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GST shift to hit capital cycle of biz
The transition to GST will disrupt the working capital cycle of businesses in the initial phase and thus easy
liquidity in the system is essential for two to four months, says India Ratings and Research (Ind-Ra).
Celebrating the future with a jubilee
Karl Mayer will be demonstrating its progress-orientation by a series of events to take place, among others, at the company’s headquarters. On the occasion of 80th anniversary, KARL MAYER swill be organising an in-house show at its headquarters in Obertshausen at the beginning of July 2017.
Walmart pushes for technology & talent
As part of reviving manufacturing, Walmart advocates for developing talent and technology. Speaking at the 2017 international conference of the AATCC in Wilmington, Joe Quinn, Senior Director of Public Affairs at Walmart presented a case for growing talent and new technologies to drive growth in manufacturing and economy.
‘Sock-oprenuer’ wins Woman Entrepreneur of the Year
Women have superpowers. Not only do they run a household, but also follow their professional passions with equal zest. Proving this to be true, Lubeina Shahpurwala, along with her power partner Naazneen Katrak, is successfully running one of the biggest socks manufacturing companies in India – Mustang Socks.
LANXESS presents leather fashion trends
Specialty chemicals company LANXESS, a world-leading manufacturer of leather chemicals, is unveiling leather trends for the spring-summer season 2018. The collection presents tanneries with numerous leather samples that reflect the trends in terms of colour, structure, haptics and overall appearance.
We follow textile industry & customers very closely
Unitop Projects & Services Pvt Ltd is into project engineering and turnkey execution of chemical and other projects. The company is an off-shoot of Elite Engineers, who have been operating in this field since 1974. The Group enjoys the facilities of a modern engineering office at Thane and two manufacturing units in the name of Elite Engineers, Thane and Special Process Equipment Engineering Co, Badlapur.
von Hollen is new President of UR
Universal Robots (UR), a Teradyne company and the global leader in the collaborative robot market, named Jürgen von Hollen President effective immediately. He succeeds Enrico Krog Iversen who relinquished the post in June 2016 to pursue other interests.
Rieter reaps 28% rise in sales in India
Both in China and India, Rieter significantly increased sales, by 33 per cent to CHF 186.5 million and by 28 per cent to CHF 182.1 million, respectively. In the other Asian countries, sales declined by 12 per cent.