MARKET & ECONOMY
The Siemens’ Simatic ET 200SP motor starter protects electric motors and loads. Siemens has designed it for higher performance, and added new versions and functions.
The new Autocoro 9 with its individual spinning position technology sets new records for energy consumption, productivity, economic efficiency, ease of operation and quality in the fully automated machine segment. It is a strong driver of optimised textile value creation in the textile process chain: 25 per cent lower energy consumption, 19 per cent reduction in spinning costs, proven rotor speeds of 1,80,000 rpm, take-up speeds of 300 m/min and a 60 per cent lower servicing outlay are just some of its outstanding performance features.
India is ranked in the top five export markets of Savio, so the attendance at ITME is meant at massive level for being closer to the important customers, who are interested in Savio machinery for either their greenfield or expansion projects.
Itema, the world´s largest privately held provider of advanced weaving solutions, will exhibit five weaving machines in its booth and one rapier machine with Jacquard application in Stäubli booth at India ITME. Moreover, the company will highlight the strong advantages of its original spare parts in a dedicated corner, which will be of great interest for many weavers who have installed both the latest Itema machines and the previous Sulzer, Somet and Vamatex models.
Cotton yarn exports in India declined by 11.58 per cent in terms of value and 4.44 per cent in terms of volume during April – June this year compared to the same period last year. Cotton yarn exports to China, being the major consumer has declined.
As the world’s leading manufacturers of twisting and cabling machines, Allma and Volkmann will be presenting innovative products and solutions in the following segments: staple fibre yarns, carpet yarns, tire cord, industrial yarns and glass filament yarns.
The Indian Textile Engineering Industry (TEI) is more than 100 years old with an illustrious history of achievements, including manufacture of advanced spinning machinery, power looms, weaving preparatory machines, finishing and dyeing machines, etc. It has also made a mark in the world specially in the field of export of accessories which amount to nearly two-third of last year?s export of about Rs 2,600 crore.
Potential for shuttleless weaving machines is still enormous to reach an equilibrium with the excess spinning capacity, feels Navdeep Singh Sodhi.
Vietnam’s garment and textile export in the first nine months this year posted the lowest growth rate for the last ten years, reported Vietnam Textile and Apparel Association (Vitas). The down growth rate has been caused by import reduction from some major markets of Vietnam where have met with economic difficulties and the Britain’s exit from the EU.