00 ItMa 2011 (exclusive Feature) - Textile Magazine
00 ItMa 2011 (exclusive Feature) - Textile Magazine
00 ItMa 2011 (exclusive Feature) - Textile Magazine
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
itMA <strong>2011</strong> [<strong>exclusive</strong> feature]<br />
suessen bags massive<br />
order from sJLt textiles<br />
By K. Gopalakrishnan<br />
suessen has secured a<br />
1<strong>00</strong>,<strong>00</strong>0-spindle order<br />
for its eliteCompactset<br />
V5 from sJLt textiles, a<br />
cotton spinner based in<br />
southern india.<br />
44 | ThE TEXTILE MAGAZINE OCTOBER <strong>2011</strong><br />
Mr. Peter Stahlecker, joint Managing Director, Suessen Premium <strong>Textile</strong><br />
Components, and Mr. V. jagadeesan of SjlT <strong>Textile</strong>s<br />
Commenting on the order, Mr.<br />
Peter Stahlecker, Joint Managing<br />
Director, Suessen Premium <strong>Textile</strong><br />
Components, said India is the company’s<br />
main market, adding 7<strong>00</strong>,<strong>00</strong>0<br />
spindles a year. “Sixty per cent of<br />
our installations are in India. We<br />
have seen improvements in the market<br />
in the last couple of months. Further,<br />
we have an 80% market share<br />
of the Indian compact spinning and<br />
85% are orders from the existing<br />
customers”.<br />
Mr. V. Jagadeesan of SJLT <strong>Textile</strong>s<br />
said he started out with 6,<strong>00</strong>0<br />
spindles 25 years ago and now has<br />
150,<strong>00</strong>0 spindles. “The market is<br />
not good after the financial crisis,<br />
and we are aiming to produce<br />
higher quality product so as to mar
Change language