Showing posts with label Indian Textile Industry. Show all posts
Showing posts with label Indian Textile Industry. Show all posts

Friday, 25 February 2011

Belgian textile machinery road show in India

Belgian textile machinery road show in IndiaThe Belgian Textile Machinery Association SYMATEX organizes a road show in India.

From February 28 to March 4 2011, a delegation of the Belgian textile machinery industry will meet key decision makers of the Indian Textile Industry. The roadshow will visit Ludhiana, New Delhi, Mumbai, Coimbatore and Bangalore. Some key Belgian companies participating in this roadshow are Bekaert, Bonas, Picanol and Van De Wiele. The Belgian delegation will interact with the Indian textile industry to select effective technologies that meet Indian industrial needs.

The Belgian textile technology industry will present its newest developments in the areas of flat and pile weaving technology, jacquard technology, weft feeders, finishing machinery, weaving accessories, textile inspection and control systems, textile industry automation, carding technology, extrusion and filtration technology. Belgian textile technology developers will also show the latest technologies for the production of clothing fabrics, interior textiles (upholstery, carpet …) and technical textiles.

Answers to Indian industrial needs

The participating Belgian companies will interact with the Indian textile industry to select effective technologies that meet Indian industrial needs. Belgian technology providers will support the Indian textile industry in the achievement of its strategic goals to reduce raw material waste, energy and water consumption and to increase competitiveness. Some key Belgian companies participating in this roadshow are Bekaert, Bonas, Picanol and Van De Wiele.

Sunday, 2 May 2010

French technology to boost Indian textile industry’s competitiveness


The French textile machinery manufacturers realise the importance of the Indian textile industry. Hence they invited the Indian textile producers to a series the Indo-French seminar “French Technology to Boost the Indian Textile Industry’s Competitiveness” which were held in Mumbai and Ludhiana on 20th and 23rd April 2010 respectively. Both the seminars were a huge success with a participation of more than 150 companies in Mumbai and close to 200 in Ludhiana.

The French machinery manufacturers recognise that the Indian textile industry has a double challenge:
- to cater to the fast growing domestic market for higher quality products
- to stand up to the competition in order to take advantage of globalization.
The objectives of the seminars were:
- to present how the French technology can enable the Indian textile producers to enhance
their position by providing sustainable competitive advantages in the following markets:
Recycling - Nonwovens - Technical textiles - Yarn preparation and yarn treatment - Modern weaving
- Knitting - Dyeing and Finishing - Air conditioning of textile plants.
- to regularly facilitate (the previous edition of these seminars took place two years ago) direct contacts between the Indian textile producers and the top management of the French machinery producers. Mrs Evelyne Cholet, the Secretary General of UCMTF, the French Textile Machinery Manufacturers’ Association, has always played a major role in the organisation of these seminars in India. She realises the importance of direct contact with the customers. According to her: “Organisation of such seminars in India is very important at present especially when the Indian Government realises the importance of new investments in textile machinery to stimulate this strategic sector. The technical textiles sector for which France has an expertise is another sector which has great potential in India”.

Hence the main aim of these seminars was to promote Indo-French partnerships in order to address the challenges of globalization.
 

Tuesday, 19 January 2010

Knitting machines developer Terrot to exhibit at ITCE’12



ITCE is the International African-Arabian Exhibition for Textile, Embroidery and Sewing Machinery & Accessories. ITCE’12, the largest trade event in the entire MENA region, is held to serve the ever-growing and promising markets of the textile industries in the region. Since 1994 the show has become the meeting point for importers, manufactures and leading trade figures to get all in face to face experience with the latest global technologies.

DATE OF EXHIBITION: 23 - 26 February, 2010
VENUE: Cairo International Fair Ground, Cairo, Egypt

Terrot as one of the world brand leader is among the exhibitors at ITCE 2010. Together with our partner Setraco we would like to invite you to visit our booth 4A30 in hall 4 where we will exhibit machine model S6F348:

Diameter in inch - 30
Gauge E - 22
Number of feeders - 48
Machine speed/ RPM - 28/ 32
(Speed up Function)
Number of needle tracks - 2
Knitting structure - Striped Plain Single Tuck structure

