics 2013-14, released by the Office of the Textile Commissioner.

With the objective to foster growth in this sector, Fibre2Fashion.com-the premier business platform for the textile, apparel and fashion industry--had launched the first edition of the 'Machinery Yearbook' in 2012 which was globally well-appreciated. Inspired by its success and demand from the industry, Fibre2Fashion has now come up with the second edition of 'The Machinery Compendium'.

This Machinery Compendium serves as a platform that allows wide exposure to machinery manufacturers and their products in the international textile market. It provides an opening to showcase their latest technologies and innovations to worldwide consumers, who can update their technology and application according to the market needs to augment their business. The entire concept is powered by Fibre2Fashion's strength in online and print media.

From the health of the industry globally to the India story and what some of the biggest machinery users want, the focus on sustainability and more, this second edition gives a lot to mull over.