Despite some reduction in the export of Italian textile machinery to the traditional markets of China, India and Turkey, Italian textile machinery industry is optimistic of the rest of the 2015 and 2016 and is also having a positive outlook on the long-term prospects.
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Swissmem is the Swiss association of mechanical and electrical engineering industries (MEM industries). Swissmem was created by the merger of two associations: ASM (Association of Swiss Engineering Employers) und VSM (Swiss Association of Machinery Manufacturers).
As you enter the compact office of Visagar Polytex Ltd, located near Andheri West (Mumbai) on the SV Road, one notices more than its name what is written under its logo — You Dream, We Create. This sums up what Visagar Poltex has been doing since its inception: Adding value to its products, which include primarily ethnic wear.
A memorandum of understanding (MoU) has been signed between Kumaraguru College of Technology (KCT), Coimbatore, and Indian Textile Accessories & Machinery Manufacturer’s Association (ITAMMA), Mumbai to establish a common facility centre for textile engineering industry at the campus of KCT under the Cluster Development Programme (MSE-CDP) of Ministry of Micro, Small and Medium Enterprises (MSME), Government of India.
S Senthilkumar, President, ITAMMA in his welcome speech mentioned that Government of India has recently proposed a drive in favour of indigenous manufacturing and taking several policy decisions to make its ´Make in India´ campaign successful; where changes have been made in import and export duty structures as well as excise and other areas which will help the textile engineering industry to make the business at ease.
Savio India Ltd was set up with an intention of providing the world-class Savio products, specific to India?s textile market. With its corporate office located at Coimbatore with a strength of about 200 people and sales offices at Coimbatore, Ludhiana, Ahmedabad and Kolhapur, the company is presently serving the territory of India, Nepal and Sri Lanka.
Swiss-based Santex Group has signed a contract with Gain Lucky (Vietnam) at the beginning of the year. The contract includes the delivery of six Santashrink drying machines. Santashrink is the perfect solution for shrinkage, relaxation, and tensionless drying of tubular or open-width knitted fabric.