Machine features S4F348
The machine series combine the traditional attributes of functional safety and outstanding reliability with further advanced Terrot striper technology. The benefit: Maximum processing variety with nearly unlimited pattern- and colour possibilities – especially for sensitive yarns- due to the combination of the Terrot-Striper-System with different kind of bonding structure technologies. By using the multi-colour technology, it is possible to process up to 8 yarn colours in a single length of fabric. A never afore attained extend of universality includes the further processing of even the most sensitive yarns and threads. Beside the customary use of cotton yarns,

• Acetate, CA
• Core spun yarns
• Modal, CMD
• Polyester filament, PE
• Polyamide, PA
• Viscose, CV

can all be produced with typical Terrot process reliability. The technology of the thread change takes place with one lay-in finger for every colour thread. Every lay-in finger is equipped with a combined clamping device as well as a cutting device which guarantees very precisely clamping and cutting of the threads. Therewith this striper technology is in comparison to competitors able to process all current thread qualities, and in particular the for striped fabric used synthetic yarns that are in line with the trend.

Economy / Production

• redesigned cylinder and sinker cam curves permit higher production safety; increase speed factor up to 840 (S4F348/6F348)
• economic production featured by computer controlled “Terrot-speed-up-function”: While knitting large sequences in a single colour the machine speed will be increased up to 20%, thereby increasing productivity

Flexibility / Versatility

• 2-slot yarn carrier is perfectly guided and guarantees excellent Spandex and Mesh plating
• easy to handle and to create new pattern information, by transmitting the colour sequence by USB memory stick
• simple and quick adjustment of colour sequences by inputting the data via the keypad at terminal


Tuesday, 12 January 2010

Handloom training program for women concludes



A two-month training program on weaving, which commenced on November 10 at the training centre of Lamding Cherapur Handloom Cluster, Wangjing, Thoubal district, has concluded recently.

This training program was organized by DIC, Thoubal, under the integrated handloom development scheme to make women proficient in certain specialized weaving skills by using advanced designing machines, including, jacquard, dobby and jalla.

20 women, two from each ten self-help groups of Wangjing area, underwent this training program and gained knowledge of modern weaving and designing techniques to produce improved and more attractive handloom products as per current market trends.

Training to produce specially designed traditional phanek (wrap-around), shawls, bed sheets, mufflers, salwar-kameez and shirt pieces had been imparted thoroughly to the trainees.


Thursday, 19 November 2009

Hosiery, Knitting, Dyeing & Finishing Machinery Fair opens


The ideal sourcing platform for the world's best hosiery cum seamless underwear machineries, parts and accessories - The 10th China (Yiwu) International Exhibition on Hosiery,Knitting,Dyeing & Finishing Machinery (Yiwu H&G 2009) opens (November 18, 2009) at Yiwu International Expo Centre, Zhejiang Province, PR China. The 3-day fair gathers 130 exhibitors from 11 countries / regions bringing along over 200 sets of machinery to showcase the new products and latest technology onsite.

Gathering of Renowned Exhibitors and Wide-array of Exhibits
Since its inception in 2000, Yiwu H&G holds annually in Yiwu City, Zhejiang Province. Developing along with the textile industry, Yiwu H&G is now regarded as the most professional and international exhibition of its kind in China. The fair is listed as the must-attend fair and ideal sourcing platform for many enterprises, particularly for those from knitting industry around the world.

Yiwu H&G 2009 reaches 7,600sqm exhibition area, attracting 130 worldwide renowned exhibitors to participate, including seamless underwear, hosiery and knitting machinery makers such as Best Yield, Chemtax and Macpi Group from Hong Kong, Yamagen from Japan, Groz-beckert and Sinotech from Germany, Sangiacomo and LGL from Italy, Dakong and Wellknit from Taiwan, Aurora, Cixi, Runyuan, Huichen and Jinhao from China, and more. In the dyeing & finishing machineries sector, there are Cortese Eologna and Cubotex from Italy, Zhuji Samduk from Korea, Xingya and Mingguang from China, etc. Also, there are braiding and zipper making machinery experts, e.g. Jakob Mueller from Switzerland, Kyang Yhe and Huichen from China, and more.

Apart form the loyal exhibitors, Yiwu H&G 2009 also attracted numerous first time exhibitors, including Macpi Group and Chung-Me from Hong Kong, Heliot from Turkey, Comoli from Italy, Will Corporation from Japan, Samsung Knitting Needle from Korea, Numrung Rayon from Thailand, Zhuji Shuanghang, Zhuji Yuxiang, Huadong Machinery, Bateng, Beita, King Tanso and Mingguang from China, etc, to display their latest products and technology.

