SSM showed their newest textile machines at ShanghaiTex for the first time. The Swiss based SSM Schärer Schweiter Mettler AG, the inventor of the electronic yarn traverse system, took part at the ShanghaiTex on the booth of their agent Union Trading as well as on the booth of Rieter Components.
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Since 1911, Savio is specialised in the yarn-finishing segment, being the leading supplier of winding, twisting and rotor spinning machines, with manufacturing plants spanning over Italy, China, India and Czech Republic. As a manufacturer of textile machinery, Savio offers winding systems that are ideal for many different needs, supporting customers in the textile challenge of developing new applications to meet their requests.
The politics of Goods and Services Tax (GST) may take some more time to sort out, but its basic impact on textile industry can be analysed beforehand. ITJ sought opinions on GST?s impact on the textile industry. Current exemptions on certain goods to continue: Multiple exemptions exist under the present tax system ? the Centre has ~300 items exempted from central excise duty, while the States (together) have ~90 items exempted from VAT. These will be merged into a Final synchronised exemption list under the GST regime.
Suessen was founded in 1920 in the South German village of Suessen, from where it took its name. From its inception Suessen concerned itself with textile components and systems. Spindles were followed by top weighting arms and bottom rollers. In the mid 70s, we got involved in Open End spinning, and it the late 90s, compact spinning followed. In 2002, Suessen was acquired by the well-known Swiss company Rieter.
Power-Heat-Set is one of the leading companies in the heatsetting business. The team is continuously working on new developments to improve the heatsetting performance of their technology.
For more than 110 years, Mayer & Cie. (MCT) has manufactured circular knitting machines that are used to make t-shirts, night wear, underwear and mattress covers, among others. The capital goods manufacturer from the Swabian Jura has received many patents and revolutionised the automated circular knitting process, and is now the global market leader in the field.
TUF scheme of the Ministry of Textiles, Government of India can be cited as one of the best examples to demonstrate the influence of government fiscal policy and focused financial assistance