52
|
The Textile Magazine
August 2012
ning in mills like President Mills
and Madura Mills. The company
was initially operating through
agents till 2008 when it decided to
establish an Indian subsidiary in
view of the potential and expected
growth of the Indian market.
Since then, Picanol India, headed
by Mr. Palanisamy Kasiviswa-
nathan, has been looking after local
sales and service activities. Today,
the company is focusing on sales of
Picanol weaving machines, installa-
tion and commissioning of ma-
chines, complete service and sales
of original Picanol spare parts and
accessories and repairing of PCBs
for the repair of electronic circuit
boards of Picanol looms.
Mr. Kasiviswanathan says: “We
are excited to expand our opera-
tions and move to a new facility.
With the broadest product range on
the market, improved local services
and considerable presence, Picanol
remains highly committed to India
and plans to be the leading provider
of weaving systems for the entire
Indian weaving sector. We appreci-
ate all of the support that we have
received from both the State and
local officials, and would therefore
like to express our utmost gratitude
to the Belgian and Indian
government representatives
for the excellent co-opera-
tion in India”.
In recent years, Picanol
India has seen a steady
growth in its market share,
which has led to it becom-
ing the leading provider
of weaving machines on
the local market today.
India is a market of crucial
importance for Picanol as
it is one of the key textile
markets in the world.
As part of its further
growth plans, Picanol India
purchased new headquar-
ters in downtown New Delhi at the
end of 2011. The print repair shop
and the office, which were located
in separate buildings, have been
brought together in the new build-
ing. The inauguration of the new
offices marks a major milestone for
Picanol in India. Picanol India also
has regional offices in Mumbai and
Coimbatore and currently employs
35 people.
Mr. P. Kasiviswanathan, Head of Indian Operations, Picanol
This picture taken in 1961 shows a
Picanol machines arriving at an Indian mill
cover story