Fabulous Concurrent Events to Enrich the Show Content
Every year, organizers will bring in different technology related events to the show to enrich the show content, as well as to provide visitors the latest market and technology trend. In Yiwu H&G 2009, a concurrent event on "How to Upgrade Your Knitting Products – From Quantity to Quality" will be held on 2nd show date (November 19, 2009) at Yiwu International Trade Centre (District 4, South Entrance) from 1:30pm-3:30pm. The training aims at strengthening the awareness of product standard and quality control on knitting products.


Monday, 16 November 2009

Foremost inorganic nanofiber production line launches



ELMARCO s.r.o., a world player in the production of machines for the industrial scale production of nanofibers has successfully launched a new type of production line for the production of nanofibres. This so-called inorganic line is the first of its type in the world. The material which the line will manufacture had its world premiere in March 2009, when it was introduced by ELMARCO at it’s “Nano for the 3rd Millennium” conference.

The first contract, enabling the implementation in practice of this entirely new technology, has just been signed with the Czech company Kertak Nanotechnology, based in Prague. „This unique equipment will now be used in the Czech Republic, thus confirming its position as leader in the field of the production and use of nanofiber materials” stated Mr. Ladislav Mareš, ELMARCO executive.

The NS 18S1000i inorganic line, manufactured by ELMARCO, produces a variety of inorganic nanofiber materials. Inorganic nanofibers most often find applications in cosmetics, solar cells, lithium-ion batteries, catalytic converters as well as a range of other applications. Ladislav Mareš added that this new type of NanospiderTM line enables the production and utilization of new materials for the production of, for instance, photovoltaic cells, an alternative source of energy, and the enhanced quality of products for the cosmetic industry, for example skin protection creams.

Ladislav Jandácek, Kertak Nanotechnology executive, said „Our company is the first in the world to commence industrial production of inorganic nanofibers such as TiO2 – titanic dioxide or Li4Ti5O2 – lithium titanate. These fibres are used both in the cosmetic industry and in the transformation of solar heat into electrical energy in photovoltaic panels. Other areas in which they are used include the storage of electrical energy, the improvement of catalytic converters, chemical equipment, power solutions in hybrid vehicles and energy sources for state of the art electronic equipment.

“Inorganic nanofibers and their application in end products is a pre-requisite for so called ‘green products’ – products which are sparing on the environment and which use alternative energy sources. The acquisition of this new line strengthens our company on the market, and allows it to develop its own applications for nanofiber materials. We believe that in cooperation with scientific institutions and with ELMARCO we will continue to be a supplier of leading products in the field of nanofibers on an international scale” noted Ladislav Jandácek.


Tuesday, 10 November 2009

India less affected by downturn – VP, Dornier Machinery



2008-09 turned out as a tough year for Indian textile industry. Textile machinery companies faced either slowdown in demand or negative demand scenario due to the adversely affected global economy, which trapped the textile industry too. Sales of almost all companies registered slump and some experienced almost 40-50 percent reduction in demand which led to a 30 percent drop in machinery production in India.

Fibre2fashion took the opportunity to speak to Mr. Nitin Bavkar, Vice-President, Dornier Machinery India Pvt. Ltd. In turn he shared his views on recessionary scenario in Indian textile industry and possible recovery from this downturn. Dornier Machinery is a manufacturer of different types of textile machines like weaving machine, rapier weaving machine, air-jet weaving machine, film stretching machines, dryers and textile finishing machines.

According to Mr. Bavkar, India was comparatively less affected by downturn in demand than its counterparts in other countries and due to that Dornier India branch was comparatively less affected by recession, since they are not so much dependant on exports, although, during the tough period, exports from the Indian branch were a bit low, but domestic demand was not affected much.

Mr. Bavkar is quite optimistic about recovery in Indian market and said, “Things are certainly improving in domestic market and especially in weaving segment as the industry has started showing positive signs in investment from terry towel and denim manufactures and this may in turn bring encouraging scenario for weaving sector and weaving machinery manufacturers”.

