Cash crunch is very much the talk of the town today! Though demonetisation is a bold decision taken by the Government, it has left a sudden jerk in the entire textile chain. Textile retailers faced the immediate impact and other intermediaries in the value chain are facing it now with a lag of a few weeks with reduced orders due to slower offtake.
Browsing: textile machinery
Orange O Tec Pvt Ltd, will be marketing cutting machines, pin tables, software, hanger systems, computerised tables and air tables produced by Serkon Makina, a leading Turkish manufacturer of textile and apparel cutting manufacturing technologies and equipment in the western and northern Indian markets.
The Indian Government has approved the Amended Technology Upgradation Fund Scheme (ATUFS) in place of Revised Restructured Technology Upgradation Fund Scheme (RRTUFS) with a one-time capital subsidy for eligible bench-marked machinery for a period of seven years from 2015-16 to 2021-22.
Andritz Nonwoven, part of international technology Group ANDRITZ, has received two orders from Fujian NanFang Textile Co Ltd (PRC) to supply two new neXline spunlace nonwoven lines for its new plant in the city of NanPing, China.
Surat-based textile manufacturer, Laxmipati Sarees, Siddhi Vinayak Knots & Prints Pvt Ltd is one of the leading manufacturers in polyester saree and women dress material in India. Sanjay Sarawagi, its Director, places great value on high-quality products.
LVD Company nv, Belgium has launched two new laser cutting machines — Phoenix FL 4020 and Phoenix FL 6020 — designed to handle sheet dimensions of 4,000 x 2,000 mm and 6,000 x 2,000 mm respectively.
Monforts production facility in Austria, Montex Maschinenfabrik Ges.m.b.H, has started production of the recently introduced complete range of coating units, with the first coating lines being shipped for delivery to Colombia, Mexico and Italy.