Voltas Limited and Shima Seiki Mfg.,Ltd. entered into a distribution agreement for sales and marketing of Shima's products in India. This co-operation is expected to strengthen both Voltas and Shima's reach across the rapidly expanding Indian textile industry. The knitwear industry in India is expanding at a rapid speed.

There is an ever increasing demand for knitted apparels. Not only major brands, but numerous designers have also incorporated knits into their clothing lines. The application of knitted products is also increasing and going beyond garments to home textiles, upholsteries, shoe uppers etc.

The co-operation will focus on leveraging Shima's ability to provide leading edge products and the long standing expertise in 'computerized flat knitting machines', ' WHOLEGARMENT® Machines and Total Fashion Systems' while building on Voltas's established sales and marketing network across the country. Building on this association, Voltas will continue to deepen and expand its regional business contacts leveraging on its relationship with customers across the entire textile value chain thus helping open up new customer segments in flat knitting and WHOLEGARMENT® making process aligned to Shima's product range. Based on its long-standing and excellent customer relations, Voltas's network would be the key contacts for Indian customers for sales and marketing.