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The two global Swiss giants in the textile machinery´Oerlikon & Rieter ´achieved a double-digit growth in 2014. The Oerlikon Group sustained its strong operational performance and reported a sales increase by 16.1 per cent to CHF 3,215 million, driven by organic and inorganic growth.
MMF industry holds immense scope for India: Oerlikon seminar
The technical seminar, organised by Oerlikon Group in Daman, underscored the wider scope of manmade fibres in India. ´China will for the first time slowly change from planning industry principle to market-driven principle. Secondly, focus of China´s textile industry is more on domestic market development.
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