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Italian machinery export to India up 14%: Carabelli
If you ask many an Italian textile machinery company, what are the factors behind their success, they mostly point out to two elements: Tradition & Innovation. For years, these companies have upheld the great values of their tradition, and by spending 5 per cent of their turnover constantly year after year on research and development (R&D), they have given priority to innovation.
Value addition holds key to future growth
The art of textile making began to develop in the Stone Age. The first textile fabric was probably a nonwoven crude felt, made by compressing loose clumps of fleece from wild sheep. The second stage was invention of yarn which was extracted from various barks of various plants in accordance to their availability.
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