Kusters Calico Machinery Pvt. Ltd. (KCM), a producer and exporter of open width wet textile processing machines for both woven and knitted fabrics, inaugurated its upgraded manufacturing facility on April 11. With this new upgraded manufacturing facility, KCM aims to provide timely delivery and high quality German products to customers in India and abroad.
With strong backing of its German parent, the Jagenberg Group, which now holds 100% controlling stake in Kusters Calico since February 2018, KCM started the upgradation exercise two years back and has invested close to Rs. 10 crores, with plans to invest another Rs. 5 crores in 2018.
Now the company has set a goal to reach revenues of Rs. 120 crores in the next few years, as against Rs. 85 crores currently.
The inaugural function was attended by Dr. Erich Broeker, Group CEO, Jagenberg AG, and Managing Director, Kleinewefers GmbH, Germany, Mr. Sushil Verma, Managing Director, Kusters Calico Machinery Pvt. Ltd., and employees of KCM.
“KCM has always striven to offer better products and services to its customers and has been working to further improve various processes, infrastructure, facilities to upgrade our product range to meet customer expectations and requirements of high end technologies. This new upgraded facility will help better all the above and more,” Mr. Sushil Verma, Managing Director at KCM, said.
In textile wet processing machines, KCM manufactures washing, dyeing, bleaching, singeing, mercerizing, finishing, desizing and dye padders. It also manufactures converting machines for coating and lamination lines, which are used, for converting plastic films or foils to packaging material or for further processing by creating barriers for air, moisture and light by coating with various materials.
KCM has installed around 500 wet processing textile machinery in various countries worldwide, which includes Germany, Turkey, the Russia, the US, the Middle East, Egypt, Iran, Bangladesh, Vietnam, Thailand, Malaysia, Indonesia and Africa, besides selling to all major textile companies in India. This year KCM is exploring markets in other countries like Uzbekistan, Sri Lanka and Myanmar.
In the coming years, several Jagenberg AG Group companies want to introduce their products in India, and Kusters Calico is evaluating the manufacturing of these products in India under the ‘Make in India’ concept of Prime Minister Modi. This will further increase the production capacity of KCM in the coming years.