Rieter plans to set up textile machinery plant near Pune

26 Sep '08

4 min read

The branches in India bring Rieter closer to the doorstep of Indian customers and provide easier access to the developments and products brought out by Rieter Textile Systems. Rieter India provides to its Indian customers instant access to the best international standards of quality and productivity. The world-class service is tailored to meet individual customer requirements promptly.

Speaking on the occasion, Mr Hartmut Reuter mentioned that Rieter Group considers India as one of its key markets and the setting up of the Indian subsidiary is indicative of its long-term commitment to Indian customers. Rieter's innovative momentum has been a powerful driving force for industrial progress in India. Products and solutions are ideally tailored to its customers' needs and are increasingly also produced in customers' markets.

For the benefit of shareholders, customers and employees, Rieter aspires to achieve sustained growth in enterprise value. With this in mind, Rieter seeks to maintain continuous growth in sales and profitability, primarily by organic growth, but also through strategic alliances and acquisitions.

He added that Rieter intends to bring a majority of its products to India for local manufacturing. It will be the latest technology with a high degree of localization and adaptations to the needs of our Indian customers. The focus will be to lower the total cost of ownership for our customers. Rieter is very enthusiastic about the prospects of the Indian textile industry and is more than happy to contribute to its future success.

Rieter India Private Limited

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