Wednesday, September 29, 2010

Board of Abhishek Ind OKs expansion projects

Abhishek Industries Ltd has informed that the Annual General Meeting (AGM) of the Company was held on September 25, 2010. The Board of the company has approved following projects & matters in its meeting held on September 25.

1. The Strategy Committee of the Board in its meeting held on September 25, 2010 has approved the following expansion projects:

i)
Yarn Expansion Project for setting up 275904 spindles & 2040 Rotors including other balancing equipment at a total capital outlay of Rs. 1117 crores as appraised by SBI Capital Markets Ltd.
ii) Expansion cum Modernization Project in Terry Towel Division by installing 14 new Air Jet Dobby Looms along with other machineries in processing, finishing house and spinning sections at a total capital outlay of Rs. 55 crores as appraised by Corporation Bank.

2. The Company has been selected for Silver trophy for "Top Exporters - Madeups" in the category of 'Towels' and the Bronze trophy for "Highest Global Exports for textiles" for the year 2009-10 by Texprocil. The award would be conferred on the Company in Texprocil award function scheduled to be held on September 28, 2010.

3. The operations of
Terry Towel Division (Unit 3) of the Company which had been disturbed due to explosion of Chemical storage tank have been normalized.

Abhishek Industries Limited is engaged in the manufacture of terry towel, agro-based paper and yarn.


Tuesday, September 28, 2010

Demo of next generation of Kornit DTG printers at SGIA

Kornit Digital, a leading-edge company that develops, manufactures and markets high-speed industrial digital inkjet printers, superior pigmented ink and unique chemistry solutions for the textile decorating industry, will demonstrate the next generation of the Kornit Direct-On-Garment printers at the 2010 SGIA expo in Las Vegas, featuring unprecedented printing speeds with the new Kornit Avalanche 951 Digital printer for high-volume production businesses.

Kornit Avalanche 951 is a dual-pallet industrial digital inkjet printer for the high-volume production of light & dark
garments. With an extremely innovative and robust industrial platform, designed for printing vast quantities in a high-level production environment, the Kornit Avalanche 951 demonstrates an unparalleled ability to generate spectacular 4 color process prints at an impressive rate of up to 300 garments per hour.

With its advanced, fully automated system that insures a smooth and seamless production workflow, the Kornit Avalanche 951 enables garment decorators to produce remarkable multi-color prints on a wide range of
textile applications and finished garments, and to efficiently and cost-effectively reach optimum digital printing results for 24/7 short & long run production.

Featuring matchless printing capabilities, the Kornit Avalanche 951 is the optimum solution for massive-level production DTG businesses and traditional screen printers that are looking to expand towards hybrid apparel decoration enterprises.

"For the past two years Kornit has extensively invested in research and development for the purpose of providing customers with a better, bigger and faster solution to their printing needs, pushing the limits of innovation" says Ofer Ben Zur, CEO of Kornit Digital. "As the garment decoration industry undergoes digital migration, we are proud to introduce to the market the next generation of breakthroughs, delivering undeniably differentiated printing experience with the Kornit Avalanche 951".

Launch of USTER QUANTUM 3 with Smart Clearing Technology

Uster Technologies Ltd, the leading high technology instrument manufacturer of products for quality measurement and certification for the textile industry, announced today the market introduction of the ground-breaking third generation of its best-selling USTER QUANTUM clearer system.

This latest state-of-the-art quality assurance technology allows
textile manufacturers optimize production efficiency and reduce costs, making the device to an indispensable quality management tool in spinning plants. The pioneering system offers significant benefits that allow textile manufacturers to work with yarn of highest quality and thereby avoid any disturbing defects that could result in lost sales and profit. The production ramp-up and training of the world-wide sales teams already commenced in September. Full production capacity will be in place by November 2010.