While trying to elucidate his views on competitiveness of Indian made weaving machinery to its foreign equivalent and willingness of Indian market to invest in comparatively high priced machines Mr. Bavkar said, “Undoubtedly foreign weaving machine manufactures are better placed technologically.

Speed provided by foreign machines is still not offered by our manufacturers as the foreign companies invest a good amount in R&D, which is still not a trend in Indian manufacturing firms. Secondly Indian manufactures have limited manufacturing capacities and they don't manufacture in bulk”, he said.


Tuesday, 3 November 2009

KARL MAYER MALIMO to exhibit at Asia Wind Power



KARL MAYER MALIMO Textilmaschinenfabrik GmbH has made quite a name for itself as a first-class supplier to the wind power industry worldwide. As such, this company, which is a subsidiary of the traditional German manufacturer, KARL MAYER, will be exhibiting at the Asia Wind Power 2009 exhibition from 12 to 13 November in Shanghai.

KARL MAYER MALIMO builds extremely successful machines for producing a wide range of textile structures, develops textiles with a broad spectrum of characteristics, and is opening up new areas of application for these textiles.The products manufactured on the multiaxial machine are no longer new, but they are highly sophisticated technically and have become firmly established on the market. They can be produced from high-performance fibres, such as carbon, glass and aramid, and there is an extremely high demand for multiaxial constructions bonded by thermosetting or thermoplastic agents in the light engineering sector.

Manufacturers of rotor blades in particular have been profiting from using these reinforcing textiles, which are extremely reliable and economical to produce. In order to meet the growing demand, KARL MAYER has recently optimised its machine technology by developing the Malitronic MULTIAXIAL machine.The main emphasis in developing this new, high-tech machine was to further increase efficiency and improve the accuracy of all the operating sequences, the user friendliness and the flexibility.



Wednesday, 14 October 2009

100 companies already registered for of ITMA ASIA + CITME



With 100 German companies already registered for ITMA ASIA + CITME 2010, “Made in Germany“ is going to be very well represented at next year’s major event of the textile machinery industry, taking place from June 22nd to 26th in Shanghai.

The timing of ITMA ASIA + CITME 2010 fits with improving business conditions in Asia. After the all time low in January and February this year, China’s textile industry has recovered gradually. India’s textile sector seems to be coming out of the crisis as well. Experts from India expect things to settle down by the next two quarters.

Although being back on track again, the cost pressure on textile producing enterprises will remain high and additional tasks are under way since governments in Asia are adopting stricter environmental standards. Sustainability has become an issue textile mills have to address for cost as well as for legal reasons. German textile machinery manufacturers are offering solutions for higher energy and material efficiency that can help Asian textile producers to realise substantial cost savings thus giving them a competitive edge. 





Saturday, 10 October 2009

PALLETMASTE, textile pallet assembly from WELKER



In case of dispatching textile goods with pallets, the assembly with bobbins represents a relatively difficult task. First, because the pallets with 13 or 14 rows are too high to be assembled on the floor, and second, because their structure without a wrapping film is quite unstable.

With the new PALLETMASTE, WELKER has designed an exclusive textile solution, amalgamating an assembly table with a wrapping machine that moves the platform adjusted to bobbin sizes.

The AUTOSTEP device adjusts the platform height safely step by step. PALLETMASTER can be equipped with integrated state- of the art weighing and ticketing systems, so that the pallet leaves the place completely assembled, identified and weighed.

Therefore, the equipment offer following functions:
- Assembly of pallets
- Wrap packing of pallets
- Weighing and ticketing

WELKER was founded in 1856. In 1941, the first and innovative vacuum steaming equipment was developed and successfully introduced to the market. Since then, WELKER became the most specialised company in the Textile Industry in the vacuum technology. Today, WELKER enjoys world wide reputation as manufacturer of reliable, safe, extremely robust and innovative machines. WELKER machines are manufactured in Germany.


Wednesday, 7 October 2009

Spinning charkha records extraordinary growth in sales



Many of Gandhi charkhas from the outlet of Gujarat Khadi Gram Udyog near historic Sabarmati Ashram are witnessing an outstanding growth in sales. Around 700 spinning wheels were sold in the year 2008, while this year the figure has already crossed 1,000.

The Bardoli showpiece version is the largest selling spinning wheel among the available three types. Above 800 spinning wheels of this type have been sold this year. Jharkhand government is among the big clients of Bardoli showpiece versions, which has purchased over 350 of these charkhas, in the past two years and are showcased in government offices of the state.

