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Textile Machinery Blog

VDMA

VDMA Textile Machinery: successful India Management Meeting

March 2021
11
Author: Boris Abadjieff
Company: VDMA - Textile Machinery Association
VDMA Textile Machinery: successful India Management Meeting

On 2 March 2021, about 80 representatives of VDMA members, subsidiaries and their agencies attended the first India Management Meeting. What are the most important insights from the company contributions? Business in India has been picking up significantly since the 4th quarter of 2020. Two out of three participants rate the prospects for the textile machinery business in India over the next six months as very good or good, 29 % as satisfactory and only 3 % as unsatisfactory. The forecasts are in particular good for spinning (incl. man-made fibre), technical textiles and nonwovens.

We cordially thank the speakers and experts from the companies Saurer Group, Oerlikon Textile GmbH & Co. KG, KARL MAYER, A.T.E. Group, Groz-Beckert Asia, DILO, Lenze Mechatronics and Thies GmbH & Co. KG. Special thanks to our high-level guest speakers Mr. Rajen Udeshi, Reliance Industries and Mr. Pramod Khosla, Khosla Profil. We look forward to further events of this kind on special market-specific topics such as the Amended Technology Upgradation Funds Scheme (ATUFS), which we will organise together with our colleagues Ms Jamly John and Mr Rajesh Nath from the VDMA India Office, www.india.vdma.org.