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Raga Tex hints at entering new segment
Raga Tex, was launched in 1996 as a proprietorship concern by a young lady entrepreneur Thiurmagal, ably assisted by her doctor husband Dr Bharathi Muthurathinam. “It appears that many big retailers abroad, either have already done, are planning to open shop, in India. We should therefore have plans to start investing in brand building and product promotion, within India”, says G Shekar, Executive Director, Raga Tex India Private Limited, in an interview with ITJ Senior Editor Karthik Muthuveeran.
Innospin ring travellers with Korean tie-up
Gurgaon-based, A M Innospin Systems Pvt Ltd has its manufacturing base at Faridabad which is very well known as the manufacturing hub for precision automotive parts. The company has grown into a multi-activity organisation with the background of textile technologists having vast experience at various levels in the industry. The company specializes in spinning and material handling.
Europe still dominates in textile technology, but India is no laggard. It has created its own niche. With 158 exhibitors at the present ITMA 2015, Indian textile machinery and spares industry has come a long way to spread its wings since 1975 when at the same Milan, India fielded a lone exhibitor. An ITJ Report previews the current scenario.
Medical textiles set to grow at 9% CAGR in India
Medical community and healthcare markets have much to gain by the growth of technical textiles industry, and India has only seen the tip of this vast potential for the domestic as well as global market, finds the Editor of The ITJ, reporting on an ITTA-organised seminar in Mumbai recently.
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.
Digital´s 29% Leap!
Digital printing is poised to capture a bigger share in the Indian market as the industry has started enjoying and reaping benefits of its technological advances. The ITJ Exclusive Report attempts to scan a view of this booming digital printing scenario.
Rising scope kindles silicones hopes
The hidden potential of silicones for the Indian market has still not been fully explored. Though the market is a bit slow, the leading producers are upbeat and are hard at cracking it. An exclusive ITJ report