Several departments of Gujarat Government also purchase charkhas regularly in order to gift them to guests and visitors. NRIs also purchase these as showpieces and it is the favorite gift item and keepsake of foreign tourists as well. 




Friday, 2 October 2009

HP expands portfolio of HP Latex Printing Technology



HP unveiled an expanded portfolio of HP Latex Printing Technology solutions designed to broaden production capabilities for a greater number of customers and provide a viable alternative to eco-solvent technologies.

The offerings enable small and midsize digital print and sign shops, copy shops and photo labs to produce indoor and outdoor applications with ease while reducing their environmental impact.

Additions to the portfolio include:
- The HP Designjet L25500 Printer, which offers easy, low-maintenance printing of a wider range of applications – from indoor point-of-purchase displays, exhibition graphics and interior décor like wall murals and fabrics to outdoor banners, bus shelters and vehicle wraps – than is possible with eco-solvent or traditional water-based printing alone.
- Six Original HP printing materials compatible with HP Latex Ink printers, including two recyclable substrates and three polyvinyl chloride (PVC)-free alternatives.
- The expansion of the HP Planet Partners program to include the HP Large-format Media take-back program in the United States and select countries in Europe.

“Customers have been asking us for a versatile, cost-effective alternative to eco-solvent-based printing solutions for the production of a wider range of indoor and outdoor large-format applications, while reducing the impact of printing on the environment,” said Santiago Morera, vice president and general manager, Designjet Large-format Printing Solutions, Imaging and Printing Group, HP. “The expanded HP Latex Printing Technology portfolio enables us to meet and exceed this demand for a variety of customers, allowing them to create a competitive advantage and seize new growth opportunities.”

The expanded HP Latex Printing Technology portfolio builds on the proven technology of the HP Designjet L65500 Printer. This printer has seen tremendous acceptance in the graphics market with more than 1.2 million m2 printed on installed machines since the printer’s general availability in August 2008.

Unrivaled versatility, ease of use and printing with the environment in mind
Available in 42- and 60-inch models, the HP Designjet L25500 Printer delivers unrivaled versatility for a broad range of high-quality and flexible, outdoor and indoor applications while meeting the needs of environmentally conscious customers.

Existing low-volume print service providers (PSPs), such as early customer Tot.rètol of Igualada, Spain, can benefit from the HP Designjet L25500 Printer because it delivers prints with quality and durability comparable to eco-solvent ink technologies. In addition, it prints a wider range of applications – from durable outdoor signage to high-resolution, close-view prints – than is possible with eco-solvent or traditional water-based printing alone.


Tuesday, 22 September 2009

Yiwu H&G to feature best in knitting & braiding machinery



China (Yiwu) International Exhibition on Hosiery, Knitting, Dyeing & Finishing Machinery (also named as “Yiwu H&G”) is the first UFI (The Global Association of the Exhibition Industry) approved hosiery, knitting and braiding machinery exhibition in China. It has long been recognized as the ideal platform for showcasing the world's best hosiery cum seamless underwear machineries, parts and accessories.

Yiwu H&G 2009, to be staged from 18-20 November at Yiwu International Expo Centre, Yiwu City, Zhejiang Province, PR China, will come to its 10th anniversary this year.Undoubtedly, Yiwu H&G 2009 will draw much attention from the industry, and create breakthroughs in terms of content and product zoning in 2009 edition to ensure a fabulous fair for visitors from around the world.

Since its inception in 2000, Yiwu H&G holds annually in Yiwu City, Zhejiang Province, PR China. Developing along with the textile industry, Yiwu H&G is now regarded as the most professional and international exhibition of its kind in China. In the last fair, there were 130 exhibitors from 9 countries / regions including Bangladesh, Germany, Hong Kong SAR, Italy, Japan, Korea, PR China, Switzerland and Taiwan Province, exhibition area reached 9,000sqm. Yiwu H&G is listed as the must-attend fair and ideal souring platform for many enterprises, in particularly for those from knitting industry.

