Falcon Yarns Pvt Ltd, a part of the Falcon Group, is a textile spinning unit at Gondal, Gujarat. The company is ably headed by its Directors: Richi Kotadia and Bhargav Suvagiya. The total turnover of the Falcon Group stands at a whopping Rs 5 billion.
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With over 160 years of experience in improving production processes at different stages of the textile value chain, Saurer Group has evolved from being a machinery and components supplier to the leading provider of intelligent solutions and services for processing fibres and yarns.
The BoDs of the Bangladesh Textile Mills Association’s (BTMA) organised a meeting where 7-8 members from ITAMMA were present. About 4-5 BoDs of BTMA attended the meeting including their Vice President, Hossain Mehmood. The meeting was held on February 10, 2018 at Dhaka.
Decision-makers from the Indian textile and nonwoven industry are warmly invited to register under www.germantech-indiantextile.de for the next VDMA Textile Machinery Conference and B2B-Forum from May 15-16, 2018 in Hotel The Leela, Mumbai. Registration is mandatory. The VDMA will bear organisational costs (no entrance fee). Deadline for registration: April 30, 2018.
Basant Wire, a manufacturer and technology solution provider as well as exporter of high precision pins, needles and pinned products for applications in textiles and nonwovens, are now offering import substitute products like open end (OE) spinbox components and pinned sleeves for perforation and fibrillation.
TK Sengupta is elected as President of The Textile Association (TAI) India, Central, for the term 2017-2019 in the elections during Governing Council Meeting held on February 1, 2018 at Nagpur.
Rieter’s growth in order intake in the Asian countries (excluding China, India and Turkey) was pleasing.
The Rieter Group achieved an order intake of CHF 1 051.5 million in the 2017 financial year. This represents an increase of 16 per cent compared to the previous year (+ CHF 146.3 million). Thus, the upturn seen in the first half of 2017 continued. Sales totaled CHF 965.6 million, up 2 per cent on the previous year (2016: CHF 945.0 million). The full annual financial statements and the 2017 Annual Report will be published by Rieter on March 13, 2018.