The CEO Handbook: Innovations in Machinery

Download or read book The CEO Handbook: Innovations in Machinery written by Fibre2Fashion and published by Fibre2Fashion. This book was released on 2015-04-01 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: The CEO Handbook to cover the innovations and new developments in the textile machinery. This feature shall be a voice through which the machinery companies can narrate their story of innovations. They can present their innovative machineries and new development to the textile leaders through the medium of this print feature that will be circulated to CEOs and top decision makers of textile companies within India and South East Asia. This feature will not only render visibility to their innovations but also act as a positive catalyst of success. In today’s world, textile manufacturers need to keep upgrading their machineries to stay competitive. In fact, it is the latest machinery that drives the growth of the textile and garment industry by providing efficiency and optimisation in production. To meet customers’ demands and needs, global leaders in textile machineries strive hard to come up with innovative and more efficient textile machines. The newer machines are intelligently designed to give maximum quality and optimum economic efficiency with outstanding features. The trends in shipments of machineries give an indication of which machineries are in demand. Shipments of flat-knitting machines rose by 52 per cent, while deliveries of shuttle-less looms increased by 14 per cent year-on-year in 2015, according to the 38th annual International Textile Machinery Shipment Statistics (ITMSS) released by the International Textile Manufacturers Federation (ITMF). On the other hand, shipments in some textile machinery segments experienced declines in 2015. Deliveries of new short-staple spindles fell by nearly 8 per cent from 2014 to 2015. Shipped long-staple spindles and open-end rotors decreased by 61 per cent and 6 per cent, respectively. The number of shipped draw texturing spindles fell by 26 per cent and shipments for new circular knitting machines by 6 per cent year-on-year. However, 2015 was a very good year for the segment of electronic flat knitting machines as global shipments grew by 52 per cent to 70,100 machines, the highest level since 2011. Not surprisingly, Asia received the highest share of shipments (93 per cent). China remained the world’s largest investor for flat knitting machines in 2015. Thereby, Chinese investments increased from 19,000 units to 35,500 units. But, due to rising labour and production costs, textile and garment manufacturing is shifting, to a certain extent, from China. As a result, new plants are being set up in other countries, especially in Asia and Africa. This is where the new machineries would be in demand. ‘Innovations in Machinery — The CEO Handbook’ tries to explain the advantages of various machines that will help technocrats in choosing the right machine. This volume is a collection of top most companies that inform readers about the latest innovations in textile machinery. It presents some of the leading machinery entrepreneurs from different textile verticals who have contributed to the textile industry with their innovations. New technologies and techniques in textile production are sure to draw the attention of top textile technocrats. Going beyond, this volume attempts to give a glimpse of the future of textile machinery and production. This handbook will reach the top technocrats in the textile and apparel organisations throughout the world. It will serve as an extensive source of information regarding upcoming technologies and innovations in the global textile machinery industry.