Vandewiele-Savio India formed
The new entity – Vandewiele-Savio India – is set to immensely benefit the Indian
textile industry as the expertise from these two leading groups will offer complete weaving,
winding and twisting solutions to the Indian customers.
Vandewiele nv and Savio India have finalised their merging process, creating a global network for their customers. The two companies will operate under the new name of Vandewiele-Savio India Pvt Ltd. “We are convinced that these joined forces provide a comprehensive network of integrated services that will better serve our customer’s needs for the Indian market,” said the company in a press release.
This strategic alliance is set to immensely benefit the Indian textile industry, as the expertise from these two leading groups, offering complete weaving, winding, twisting solutions to the Indian customers, will give them a sustainable competitive advantage in their business.
Vandewiele builds carpet looms, velvet looms, jacquard machines and integrate innovative textile systems for flooring qualities, home linen, fashion fabrics and technical textiles. Sharing inspiration and expertise with its customers worldwide, Vandewiele shapes the textile industry of the future. Creating success for them all, from yarn to finished product. Its research and development (R&D) department and test-engineers are continuously developing new applications. The innovative breakthroughs of Vandewiele give a boost to the textile industry.
Over its 110+ years history, Savio acted as technological leader and most innovative player in attractive niches of the textile value chain. Savio leverages on the best value-for-money proposition in the industry. It has a consolidated presence in all relevant geographies with a local-for-local approach, allowing Savio to promptly address market demand and requirements. Savio is specialised in the textile machinery sector for the yarn finishing segment being the leading supplier of winding and twisting machines with manufacturing plants in Italy, China and India. Savio India, the advanced TFO manufacturing set up of Savio group in India, will continue to provide and ensure state-of-the-art customer support and spare parts services.
The merger of the Group activities has resulted in a wide range of synergies in the service, care solutions and developments, with benefits for the customers. Vandewiele-Savio India is ready to provide the region with high-class textile machines with cost effectiveness and the best support.
With its corporate office located at Coimbatore with a strength of about 250 people and sales and service offices at Coimbatore, Ludhiana, Ahmedabad, Kolhapur and Thane covering the whole product range of the group. This will enforce the support and strength towards Indian customers and increase its customer centricity.