USTER QUANTUM 3 with Smart Clearing Technology represents the latest generation of the Group’s future-oriented quality assurance technology. The system features new powerful capacitive and optical sensor technology that makes all disturbing defects visible, thereby significantly enhancing detecting accuracy and enabling manufacturers to sort out thin and thick places, inconsistent colors or other unwanted properties. The new clearer has a robust and rugged design for less maintenance and a longer life expectancy and is smart and simple to use. Furthermore, the system includes a completely new designed control unit with a modern and ergonomic user interface.


Saturday, September 25, 2010

Original Sewing & Quilt Expo to start on Nov 11

After 15 years of steady innovation and growth, Original Sewing & Quilt Expo has become known as the place to go for everything related to sewing machine, quilting machine, machine and hand embroidery machine, fiber and needle arts. The Expo, a public event attended by thousands of treasure and inspiration-seekers, returns to Kansas City, Missouri (Oct. 21-23) and Minneapolis, Minnesota (Nov 11-13) this autumn, with more for enthusiasts than ever before.

Yes indeed sewing is alive and well, and for annual visitors to Original Sewing & Quilt Expo there's much to do and see that's new.

For instance, the "For Rookies" workshop series, shares the essential basics of quiltmaking, home decor sewing, surface design, sewing for kids and more, while advanced technique classes keep experienced enthusiasts moving ahead creatively and technically. If attendance is any indicator, more people than ever before are sewing and quilting – everyone from shy dabblers to bona fide experts is out there, seeking more satisfaction and creative fulfillment at the Expo.

In the Exhibit Hall, attendees try the latest products and learn about the projects they inspire as they hunt for their next projects' treasures in retail booths throughout the Expo. In just three days, they'll stock up for a year's worth of stitching pleasure.

All in all, there's something at the Expo for everyone, with nearly 200 classes and workshops, designers, suppliers and retailers from across the country sharing the latest tools, supplies,
equipment and techniques, runway fashion shows, how-to demos and great displays in the Expo Galleries.


Friday, September 24, 2010

Orders of textile machinery grows - ACIMIT

Orders for Italian textile machinery grew over the second quarter of 2010, which closed with an overall index of 159.5 points for the period from April/June, amounting to a 35% increase compared to the previous quarter.

In market terms, the orders index processed by
ACIMIT, the Association of Italian Textile Machinery Manufacturers, indicates a 40% increase abroad and a 5% increase in Italy.

Commenting on the data, Sandro Salmoiraghi, President of ACIMIT, stated that “the growth in orders is a satisfying element, but the recovery has more or less equally rewarded other machinery manufacturing Countries as well, so that competition on international markets is even fiercer than in the past.”

Forecasts for the third quarter of 2010 provided by producers indicate an essentially stable situation in all segments for Italy’s domestic market. More consistent signs of optimism are coming from foreign sales.

“The orders coming in over the next three months” affirms Salmoiraghi “will be decisive in understanding whether the recovery marks a real reversal of trends.”

ACIMIT (Association of Italian Textile Machinery Manufacturers) is a private national body that gathers Italian textile machinery companies producing more than 80% of the entire Italian
textile machinery production, and some associated members (consortia, technical schools, technical magazines, research centres).

Thursday, September 23, 2010

The first veteran spinning machines on the Rieter website

Some months ago Rieter launched a search for the oldest Rieter spinning machine. Rieter is offering the owner of the oldest spinning machine still in operation a trip to the ITMA in Barcelona including the flight and a two-night stay. A prize draw will award Swiss quality watches to two further owners of veteran Rieter spinning machines.

This campaign has met with considerable interest, and Rieter is now presenting the first candidates on its website.

Rieter is looking for the machine with the most years of service which is still currently in daily use in a
spinning mill to produce yarn from fiber, from bale opening to spinning machine, manufactured by Rieter, Schubert & Salzer or Ingolstadt Spinnereimaschinenbau.

The first e-mails with pictures and details of spinning machines have already reached Rieter. The most interesting machines are described below:

In China 26-year-old E 7/5 combers and E 5/3 combing preparation machines are still in production at Qiaoguang Textile Co. Ltd. These machines are still in good condition and the customer is full of praise for their quality, and especially their wear resistance.

