Swiss textile machinery major Rieter has made a complete exit from city-based Lakshmi Machine Works (LMW). Rieter has sold its residual 3.48% stake in LMW on Tuesday. LMW had bought out the 50% stake held by Rieter in their joint venture ...
Tags: Market View, textile machinery
Brooks Brothers,the oldest US garment retailer,is all set to enter the Indian market,as the Indian Government has given a green signal in response to the firm's application for setting up outlets in the country. Foreign Investment ...
Tags: Brooks Brothers, garment, Indian market, ready-to-wear
On the occasion of the India ITME in Mumbai, Lindauer DORNIER GmbH will now present the new weaving machine P1 for the first time on the Indian market. Highest requirements of current and future developments for complex technical textiles ...
India Itme 2012, which takes place from 2 to 7 December 2012 in the Bombay Convention & Exhibition Centre (BEC) is the largest exhibition of its kind in India and is expected to attract over 125000 textile visitors. Picanol will take this ...
Tags: weaving machines, ITME, textile market, textile
World sales to climb 5.2% annually through 2016 Global sales of industrial fasteners are expected to climb 5.2 percent per year to $82.9 billion in 2016, accelerating from the 2006-2011 rate of market expansion. The economies of many ...
Tags: Industry Trends, Fasteners
In an exclusive interaction,Ravishankar,CEO&Co-Founder,Nevales Networks speaks about the company's value proposition as the defacto managed service provider for SMBs in India.The Indian company is sure about the success of ...
Tags: SMB, IT infrastructure, cloud, Nevales
Homag encountered a significant slump in Eastern European business in the first half of 2012. Order intake (excluding commercial products, replacement parts and services) was down 39.2% compared with last year. The company blamed this on ...
Tags: market view, wood
The government of India recently permitted 51% foreign direct investment (FDI) in multi-brand retail. However, when fibre2fashion spoke to a few leaders in the apparel and garment retail sector earlier, they admitted that the policy was not ...
Tags: FDI, foreign direct investment, multi-brand retail, PWC
During April-August this fiscal, steel imports into India grew 38.6 per cent to 3.32 million tonnes over 2.39 mt in the corresponding period last year. Production during this period grew 4.3 per cent to 31.71 mt from 30.42 mt, while ...
Tags: Industry Trends, bearing
Trendy young British fashion brand, Lipsy, announced that it has entered into an exclusive franchise agreement with Brand Marketing India (BMI) to market and distribute Lipsy branded products in India. Lipsy, which was acquired by Next ...
Michelman,a global developer of water-based packaging coatings and surface modifier additives,is expanding in the burgeoning Indian market with the opening of new offices in Mumbai.Led by Manoj Deorukhkar,Michelman's new India country ...
Tags: Construction, Michelman, Decoration
Banking on extensive years of manufacturing enterprise,"Yamuna Power&Infrastructure Ltd."is striving hard to fulfill the clients requirements by providing a wide assortment of Elbow Connectors.Our customer-centric approach and continual ...
Tags: Elbow Connectors, Manufacturing enterprise, Elbow Connectors 24 KV
Rieter Group releases result for the first half of 2012. Higher order intake than in the second half of 2011 – lower sales, as expected – profitability reduced by lower volumes and the investment program – investment ...
Tags: market view, Textile machinery
On August 22,AOC TV has signed Bollywood actress Kalki Koechlin as brand ambassador,and has announced that it targets to double revenue from India to Rs 1,100 crore in 2013,as it looks to corner a"significant"market share in the growing LCD ...
The Hershey Company,a Pennsylvania-based manufacturer of chocolate and sugar confectionery products,is planning to set up a new facility in Asia and focus on its five core brands-Hershey's,Reese's,Hershey's Kisses,Jolly Rancher and Ice ...
Tags: new facility, core brands, emerging markets