Stäubli is an innovative mechatronics solutions provider with three dedicated divisions: Textile, Connectors and Robotics. With a workforce of over 4,500, Stäubli has a presence in 25 countries and agents in 50 countries around the world.

The year 2015 was one of the best years for the processing industry. Looking at the current trends and the sentiments that unfolded at ITMA, 2016 will also be as good as the previous year. Corporates, which have done modernisation, will invest in expansion in the coming years.

Weaving industry has been progressing well in the last couple of years. The first boom was in 2004 and 2005, when weaving attracted a lot of investment. Then it slowed a bit. Again in 2012, one more boom period started.

Spinning has been good in India, but looking at the trend unfolding in the last six months, it needs a relook. One is the Technology Upgradation Fund (TUF) which has been temporarily stopped. Secondly, the yarn export to China has virtually come to a standstill.

The global textile and garment manufacturing industry converged at ITMA 2015 in Milan to source innovative solutions to enhance their business sustainability.

This year will have been one of the most successful financial years in the recent history of German circular knitting machine manufacturer Mayer & Cie. In its 110th year in business, the company has manufactured and sold more machines in the past 10 years or so.