Rieter has received an e-mail from El Salvador with pictures of various drawframes. Our customer Hilosa (Industria de Hilos) has operated SB 851, RSB 951 SB 2 and SB 10 drawframe models since 1978 und is still very satisfied with the reliability of these machines.


Wednesday, September 22, 2010

GlobalTex to offer high-end resources from 25 countries

Market Center Management Company (MCMC), the management company of GlobalTex: LA International Textile & Sourcing Fair, announced that the upcoming show will offer more resources than ever before, inspiring and fresh trend displays, and relevant and timely seminars. The show will be held September 28-30, 2010 at the Los Angeles Convention Center (LACC) in West Hall, Hall A.

“The fourth edition of GlobalTex will offer high-end resources from 25 countries,” said Cindy Morris, COO, MCMC. “The show continues to expand with key growth in denim and sublimation printing, innovative trend displays, and new matchmaking services.”

The growing list of countries and regions committed to show new resources at GlobalTex include: Australia, Bangladesh, Belgium, Canada, China, Colombia, France, Germany, Hong Kong, India, Italy, Japan, Korea, Macau, Mexico, Nepal, Pakistan, Portugal, Spain, Switzerland, Taiwan, Thailand, Turkey, the United Kingdom and the United States.

In addition to more international resources, GlobalTex will welcome a range of associations including: Associacao Selectiva Moda; China Chamber of Commerce for Import and Export of Textiles (CCCT); Ningbo, a sub-council of China Council for the Promotion of International Trade (CCPIT); Indian Powerloom Development & Export Promotion Council; Indian Silk Promotion Council; Trade Development Authority of Pakistan (TDAP); Taiwan
Textile Federation (TTF); as well as many others.

New trend displays will be revealed at the show with more
fabric swatches than ever before. The fresh new look has a raw industrial feel and an expanded Denim Lounge. Attendees can utilize the displays to view hundreds of swatches and color direction by Mudpie, Ltd. for Autumn/Winter 2011/2012.


Tuesday, September 21, 2010

No-heat, extra power carpet cleaning machines for upholstery

Daimer Industries, a trans-national supplier of 50 Hz industrial cleaning equipment, has shipped a 17.2 bar unheated series of carpet cleaning machines. The new XPC-9250U integrates an upgraded 17.2 bar pump, two oversized storage tanks and a highly portable cleaning head.

"We upgraded the 50 Hz pumps on our base model XPC-9250U to offer maximum power to non-U.S. customers who need an unheated machine," explained 50 Hz systems spokesman Matthew Baratta. "These carpet cleaning machines provide maximum versatility for cleaning both standard and delicate rugs."
No-Heat, Extra Power Carpet Cleaning Machines for Upholstery
Each 17.2 bar XPC-9250U starts with an upgraded 17.2 bar pump. The standard model of this unit comes with a 15.2 bar pump.

The extraction/vacuum subsystems on the upgraded carpet cleaners still provide air flows rated for 94.4 LPS and water lifts rated for 381 cm. The advanced carpet extractors are manufactured without heating systems. This no-heating design lowers the price and allows for the cleaning of heat-averse
rugs and carpets composed of delicate fibers, such as wool. Still, for jobs that require heat, the equipment can accept heated water of 98.9°C.


Monday, September 20, 2010

Creditors of Mayer & Cie in Albstadt bankruptcy plan

The creditors of the manufacturer of circular knitting machines, Mayer & Cie. GmbH & Co. KG in Albstadt-Tailfingen, overwhelmingly approved of the insolvency plan submitted by Insolvency Administrator Wolfgang Bilgery. 720 creditors with claims in the amount of 82.497.893,76 € were represented during the creditors’ meeting this present Thursday at the local district court in Hechingen. Among these, 709 creditors with claims in the amount of 82.282.996,00 € agreed to it. This corresponds to an approval by heads and by claim sum of 99 %. Therewith the insolvency plan is accepted.

