Established in 1962, Peass Industrial Engineers started as a machinery manufacturing company with its products specifically targeted to the textile industry. The company now offers its customers a wide range of machines. The manufacturing Plant was started at Navsari in south Gujarat.
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An affiliate of the world leader Habasit AG, Switzerland, Habasit-Iakoka offers synthetic sandwich spindle tapes, high quality power transmission and conveyor belts backed by an extensive distribution network and dedicated service in India and Bangladesh.
Jugal Kishore of Super Tex Industries, while talking to the ITJ team about the company´s plans for ITMA, says, ¨We are exporting our product to more than 25 countries around the world to the world class spinning mills. We expect to meet few more quality customers on the platform of ITMA 2015.¨
Charles Beauduin is the President of CEMATEX, the European Committee of Textile Machinery Manufacturers. He is CEO and owner of Michel Van de Wiele NV, an international technology player and leader in solutions for the textile industry. He holds a Master in Law from the KU Leuven and an MBA from Harvard Business School. He has a broad international management experience with professional experiences in Asia and the US.
Net profit of Rieter rose to 29.1 million CHF or 5.3% of sales as compared to 14.3 million CHF or 2.7% of sales in the first half of 2014 Rieter achieved a significant increase in sales and profitability in the first half of 2015. Sales rose by 6 per cent to 553.9 million CHF.
The Russian authorities have invited foreign clothing brands to localise their production in Russia, Deputy Industry and Trade Minister Viktor Yevtukhov says. Yevtukhov explains that State support programmes currently envisage subsidies for partially recovering the costs of materials,
The VDMA represents 3,100 mainly medium member companies in the capital goods industry, making it one of the largest and most important industrial associations in Europe.