Rieter – Order Intake, Sales, Profit
For more than 225 years Rieter has been a powerful driving force in the global spinning industry and its sales numbers serve as ‘Health Indicators’ for the spinning industry.
August 2, 2021
For more than 225 years Rieter has been a powerful driving force in the global spinning industry and its sales numbers serve as ‘Health Indicators’ for the spinning industry.
In the Covid-19 pandemic year, the cotton value-chain, like others, has faced unprecedented disruptions. The industry was expected to have a decrease in the production and consumption owing to the Covid restrictions. Yet the cotton textiles supply chain in India has shown resilience, as the cotton consumption in the country during 2021-2022 is expected to reach around 26 million bales which is at par with pre-Covid consumption levels.
Turkey, which enacted its Free Zone Law in 1985, operates 18 active free zones and has one more under development. Located on the coast or within easy access to ports, the zones are designed to promote classic export-oriented manufacturing investment.
Textile and clothing industry has been the second worst impacted industry after travel and tourism, recording a whopping negative growth of 41% in the first
Among the COVID affected industries, Textile and Clothing is some of the worst affected. Calendar Year 2020 (Jan-Apr) has witnessed contraction in the international trade
Impact of COVID-19 on Top Textile & Apparel Exporters of the World Country Jan-Mar 2019 Jan-Mar 2020 Year to date(YTD) change Value Share (%) Value
Polyester Industry Performance Standards PARAMETERS CP Capacity Utilization % 110 CP Efficiency % 99.5 Chip Production % 99.5 First Quality % 99.5 Waste % 0.1
Spinning Industry Performance Standards for 10s Ne (OPEN END) YARN – 100% Re-Cycled Cotton Waste Mixture (Manual Operations) PARAMETERS Utilization % 95 – 97 Production
Spinning Industry Performance Standards for 20s Ne (OPEN END) Yarn – 100% Cotton, Fully – Automated Factory PARAMETERS Utilization % 96 – 98.5 Production
Weaving Industry Performance Standards for 200cms COTTON SHEET (Up to 72 PPI – Picks / Inch) PARAMETERS Warping breaks / Million Meters 0.5 – 1