Earlier, Singh was a President and CEO at Sutlej Textiles and industries. Welspun Living announces the appointment of Updeep Singh as the Director – Growth Initiatives.…
Browsing: Updeep Singh
Sutlej Textiles and Industries Ltd – the flagship textiles company of the KK Birla Group whose roots date back to pre-Independence India – is a pioneer in superior spun yarns that have set industry benchmarks for innovation.
Itema, the world´s largest privately held provider of advanced weaving solutions, will exhibit five weaving machines in its booth and one rapier machine with Jacquard application in Stäubli booth at India ITME. Moreover, the company will highlight the strong advantages of its original spare parts in a dedicated corner, which will be of great interest for many weavers who have installed both the latest Itema machines and the previous Sulzer, Somet and Vamatex models.
Weaving Terry, Like Never Before, the banner above the new R9500 terry loom of Itema at their Colzate office seemed to convey all that the machine stands for ´ perfect terry weaving, when it was unveiled to a select audience of VIPs from Turkey, Japan, Korea and other countries.
Itema has grown by about 60% in the last two years in a market that declined by about 30% over the same period.
Itema, the world´s largest privately held provider of advanced weaving solutions, including best-in-class weaving machines, spare parts and integrated services, announced results for the full year (FY2014) ended December 31, 2014, maintaining positive trend for the second year in a row after the FY2013 and H1 2014 spectacular results.
Fulvio Carlo Toma (FCT): The year 2014 has been a tough year for the weaving machinery industry but, despite the slowdown of the market, we, at Itema are more than satisfied with our performance. We registered an increase in the number of weaving machines sold compared to the previous year, and this itself is a hugely significant result considering the brilliant growth Itema obtained in 2013 and the decline in the market.
Fulvio Carlo Toma (FCT): The year 2014 has been a tough year for the weaving machinery industry but, despite the slowdown of the market, we, at Itema are more than satisfied with our performance. We registered an increase in the number of weaving machines sold compared to the previous year, and this itself is a hugely significant result considering the brilliant growth Itema obtained in 2013 and the decline in the market.