As the renowned knitting machinery exhibition in China, Yiwu H&G exhibits a wide collection of knitting machineries, parts and accessories, including the knitting & hosiery machines, seamless underwear machines, crochet knitting machine, dyeing & finishing equipment, knitting yarns and related fibres. Apart from the knitting section, garment machinery is another highlight which include braiding machines, zipper making machines, label printing machines, sewing machines and related equipments. With explicit theme zones, Yiwu H&G serves as the one-stop sourcing platform to bridge the upper and lower stream of knitting industry. Stepping into its 10th anniversary this year, the organizers of Yiwu H&G will host related concurrent activities and invite international experts to join the event.


Monday, 14 September 2009

ChromaBlast-R/Ricoh GX7000 for producing customized wearables



Condé Systems is now offering the ChromaBlast-R Professional Cotton Decorating System for the Ricoh GX7000 ink jet printer - a very fast, low cost, and reliable desktop system for producing customized wearables with extreme color, an incredibly soft image feel, and unmatched washability.

With a print speed of forty-five seconds per tabloid print, low image costs, and reliable gel-based ink output on 8.5"x11" or 11"x17" ChromaBlast Transfer Media, the ChromaBlast-R/Ricoh GX7000 system is a terrific alternative to direct-to-garment printing or screen printing. "We thoroughly tested this solution," stated David Gross, President of Condé Systems. "We believe the quality of the Sawgrass ChromaBlast product and the realibility of the Ricoh GX-7000 printers will create a consistent, profit-generating system for digital decorators." The features of the powerful ChromaBlast-R Driver enable users to easily optimize color output for photographs, vector graphics or spot colors. Users are no longer limited to OEM driver capabilities or a single ICC profile.

The introduction of ChromaBlast-R Cotton Decorating System for the Ricoh GX7000 printer comes on the heels of the incredible success of the Ricoh GX7000 as a sublimation printer. Introduced in November 2008, the GX7000 was the first non-Epson desktop ink jet sublimation transfer printer supported by Condé Systems. This dramatically fast desktop printer (CMYK cartridges) can print an 8.5"x11" page in 25 seconds (compared to 1:51 for an Epson 1400, 1:48 for an Epson 4800, and 1:45 for an Epson 4880) and an 11"x17" page in 44 seconds (compared to 3:10 for an Epson 1400, 2:55 for an Epson 4800, and 2:48 for an Epson 4880). For maximum user convenience and productivity, the GX7000 provides up to three paper sources - a standard 250-sheet paper tray (up to 11"x17"), an optional 250-sheet paper feed unit (up to 11"x17"), and an optional 100-sheet Multi-Bypass Tray (up to 13"x19"). Visit www.conde.com for additional information and pricing.

With an emphasis on dye sublimation technology and the sublimation printing process, Condé Systems has become the recognized leader in the personalized products market by offering everything needed to get into the photo gift business including transfer systems, production software, blank imprintables, transfer paper and supplies, instructional videos, and workshops

Saturday, 12 September 2009

Shri Lakshmi Cotsyn aims to double production



Shri Lakshmi Cotsyn, a textile major based at Kanpur intends to expand its existing verticals. The company, aims to double the production of its denim, terry-towel, bed-linen and cotton products in coming 12 months and has allocated Rs. 27 billion for this expansion.

This project expansion will assist the textile major to achieve a turnover of Rs. 14 billion, by June 2010, against Rs 9.37 million at present. The required funds will be raised through a combination of equity capital, internal accruals, FI funding and a public offering (FPO).

Under this expansion plan, the company will earmark Rs. 3.78 billion for terry-towels to raise its capacity from 3,000 tons to 15,000 tons per year. It will also establish a 12 MW co-generation agro-based power plant for 100 per cent captive consumption and will invest Rs. 0.75 billion for it.

In addition to this, it will invest Rs 1.6 billion in fabric manufacturing, Rs 1 billion in black-out curtains, while and Rs 3.5-4 billion in backward integration of its existing facilities. The company aims to have strategic alliances with domestic as well as foreign buyers to expand its dealer network.

Revenue of the company has been increasing at a CAGR of 46 percent since last four years. It aims to lead the market in all its operating verticals and to expand the business in most of the foreign countries, while domestic market is its initial target. For this, it will expand its retail outlets in India by June 2010.

Thursday, 10 September 2009

Brahmaputra Cracker to invest Rs 8.96 bn in new projects



Brahmaputra Cracker and Polymer Limited (BCPL) will spend Rs. 896 crore on project activities during FY 2009-10. This was shared by Mr. B. C. Tripathi, Chairman BCPL and Chairman and Managing Director, GAIL (India) Ltd. while addressing the shareholders of the Company during its second Annual General Meeting here.Orders for critical equipment are being progressively placed from end August 2009 to January 2010.

