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In the Asian countries (excluding China, India and Turkey), Rieter increased sales in the reporting year by 36 per cent to CHF 433.9 million, of which Uzbekistan made a significant contribution of CHF 144.1 million.

With portfolio expansion and future development of the industry in sight, the organisers of Texprocess India and Gartex India have entered into a strategic alliance to form a unified industry platform ‘Gartex Texprocess India’.

The components and accessory segments of the textile machinery industry have been offering immense scope since the time the industry shifted from West to East, but the Indian industry is yet to tap their full potential, finds the ITJ report.