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Rieter investor update 2019
The cumulative order intake recorded by Rieter Group in the first nine months of 2019 of CHF 524.5 million (2018: CHF 749.8 million) was down by 30 per cent compared to the prior-year period. In the third quarter of 2019, order intake was CHF 146.2 million (Q3 2018: CHF 238 million).
Rieter bags big order from Egypt
At ITMA 2019, the Rieter Group signed contracts for seven projects with Cotton & Textile Industries Holding Company, Cairo (Egypt), for a total volume of around 180 million Swiss francs.
Uzbek textile exports touch $1 bn
Uzbekistan produces around 1.4 million tonnes of cotton fibre annually, of which about 60 per cent is consumed domestically.
Modi sets $650 bn target by 2025: Textiles India
Indian Prime Minister Narendra Modi, while inaugurating India’s largest ever textile meet, Textiles India 2017 on June 30 in Gandhinagar, Gujarat, spoke at length on the strength and capacity of the Indian textile industry.
Clean and sustainable trade speak to support a better way of growing, processing and selling clothes have put a spotlight on the textile value chain. To make textiles sustainable the India Report Series highlight perspectives on the challenges on the transformation.
SSM displays at three exhibitions
SSM attended three exhibitions in spring time: Techtextil Russia 2014 in Moscow, Russia - the 12th Textile Asia International Exhibition in Karachi, Pakistan and the Exintex 2014 in Puebla, Mexico.
Sumangalas machine that prints 8 colours on yarns
Sumangala Machineries is in the field of textile industries since 1993. The companys main theme is Innovation based on advanced technology and quality concentrated exclusively in engineering design and development to withstand the customers needs
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