In his inaugural speech, at the 56th Annual General Meeting of the Textile Machinery Manufacturers’ Association (India) at Hotel Trident in Mumbai, R Rajendran, Chairman of TMMA, said that the Indian economy in 2015-16 was the shining example of one of the fastest growing economies and oasis of the world in the wake of global slowdown fueled by fall in oil and commodity prices. The GDP grew at 7.6 per cent in 2015-16, continued till date, the highest in last five years as against 7.2 per cent clocked in 2014-15. There was macroeconomic stability and prudent fiscal management. The fiscal deficit target of 3.9 per cent has been met and a fiscal deficit target of 3.5 per cent has been set.
Initially started by manufacturing a range of pins, Kolkata-based Bajaj Industries Pvt Ltd now has expanded its operation to the entire gamut of pins and pinned products as well as several other products. The company is currently engaged in manufacture of a range of textile pins, pinned products and textile machinery spares and accessories. Its customer range includes reputed textile mills, OEMs, and reseller’s across the globe.
Spinners are increasingly seeking to take control of the level of contamination in yarn. They need to meet customers’ quality demands exactly, using foolproof but flexible methods which also take account of mill efficiency, minimising waste and optimising productivity. This case study focuses on an Indian yarn manufacturer which originally invested in early-stage fibre cleaning in 2009, and has since upgraded to Total Contamination Control, combining the USTER® JOSSI VISION SHIELD and USTER® QUANTUM 3.
Reinforcing its commitment to Internet of Things, Services and People, ABB group appoints Guido Jouret, a pioneer of the Internet of Things, as Global Chief Digital Officer, reporting to ABB Group’s CEO Ulrich Spiesshofer, effective October 1, 2016. He will lead the next level of development and deployment of ABB Group’s digital solutions for customers globally and across all businesses.
A chartered accountant by profession, Darshan Mehta, President of Reliance Brands, entered the fashion industry by chance. He joined the Lalbhai Group in 1984 as CEO and stayed with the Group for next 23 years, donning several hats across diverse businesses including CEO of Arvind Brands and others. In 2007, he set up Reliance Brands Ltd. RBL today has partnered with many international brands in the premium and luxury fashion and lifestyle space for the Indian market.
The new combing set achieves the greatest productivity worldwide. The technology advantage of Rieter combing is based on the optimal interaction between machine and technology components, avers Yvan Schwartz. Confirmation of this strength, not only in the laboratory but especially under real production conditions with different cotton types, is Rieter’s guarantee for the customers success. The technological resp. qualitative and economical benefits are illustrated as follows.
Organised retailing in India has undergone remarkable growth in last decade owing to favourable demographics, growing consumer aspirations and brand consciousness. Correspondingly, the fashion category has also undergone profound ransformation over the years in terms of type and positioning of brands, formats, products and emergence of new players. The depth and variety of fashion brands have taken a quantum leap in shopping malls across all the sub-categories including apparel, footwear bags and accessories.