Tag: spinning machinery

Rieter presents Tech Solutions at ITMA Asia+ CITME 2021

admin- June 29, 2021

Rieter presented technologies in the physical and virtual booth that ensure customers’ competitiveness covering automation, fiber yield, energy cost, productivity, flexibility, and intelligence at ITMA ... Read More

Rieter receives orders worth CHF 300 mn in April 2021

admin- May 17, 2021

The order intake in April was broadly based internationally with the main focus on Turkey, Uzbekistan and India. Order intake in the first half of ... Read More

Automation is important for Indian spinning industry

admin- May 1, 2021

In this interview, C Kamatchisundaram, VP - Textile Machinery Division (TMD), Voltas Ltd, explains the importance of modern technologies for Indian spinning industry for maintaining ... Read More

Picanol acquires minority stake in Rieter

admin- April 1, 2021

Picanol Group has today acquired a minority stake in Rieter Holding AG , amounting to a total of 467,236 shares for a price of 45.4 ... Read More

Picanol Group acquires minority stake in Rieter

admin- March 17, 2021

Picanol Group has today acquired a minority stake in Rieter Holding AG , amounting to a total of 467,236 shares for a price of 45.4 ... Read More

Textile firms welcome PLI scheme; await clarity

admin- November 14, 2020

On November 11, 2020, The Union Cabinet gave its approval to extend the production-linked incentive (PLI) scheme to textile products along with nine other new ... Read More

SIMA hails Rs 1,460 bn PLI scheme

admin- November 12, 2020

Ashwin Chandran, Chairman, The Southern India Mills’ Association (SIMA) has thanked the Prime Minister and Union Textile Minister for including textile industry and allocating budget ... Read More