Insolvency Administrator Wolfgang Bilgery expressed himself on Thursday afternoon in front of the staff about the result of the voting. It proved true that the insolvency plan was balanced and the burden of the reorganization was creditor banks to waive approx. 10 Mio. €. Pension obligations amounting to just under 7,9 Mio. € will be taken over by the Pension Insurance Corporation (PSV). The remaining creditors of the Mayer & Cie. GmbH & Co. KG will receive a quota of 8.5 % on their ascertained claims.

The partners of Mayer & Cie. GmbH & Co. KG further invest fresh money of 2 Mio. €. According to Bilgery’s statement the banks contributed significantly to the recapitalization of Mayer & Cie. The Deutsche Bank, die Baden-Württembergische Bank and the Commerzbank formed a pool under leadership of the Deutsche Bank and are ready to provide Mayer & Cie. the funds required for the continuation of the business operations. Bilgery also emphasized the contribution of the staff and the “IG Metall” (the trade unions for the metal working industry).


Friday, September 17, 2010

ROJ upgrades production with SIPLACE SX machines

Italy’s ROJ Srl, a manufacturer of weft feelers, sensors and control units for modern weaving machines, has selected the new SIPLACE SX platform to streamline its production of electronic modules. The company, which is known for its lean manufacturing concepts, manufactures lot sizes ranging from 50 to 10,000 units.

ROJ uses the SMT capacities at its Biella location for the build-to-order production of its world-famous weft feeders with their highly sensitive sensor technology as well as for the contract manufacture of industrial automation electronics. In a systematic selection process, SIPLACE prevailed against competitive
equipment in all critical categories such as performance per square meter, feeder capacity, actual placement speed for ROJ-supplied sample products, high-mix setup concepts and handling flexibility for exotic and odd-shaped components.

Since the beginning of this summer, Italy’s ROJ Srl, a subsidiary of globally active
textile machine maker van de Wiele Group, manufactures its electronic assemblies on SIPLACE SX placement machines.

The two new SIPLACE SX2 machines form the company’s third production line; one machine is equipped with two SIPLACE CPP Multistar placement heads, while the other
machine has one SIPLACE CPP Multistar and one SIPLACE TwinHead. This configuration provides the ability to process a wide range of products quickly and flexibly, which is one of the major features of the SIPLACE SX platform, since there is a production requirement of approx. 150 different products with lot sizes ranging from 50 to 10,000 units.


Thursday, September 16, 2010

QITMF inaugurates its 11th edition today

The 11th China (Qingdao) International Textile Machinery Fair (QITMF) opens (September 15, 2010) at Qingdao International Convention Center, Shandong Province, PR China. Authoritative symposium on Yarn and Fabric organized by China Textile Engineering Society will be held concurrently (on September 16, 2nd show day) to enhance the show professionalism.

Being the most developed and leading
textile machinery show in Northern China, QITMF is the significant platform for the industry to showcase the latest textile machineries and exchange technological information, which also serves as a bridge for industry players to explore Northern China market, enhances the business interaction between upstream and downstream corporations and motivates the integration of the industry. Since its successful inception in 2000, QITMF has gained the industries’ recognition and applause.

QITMF 2010 is categorized into 5 different theme zones, namely
Knitting Machinery Zone, Dyeing & Finishing Machinery Zone, Spinning Machinery Zone, Weaving Machinery & Label Making Machinery Zone, and Printing Machinery Zone. Major exhibits include Knitting Machinery, Fiber Manufacturing Machine, Bleaching, Dyeing, Printing, Finishing and Making-up Machinery, Spinning Machinery, Textile Chemicals, Weaving Machinery, Yarn Twisters, Winders, etc. QITMF 2010 presents 4 highlights, shaping a splendid gathering for the Northern China textile industries.


Wednesday, September 15, 2010

ShanghaiTex to start in June 2011

The International Exhibition on Textile Industry (ShanghaiTex) is the most historical and professional exhibition of the kind in China and possesses its unique national brand. With the resources of international buyers accumulated many years, high quality supplier and also the great publicity and promotion, ShanghaiTex has always been concerned by the textile industry and participated by textile machinery exhibitors.

