Home / Knowledge / News / Textiles / Suminoe Textile to provide technical support to Alps
Suminoe Textile to provide technical support to Alps
23
Jan '08
Alps Industries Ltd has informed that the Company has entered into a technical collaboration and marketing support agreement with Suminoe Textile Company Ltd, Japan for manufacture of automotive fabrics. The project is proposed to be set up at Laksar in Uttaranchal.

The Japanese Company will provide design and technical support to the Company as well as assist it in marketing the fabrics to leading automobile manufacturers on the strength of their experience and relationships with all leading automobile manufacturers.

Alps Industries will make an investment of Rs.150cr which includes expansion of decorative fabric capacity, which is already under implementation. The plant will have state-of-the-art processing machinery.

Announcing the tie up, Mr. Sandeep Agarwal, MD, Alps Industries Limited, said "We are delighted to enter into a technical alliance with Suminoe Textile Co Ltd.

Our venture into value added lines is an obvious extension of our textile expertise. The automotive fabric industry is growing rapidly with the growth in the auto manufacturing sector and we hope to notch up revenue of Rs 100cr in three years from this segment.”

Alps Industries Ltd


Must ReadView All

Textiles | On 29th Jun 2017

Indian textile industry will reach new milestone by 2020

By 2020, textile technologies will be highly advanced not only with...

Alessandro Zucchi; Courtesy: ACIMIT

Textiles | On 29th Jun 2017

Alessandro Zucchi succeeds Carabelli as ACIMIT president

The members’ assembly of the Association of Italian Machinery...

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search