LATEST NEWS
GST has struck the stumbling-block. Will it see the light of the day is the question on everyone’s lips! An ITJ exclusive report takes a hard look at the issues and various implications of this much-touted taxation initiative. GST, only a few months ago, it was a buzzword. With other pressing political issues and economic concerns, now decision-makers seem to be suffering from a temporary amnesia! The GST debate even has come to a standstill!
Thomas Nasiou has taken over the position as CEO of Uster Technologies as of April 1, 2016. Dr Geoffrey Scott and Philip Mosimann become Co-Chairmen of the Board of Directors. Koichi Ito joined the USTER Board of Directors succeeding Susumu Toyoda. Thomas Nasiou assumed the role of CEO. This follows a planned transition and handover of responsibilities from Dr Scott who remains as a member of the BODs.
The company Graf, located in Rapperswil near Zurich, is the leading manufacturer of clothings for flat cards and roller cards. Graf will introduce several innovative solutions at ITM in Istanbul. Flexible flat clothings are one of the key components in a carding machine. To ensure an evenly high quality of the cardingsliver, they have to be replaced regularly. For this process the card needs to be stopped. To keep these down-times as short as possible, Graf now offers a new flat top system, which can reduce the stoppage time by up to 70 per cent.
Wool is playing a new pretty cool role, thanks to renewed efforts by the Woolmark Company, which is spearheading a campaign to infuse new life into the consumption of wool in India. The image of wool is changing, and today is no longer associated only with its warmth for the cold winter, but also as a natural fibre fit for a tropical country like ours.
Coimbatore, known as the textile hub of Tamil Nadu, houses a large number of small, medium and large textile mills. It also has textile research institutes like the Central Institute for Cotton Research (CICR), South Indian Textiles Research Association (SITRA) and the Sardar Vallabhai Patel International School of Textiles and Management.
The US Department of Agriculture (USDA) has raised India’s cotton export forecast in April 2016 on account of increased demand form Pakistan. India’s exports are boosted 250,000 bales to 5.8 million on strong demand, especially from Pakistan, USDA said in its latest report. “Strong textile exports, especially of apparel and bed wear, have forced Pakistan’s textile sector to look to imported cotton, especially from India, to make up for a significantly smaller crop,†according to the report.
TURBO rings offer simplified running-in and extremely stable running performance with highest spindle speeds even under most challenging spinning conditions like Compact and Siro-Compact. R+F ring travellers stand out due to most rapidly building up of lubricating film on their con-tact area with the spinning ring. The CERADUR ring and traveller system optimizes capacity utilisation of long ring spinning machines and simultaneously reduces labour costs as well as traveller costs due to ex-tremely long lifetimes.
Starlinger & Co will present the RX 6.1, the latest model of the successful RX loom series, at Chinaplas 2016. With an IQ (Indicator of Quality – the average number of fabric meters produced without a warp break) of more than 200 and its high production efficiency, the RX 6.1 together with the other RX models rank among the looms with the lowest production costs per fabric meter.
Coimbatore, known as the textile hub of Tamil Nadu, houses a large number of small, medium and large textile mills. It also has textile research institutes like the Central Institute for Cotton Research (CICR), South Indian Textiles Research Association (SITRA) and the Sardar Vallabhai Patel International School of Textiles and Management.