The Organizers will fully utilize 8 halls in Shanghai New International Expo Center in ShanghaiTex 2011 during June 14-17, expecting an exhibition area of over 100,000sqm and the participation of 1,000 exhibitors. Theme zones will be established for visitors' convenience as follows:
Knitting Machinery & Hosiery Machinery Zone, Printing Machinery, Dyeing Machinery & Finishing Machinery Zone, Textile Chemicals Zone, Spinning Machinery, Nonwoven Machinery & Techtextile Machinery Zone, Weaving Machinery Zone and Spare Parts & Accessories Zone.

Global economy has been reviving from the global financial crisis since 2008. Chinese textile industry has been recovering at the fastest pace. According to the reports from both national statistic bureau and customs, the fixed asset investment in textile industry was up to RMB13.12 billions in the 1st quarter of 2010, equivalent to a 20.7% increase over last year.

The total export amount has reached 15.21 billions, equivalent to a 26.6% increase over last year. In the mean time, the domestic market has thrived despite the global financial crisis, with countless high-end brands from both domestic and international seizing the opportunity in Chinese market.


Tuesday, September 14, 2010

Textile machinery prices move up

The new series of Wholesale Price Index has been launched by shifting base year from 1993-94 to 2004-05. WPI for the month of August 2010 has been released with base year 2004-05.

The official Wholesale Price Index for 'All Commodities' (Base: 2004-05 = 100) for the month of August 2010 remained unchanged at its previous month’s level of 140.3 (Provisional).
Inflation
The annual rate of inflation, based on monthly WPI, stood at 8.51% (Provisional) for the month of August, 2010 (over August, 2009) as compared to 9.78 % (Provisional) for the previous month. Build up inflation in the financial year so far was 3.31% compared to a build up of 4.95% in the corresponding period of the previous year.

Inflation for important commodities / commodity groups is indicated below.

The movement of the index for the various commodity groups is summarized below:-
Primary Articles (Weight 20.12%)
The index for this major group declined by 0.3 percent to 177.0 (Provisional) from 177.5 (Provisional) for the previous month. The groups and items for which the index showed variations during the month are as follows:-

The index for ‘Non-Food Articles’ group rose by 1.1 percent to 154.1 (Provisional) from 152.4 (Provisional) for the previous month due to higher prices of flowers (13%), rose and groundnut seed (11% each), castor seed (8%), marigold, cotton seed and copra (coconut) (5% each),
coir fibre (4%), raw silk (3%), sunflower (2%) and fodder (1%). However, the prices of soyabean (11%), raw rubber (4%) and gingelly seed (sesamum), raw jute and mesta (1% each) declined.

Monday, September 13, 2010

Xennia establishes Global Distribution Network

Xennia Technology Ltd, the world’s leading industrial inkjet solutions provider, announces its first distribution agreements for its products. Xennia’s distributors will supply Xennia systems and inks to key markets worldwide, strengthening Xennia’s global presence.

Distribution agreements for the Indian subcontinent, Spain, Singapore and South East Asia mark the first step in Xennia’s strategy of using distributors to widen its geographical reach and maximise growth by targeting key global markets.

“Xennia’s range of robust printing systems offer complete production solutions ready for use in key industrial applications. Our new system distributor network is complementary to our strategy of providing inkjet modules to OEMs with market access, allowing Xennia to maximise opportunities for growth worldwide,” says Dr Alan Hudd, Xennia’s Managing Director.

“We received a tremendous amount of interest at the trade shows IPEX and FESPA from companies interested in offering our solutions to their individual territories. We intend to work with the best of these companies, giving them marketing, sales and technical support to help them achieve success, with a target of building our network to 10-12 territories by the end of 2010.”
High performance
The printing systems available for distribution include the Xennia Sapphire scanning XY printer, Xennia Aquamarine rigid box
printer, Xennia Ultramarine continuous production printer, Xennia Cerulean product decoration printer and Xennia Viridian narrow web printer. All these systems are available with the XenInx range of high performance specialist inks for key industrial applications, including ceramic, textile, glass, flooring laminate, packaging and graphics printing.