Shri Tripathi also said that the financial closure for the project would be achieved by next month. The Job of Lead arranger for financial closure has already been awarded. GAIL will make an equity contribution to the extent of Rs. 188 crore. Along with the capital subsidy of around Rs. 316 crore; OIDB loan of Rs. 267 crore and current balance of around Rs. 124 crore, this would be sufficient for the requirements.

Over Dimension Consignment is a major issue in taking the project forward. Logistical arrangements for the project are difficult in the northeast region. This is particularly true of heavy engineering equipment as well as requirement of qualified and skilled manpower to implement the project. At present the manpower for the project is being met through drawing from the parent company GAIL (India) Ltd. Reviews of the project implementation are being taken in a regular manner at the highest level in the Company i.e. by Chairman BCPL and these constraints are being dealt with effectively to expedite the project. Shri B.C.Tripathi, Chairman, BCPL took stock of the current status of the project activities and advised the officials to keep a close monitoring and review of the critical project areas.

BCPL has so far made a total financial commitment of around Rs. 1720 crore for the project. Final Basic design and Engineering packages for all units have been received and accordingly material requisition and ordering of equipment are in progress. The Company has placed orders of over Rs.990 crore and tendering for other items to the tune of Rs.1400 crore is in process. Site delivery will progressively start from May 2010 and is likely to be completed by September, 2011. Similarly, orders for critical works are being placed progressively from November 2009 to May 2010.

The Company has achieved several significant milestones including completion of barbed wire fencing, topographical and geotechnical surveys, pipeline and hydrological route survey, infrastructure for construction power and construction of site office. Various site activities such as administrative block building, site grading, plant building and non-plant building works, product warehouse, piling works and boundary wall for

Tuesday, 11 November 2008

Advanced Technology Machines From RITM At India-ITME

INDIA-ITME will be the major textile event in 2008 in India and RITM is of course going to participate to this show. On its booth at Hall 4/Stand G106, RITM will present one of the most complete ranges for textile machinery.

Today’s production of textile and industrial yarns is a challenge requiring flexibility, creativity and market knowledge. With 100 years experience in yarn machinery, RITM (previously known under the brands Verdol, ICBT and Rieter FYT) is a major player in the field of textile machinery.

RITM staff will be present to welcome you on our booth during the INDIA-ITME show, being held November 15-22 2008, in the Bangalore International Expo Centre.

Fine count processing Texturing, Twisting, Covering, rewinding, Assembling… RITM has got always the perfect solution! RITM offers today the most complete range of twisting and covering machinery on the market for all continuous made-man yarns.

Industrial Yarn: RITM reinforces its leading position since the launching of the UT 50 machine, well appreciated for its flexibility and for the quality of yarn and package produced, RITM sets a reference for two-for-one twisting machines for industrial yarns. Listening to the market demands, the machine range is continuously extended to offer the best product answering to all customers’ needs.

For Techtextil North America 2008, RITM showed a combined process to produce cords and ropes up to 4mm in a one step process. The UT 50 machine was connected to a Twister Winder GS 2000 from the well-known rope machine manufacturer SIMA, from Italy.

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Wednesday, 13 August 2008

Textiles Industry achieves 16% growth rate

August 13, 2008 (India)

The Investments in the textiles sector are expected to reach Rs. 1,50,600 crore by 2012 and this enhanced investment will generate 17.37 million new jobs in the textiles sector.

Addressing at a function in Kolkata after releasing the booklet tilted “Indian Textiles- The Sunrise Sector, highlighting the achievements of Textiles Sector during the four year tenure of the Government, The Minister for Textiles, Shri Shankersinh Vaghela said that the Indian textiles industry is in a stronger position than it was in the last six decades due to sagacious guidance provided by Smt. Sonia Gandhi, Chairperson, United Progressive Alliance (UPA) and Dr. Manmohan Singh, Prime Minister.

The industry which was growing at 3-4 percent during the last six decades has now accelerated to an annual growth rate of 16 percent in value terms and will reach the level of US $ 115 billion (exports US $ 55 billion; domestic market US $ 60 billion) by 2012.

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