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.
Browsing: Updeep Singh
Itema has weaved its way to success amid troubled times thanks to its relentless pursuit of innovations.
It was a dream come true; nothing short of a miracle! In 2012, global weaving market, hit by negative growth, dipped by 30 per cent, but Itema Group, the Italian weaving machinery giant held its head high, by registering a growth of per cent.
Coimbatore district, known as the textile hub of Tamil Nadu or is called as the ´Manchester of South India´, has over 900 textile mills, 7 million spindles, 1 lakh rotors, 2 lakh powerlooms, 99,000 automatic shuttle looms, 59,000 plain looms, 39,000 semi-automatic looms, and over 70 per cent of machinery, spares & accessories, rotors, etc.
Itema S.p.A, the largest privately-owned multinational company and global leading provider of best-in-class weaving machines, spare parts and services, is exhibiting at ITMACH 2014 and is sponsoring the ¨India
ITEMA, Italy has appointed Updeep Singh as the new Managing Director of Itema Weaving (India) Pvt Ltd, succeeding Tapas Nandi. Updeep Singh joins Itema with broad experience as a senior executive leader in the Indian textile industry.