India biggest market for Chinese textile machinery

“India is the largest overseas market for Chinese textile machinery and is also the biggest reason for Chinese producers looking forward to setting up shop in India”, a top official of a Chinese textile machinery association told fibre2fashion. At a recent road show in Ahmedabad, to promote ITMA Asia + CITME 2012, fibre2fashion caught up with Mr Zhao Xiaogang – Director, China Textile Machinery Association (CTMA) and the Indian representative of the event – Mr Sooraj Dhawan. CTMA which is the co-host of ITMA Asia + CITME 2012 will be held from June 12 to 16, 2012 in Shanghai and will have around 1,400 textile machinery exhibitors, up from...

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Chinese textile machinery producer may dock in Gujarat

China Texmatech Co. Ltd. (CTMTC), one of the largest Chinese textile machinery producer, importer and exporter, has yesterday concluded feasibility studies to set up a production base in Gujarat – India. Mr. Wu Xiuhua, Vice President of CTMTC, who had earlier visited Gujarat with an official delegation from CTMTC in November, confirmed the same to fibre2fashion. Fibre2fashion had earlier reported in November 2011 that the officials from CTMTC were on a visit to Gujarat and had also met the Chief Minister of Gujarat – Mr Narendra Modi and senior officials of the Industry Ministry. “Our technical team recently visited Gujarat and has completed...

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Orders for Italian textile machinery sector up in Q4

Orders for Italian textile machinery manufacturers were on the rise again during the last quarter of 2011 after two quarters of fall down. The results were gathered by the quarterly survey conducted by The Association of Italian Textile Machinery Manufacturers (ACIMIT). Overall orders for the period from October to December 2011 rose up 28% over the previous quarter, at a value of 90.2 points. The most significant increase regarded orders in foreign markets (+32%), whereas on the domestic market orders were up 15%. “We’re still far from the levels achieved in 2010,” comments Sandro Salmoiraghi, President of ACIMIT, “but this recovery, compared...

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Toyota Industries takes majority stake in Uster

The Board of Directors of Uster Technologies AG has noted that Toyota Industries Corporation has, as expected, increased its equity stake in Uster Technologies AG through the previously announced acquisition of the shares held by Groupe Alpha. On completion of this transaction, Toyota Industries Corporation will own 50.34% of all publicly owned shares in Uster Technologies AG. The Board of Directors has also noted Toyota Industries Corporation’s confirmation that it will make a public offer for all outstanding shares in Uster Technologies AG within the statutory deadline. The independent members of the Board of Directors continue to recommend...

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Aussie firm installs wool coring machine at Katanning

Westcoast Wools has recently installed a four-tube Jetco automatic wool coring machine, the first and only WA wool testing site outside the Perth metropolitan area. The purchase of the machine costing more than Au$ 60,000 is expected to prove beneficial for woolgrowers in the South West, as they can now get their wool tested at Katanning, without a need to drive all the way to Perth. The machine was in great demand and several buyers were in pursuit of the same following its limited availability. After fall of the wool industry, these machines are now produced only in South Australia and that too in limited quantity. Like other companies,...

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Ho Chi Minh Uni student Le Nguyen receives Rieter Award

This year Rieter had again presented their popular Rieter Award to a student in Vietnam, after a break of 4 years. This time the Rieter Award was presented to Ms. Le Nguyen Bao Quyen, from the Ho Chi Minh University of Technology. Ms. Le had made her thesis about none woven, another very interesting branch in the diversified field of textile applications. Ms. Le could enjoy the Rieter Award week in Switzerland and Barcelona middle of September this year together with all the other Award winners from all over the world. The hand over of the crystal and the certificate has been done on the occasion of the Rieter Symposium in Ho Chi Minh...

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T-shirt Magic invests in high technology equipment

The Australian direct to garment printing market is predicted to continue its exceptional growth in 2012 according to comments from Greg Stone, Director GJS Machinery. “Last year we predicted that 2011 would be a tipping-point in direct to garment technology in Australia and we are very pleased to see that through our close relationship with Brother Australia that this prediction has become a reality with tremendous interest in these products throughout the year and more and more people realising the true potential that exists in this now proven technology,” Stone said. “We even worked over the Christmas holiday break installing garment printers...

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