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Input cost of textile engineering industry rising: TMMA
TMMA expressed, in its recently held 60th AGM serious concerns about the rising prices of the raw materials especially steel. At the time of booking April-May-June quarter, the steel prices were 15-40 per cent lesser than the current rates.
Irani praises textile sector at SITEX inauguration
The union textile minister, Smriti Irani, inaugurated B2B textile machinery exhibition, Surat International Textile Expo (SITEX), organised by the Southern Gujarat Chamber of Commerce and Industry (SGCCI) on 9, January, 2021, held in Surat.
LMW awarded most innovative company of 2020 by CII
The Confederation of Indian Industry (CII) announced Lakshmi Machine Works (LMW) – Textile Machinery Division as the most innovative company of the year 2020. LMW received the award for its innovative products namely, FixFil, Lap former LH20S and Speed frame LF4280 SX.
Stäubli: Innovation driver of Swiss machinery landscape
Swissmem Textile Machinery Division recently celebrated its 80th anniversary, and the Stäubli Group, as a founding member headquartered in Switzerland, is renowned today worldwide as an innovation driver in textile mechatronics.
First Stoll product show at Karl Mayer China
Karl Mayer to show for the first time new solutions of Stoll, a brand for flat knitting, at an in-house show from 17th to 19th December, 2020, in Changzhou, China.
ANDRITZ to acquire Laroche of France
ANDRITZ has signed an agreement with Laroche, based in Cours, France, to acquire LM Industries comprising Laroche SA and Miltec SA, France.