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Chirag Pittie: SVP Global aims to become debt-free
May 2021
In this interview, Chirag Pittie, Director, SVP Global Ventures Ltd, highlights on the changing dynamics of the spinning industry in India and how his company is gearing up for the future.
Stäubli to present advanced machinery at ITMA Asia 2021
May 2021
Stäubli will present machinery equipped with high-end technologies as well as software solutions at ITMA Asia 2021. Stäubli booth is C21 in Hall 3 at the National Exhibition and Convention Centre, Shanghai.
Sintex Industries has been filed for insolvency by NCLT
May 2021
The National Company Law Tribunal (NCLT) has admitted an insolvency petition against Sintex Industries, a popular textile and yarn manufacturer in India, as it failed to pay around Rs 70 billion to creditors, led by PNB.
Rieter systems aiding sustainable yarn production
May 2021
Minimum environmental pollution, maximum power consumption savings, optimum use of resources: These are just some of the factors that Rieter has considered for decades when developing new products. The spinning systems offer customers sustainable yarn production and long-term profitability.
Dhiraj Raichand Shah is the new SRTEPC Chairman
May 2021
Dhiraj Raichand Shah, Executive Chairman of Shahlon Silk Industries Ltd, Surat, has taken over as Chairman of The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) at the recently held meeting of the Committee of Administration of the Council.
Karur exporters struggle with high cotton yarn prices
May 2021
Yarn from Coimbatore and Dindigul mills have slowly become more expensive and this is bringing down the profit margins of small and large textile businesses in Karur and is adversely affecting the textile export industry.
Ashwin Chandra: China-plus one strategy will help India
May 2021
In this interview, Ashwin Chandra, Chairman, The Southern India Mills' Association (SIMA), delves into challenges ailing the spinning industry.
A Ilavarasu: SAA aims to set up wet spinning technology
May 2021
In this interview, Anandan Ilavarasu, CMD, S A Aanandan Spinning Mills Pvt Ltd (SAA India), talks about policy anomalies and suggests some solutions to give a boost to spinning industry.
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