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Vice President Marketing Rieter Components
China and India are the biggest in terms of spindle population
Rieter Components provides technology components and service facilities both for spinning mills and machinery manufacturers. The business group is represented on the market through four brands: Bräcker, Graf, Novibra and Suessen.Silvano Rufo, vice president marketing, Rieter Components, talks about the latest technologies and achievements of the company.
What are your expectations from the ongoing India ITME 2016? How has the response been so far?
The fair is an opportunity to meet all our customers and show them our latest innovations. The exhibition helped us find out how the business moves in our segment. We are getting good response for our business. This year, we had many exhibitions. In 12 months now, this is the fourth big exhibition after ITMA in Italy, ITM in Turkey, and ITMA Asia in China.
Which of your latest technologies are being well received by Indian clients?
There are many of them. LENA Spindles by Novibra reduces energy consumption and noise and is well received by our customers. We were allowed to develop brochures with testimonials on the energy saved using LENA since energy consumption is also an issue in the textile machinery business. It is one of our star products.
Elite compact spinning has also been very well received. We were celebrating as Rieter the sales of 15 million spindles. If you compare with total spindle volume in the market, this is a big share. We celebrated 10 million Elite spindles and 5 million Com4 spindles. Rieter is able to fulfill customer requirements in terms of all the compact systems. Out of the 10 million spindles sold for Elite, about 70 per cent were delivered to our Indian customers. This shows our customers trust the Rieter systems.
How big is India as a market for Premium Textile Components? Where do you see the market growing?
After China, in terms of spindle capacity, India is the second biggest market. But we should also not underestimate Far Eastern Areas, Turkey and North and South America. We have a global presence. Just looking at the figures, China and India are the biggest in terms of the spindle population.
There are changes taking place worldwide. But in total, fibre consumption is increasing. As long as fibre consumption is increasing, the textile machinery business will continue to grow. It is not easy to predict all the cycles however, we are looking forward to do good business.
How would you describe the technologies used in India versus its contemporaries like China, Vietnam, Bangladesh, and Indonesia?
Indian spinners, as well as all other, use good machineries and have high level producing outputs. They are setting benchmarks as far as yarn production and quality is concerned.
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