Browsing: textile machinery

The Textile Machinery Division of SWISSMEM represents the interests of its 40 members. In 2015, SWISSMEM celebrated Diamond Jubilee, and over the past 75 years, its Textile Machinery Division has reached many milestones. Some of the members have become unchallenged market leaders in their segments.

ITMA 2019, the world’s largest textile and garment technology, has received strong response since online applications opened in May.

Coimbatore-based Lakshmi Machine Works (LMW) will modernise Kenya-based Rift Valley Textile Mills (Rivatex EA) to help it compete with its global counterparts.

A.T.E. has joined hands with Beba Mischtechnik GmbH, Germany, one of the leading manufacturers of mixers and foam generators in Germany as A.T.E. will now be Beba’s exclusive sales and service agents in India and Bangladesh.

The year 2017 has started off on a positive note for Italian textile machinery manufacturers. For the first quarter, orders have increased both in Italy and abroad. Says ACIMIT President Raffaella Carabelli: “Orders for the start of 2017 confirm a positive trend in major foreign markets, and a climate of trust for Italy’s textile industry that is on the upswing.”

The Goods and Services Tax (GST) rate for textile machinery has been fixed at 18 per cent by the GST Council at a recent meeting held in Srinagar.