The 6th VDMA Mechanical Engineering Summit was held on September 8, 2017 at Hotel Sheraton Grand, Bengaluru, which was attended by more than 220 people. India is the second-largest sales market in Asia for the German engineering industry.
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With an exhibition area of more than 1,00,000 sq m, ShanghaiTex 2017 expects the participation of over 1,200 exhibitors and over 50,000 professional buyers.
The positive trend in textile machinery orders continues through to the third quarter of 2017. ACIMIT president Alessandro Zucchi states, “Growth for the Italian market is progressing, albeit following a more contained rhythm.
Gaining Ground: Automation in textile industry started more than a decade ago in India. Now, it is gathering steam and reaching wider areas, finds the ITJ Cover Story.
Oerlikon Manmade Fiber technology is all about high quality and cost efficient production. Thus for us, Smart Factory is another important lever to achieve significant steps towards this goal.
A proposal from Chalmers University of technology, Sweden has been granted funding on the basis of its innovative application for on/off dyeing by inkjet printing and its potential to influence new design and business models in the future.
The 2016 financial year was characterised by a significantly higher order intake, especially in the first half year, and lower sales compared to the previous year. Despite the decline in sales, Rieter achieved an EBIT margin of 6 per cent. Against the background of the solid financial and earnings position, the Board of Directors proposes to the shareholders to increase the dividend compared to the previous year.