Vaanix Industries Pvt. Ltd., part of the Vaan Group of Industries, will supply Xennia printing systems and inks in India and the rest of the SAARC region. Navin Chandra Jha, Director of Vaanix comments: “Vaanix has extensive experience in supplying
textile printing systems and consumables in the Indian market. We are looking forward to introducing Xennia’s systems to enable Indian customers to benefit from the lowered production costs, increased productivity and fast response to customer demands that this superb digital technology can bring.”


Tuesday, September 7, 2010

Mohit Industries orders two DTY machines for Rs 21 million

Mohit Industries Ltd has informed that the Company has placed orders of two DTY machines for Rs 21 million. Out of these machines, one is already installed and the second one will be installed in next 15 days. These machines will increase the Company's yarn production by 3000 MT per annum amounting to Rs. 270 million approx.

Also, the Company has started exporting
DTY yarn to various countries like South Africa, Thailand, Peru, Algeria, Vietnam etc. The Company has already exported yarn worth Rs. 13 million in the month of August and has further orders for similar amount.

Since1991,Mohit Industries Ltd. is fruitfully engaged in manufacturing & marketing a rich assortment of high quality
yarns & grey finished products. And constantly diversifying to deliver the top-notch quality products to our valuable clients.

Now along with texturising expansion, the Company also broadens its horizons with its NextBlock Unit - Under which, NextBlock is actively constructing AAC Blocks.


PFAFF introduces SMARTER BY PFAFF C1100 Pro

The experts at PFAFF, the leading global brand of premier sewing machines and embroidery machines, announced the introduction of the SMARTER BY PFAFF C1100 Pro sewing and quilting machine, the first in the SMARTER BY PFAFF series of machines.

This new high-performance
machine features an extra large sewing area, an extensive variety of stitch options, large LCD screen and intuitive controls – all at mid-range price - to help sewers and quilters explore their imaginations and achieve more professional results.

“State-of-the-art technology and premium craftsmanship, have made PFAFF the brand of choice for passionate sewers and quilters looking to perfect their craft for more than 146 years,” said Nikolaus Wöhrle, Vice President of Product Development for SVP Worldwide, source of the SINGER, HUSQVARNA VIKING and PFAFF sewing machine collections.

“The SMARTER BY PFAFF C1100 Pro sewing and quilting machine combines high performance, durability, and affordability with brilliant, thoughtful features to inspire sewers and help quilters create truly unique projects and heirlooms.”

The SMARTER BY PFAFF C1100 Pro sewing and quilting machine offers sophisticated utility, reliability and a comprehensive suite of features, including:

Large Sewing Space - The large sewing area to the right of the needle can accommodate large volumes of fabric and bright LED lights illuminate every detail.
Speed – Thanks to the very sturdy construction, the powerful motor, the C1100 Pro will be able to perform up to 1,100 stitches per minute, in straight stitch. Speed can be controlled both by the large foot controller or the slide switch on the face of the machine.
DFS System – The Dual Feed System feature ensures absolutely even fabric feed from both the top and the bottom. DFS system works with any stitch, forward or reverse, at any stitch length or width and can be easily engaged or disengaged as needed.


Monday, September 6, 2010

Oerlikon Neumag realizes much success in Europe & Asian markets

2010 is moving right along and while things have started looking up in the local markets, our company has realized several nice projects in European and Asian markets. While our customers request confidentiality as to the details, we are proud to share the following select information.
Oerlikon Neumag got orders for 3 Spunlace projects in China. The scope will include high performance Cards and Crosslappers, and the end product of the lines is mainly Wipes. Oerlikon Neumag Italy was able to sell 2 Injection Cards for an ultra-high performance Spunlace application in Europe. This project will enable our customer to reach production speeds so far never realized in Carding. In Turkey one of our customers again decided in favour of our Card and Crosslapper for one of his production lines.
After supplying one of the biggest Filtration installations in China with several needlepunching lines early this year, Oerlikon Neumag just recently was able to sell another complete line in this strongly developing market.

