Home / Knowledge / News / Textiles / Freudenberg group gung-ho on India
Freudenberg group gung-ho on India
21
Sep '10
Freudenberg, which is among the major global suppliers specializing in seals and vibration control technology, nonwovens and filters, has made investment of more than Rs 1.3 billion in India, in the past two years.

As per the Regional Representative of the Freudenberg Group in India, Mr. Jorg Matthias Grossmann, the group is continually making investments in India and has recorded a healthy growth in Indian market with 33.6 percent improvement in net sales from Rs 4.17 billion in 2008 to Rs 5.58 billion, last year.

Freudenberg Filtration Technologies has joined forces with an Indian energy and environmental technology company, 'Thermax', in order to cater to the requirements of large gas turbines and compressors for the energy, petrochemical, iron, steel with innovative filtration and cooling solutions.

The company is in process of formulating a strategy for investments in next five years, added Mr. Grossmann, emphasizing that the group has recognized India as one of the strategic growth markets.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

New Pashmina Dehairing Plant to come up in Leh

A new Pashmina Dehairing Plant will be installed at Leh to increase...

Apparel/Garments | On 25th Mar 2017

Net sales at Christopher & Banks fall 10% in Q4

Net sales totalled $85.0 million for the fourth quarter ended January ...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search