Suessen
bags massive
order from SJLT Textiles
Commenting on the order, Mr.
Peter Stahlecker, Joint Managing
Director, Suessen Premium Textile
Components, said India is the com-
pany’s main market, adding 700,000
spindles a year. “Sixty per cent of
our installations are in India. We
have seen improvements in the mar-
ket in the last couple of months. Fur-
ther, we have an 80% market share
of the Indian compact spinning and
85% are orders from the existing
customers”.
Mr. V. Jagadeesan of SJLT Tex-
tiles said he started out with 6,000
spindles 25 years ago and now has
150,000 spindles. “The market is
not good after the fnancial cri-
sis, and we are aiming to produce
higher quality product so as to mar-
Suessen has secured a
100,000-spindle order
for its EliTeCompactSet
V5 from SJLT Textiles, a
cotton spinner based in
southern India.
Mr. Peter Stahlecker, Joint Managing Director, Suessen Premium Textile
Components, and Mr. V. Jagadeesan of SJLT Textiles
ITMA 2011
[exclusive feature]
44
|
The Textile Magazine
OctoBER 2011
By K. Gopalakrishnan