The Automotive and Insulation market is a strong growing market for Airlay production lines especially in China. One complete Fehrer Airlay line was delivered earlier this year. After this and other projects using the unique concept of Fehrer Airlay, Oerlikon Neumag concluded a major project with 2 production lines.

In Germany, one of the major Car manufacturing companies of the world decided to realize a production line for web forming using a newly developed production method for processing alternate materials in car building and will work exclusively with Oerlikon Neumag.

In addition to these selected line projects, several customers worldwide decided in favour of Oerlikon Neumag Cards, Crosslappers, and
Needle looms to upgrade their existing lines in order to realize better performance and quality.


Wednesday, September 1, 2010

New machineries & technologies debut in QITMF

The figures of Ministry of Industry and Information Technology of the PRC indicated that international and local economic performance on textile industry is encouraging in the first half of 2010. With the favorable factors of stock replenishment along with market demand recovery, China's textile industry recorded a significant growth in 2010.

According to the statistics of National Bureau of Statistics of China & General Administration of Customs, in the first half of 2010, industrial added value of textile industry grew by 12.2%, equivalent to 4% increase over the same period of last year. Export amount accounted for 16.3% growth, which is 2.4% more compared to the first quarter of 2010.

From January - May 2010, realized profit of
garment, textile and manufacturing industry rose by 58.7% to reach RMB70.1 billion, grew 57.7% year-on-year, among which realized profit of textile industry accounted for RMB41.8 billion, increased by 63.8%. Textile enterprises in Shandong Province, one of the top 5 textile provinces in China, are enjoying a tremendous time in this year.
China (Qingdao) International Textile Machinery Fair (QITMF) is rooted in Shandong with influences spanning over Northern China. The exhibition will be held on 15-17 September 2010 at Qingdao International Convention Center, Qingdao, Shandong Province, PR China. With 10 years successful experience and benefited from the recovery of textile industry, QITMF 2010 gained support from many renowned exhibitors by demonstrating their new machineries and innovations at the fairground. QITMF provides an ideal platform for textile enterprises to explore and grasp opportunities in Northern China.

Gathering of Distinguished Corporations in Qingdao
Founded in 2000 and with over 10 years experience, QITMF becomes the most established textile
machinery exhibition in Northern China as well as a professional platform to showcase the latest technologies and exchange market information within the industry. It also acts as a stepping-stone for the textile enterprises to explore Northern China's market, enhance communications and promote integration of the industry.

NSL to inaugurate State-of-the-Art Textiles Process House

NSL Textiles, part of Rs 1500 Crore NSL Group, has brought to light the inauguration of its State-of-the-Art textiles process house at Chandolu near Guntur district of Andhra Pradesh. The facility will be inaugurated by the Honorable Chief Minister of Andhra Pradesh Dr. K. Rosaiah on the 6th of September 2010. Honorable Minister of State for Textiles, Govt. of India, Smt. Panabaka Lakshmi and Ministers of Government of AP will attend the event.

The output of the plant is projected at 1,20,000 Meters per day initially, which is proposed to be doubled in the next two years. It also houses 100 looms for weaving
dyed yarn. Investment to the tune of INR 300 Crore has already been made with further plan to invest about INR 250 Crore.

Speaking on the occasion, Mr. Mandava Prabhakar Rao, Chairman, NSL Group, said “Textile business is going to play a major role in realizing our goal for the Group. With our strength of “Cotton to
Clothing”, we will offer customers the unique value proposition of full process control in the value chain. Keeping this in mind, we have made significant investments to the tune of INR 1100 Crore in Ginning, Spinning, Weaving, Processing and Garmenting. With our Group’s traditional strength in Cotton seeds, cotton cultivation and cotton selection and the seasoned team, our textile business is poised to become a major Asian player in the industry.”