Areas Ripe for Innovation

The adoption of cutting-edge technologies is among the most important areas for ensuring the future success of a company. For example, when industries in Tirupur adopted advanced spinning technology, this small town in Tamil Nadu found a place in the world markets, transforming it into a world-class facility for spun knitwear. Conversely, when the flourishing textile mills of Coimbatore failed to keep pace with the cutting-edge technologies adopted by the Japanese, the whole industry went into doldrums.