|Karl Mayer opens assembly plant in India|
Ahmedabad - Warp knitting machine builder Karl Mayer has opened its first production facility in India. Located in Ahmedabad, the new factory will be operated by the German firm?s Indian subsidiary Karl Mayer India Private Ltd.
India is an increasingly important market for Karl Mayer with the region representing 4 per cent of is machine sales in 2013 with around 80 per cent of all tricot and raschel machines in India manufactured by Karl Mayer.
Moreover, it is the second most important sales region for its Warp Preparation Business Unit. In some sectors, such as direct beaming and sizing machines, Karl Mayer has a market share of more than 90 per cent.
?Since the end of 2010, there has been strong growth in the warp knitting industry,? the company said. Karl Mayer is recognising the increasing significance of India for its business by increasing its presence there.?
Karl Mayer has had a presence in India for several years. Its subsidiary, Karl Mayer India Private Ltd., which offers a range of services, was set up as early as 2009 while its own training facility, the Karl Mayer Academy India, was opened in June 2012.
The site in Ahmedabad covers an area of around 3,700 square metres, of which the assembly hall takes up 2,100 metres.
Initially, the plant will the assemble creels used most frequently for warp preparation in India. If this proves successful, capacity may then be gradually increased with an eventual aim of building other types of creel for the Indian market with some components sourced directly from domestic suppliers.
?If we are really successful here, we can offer our customers all the advantages of local production, i.e. short delivery times, customer-specific solutions and favorable acquisition costs, without any of the tax disadvantages associated with imports,? said the project leader, Alexander Kistner.
The official opening of the site took place 27 May with representatives from the company and its local agent, A.T.E. Official visitors from Karl Mayer?s management included the CEO, Arno Gartner, the head of the Warp Preparation Business Unit, Roland Kohn, and Jochen Schmidt, head of Technical Textiles, Kevin Socha and Milind Mirkar ? the managing director and general manager of Karl Mayer India ? and head of the Warp Knitting Business Unit, Oliver Mathews. Also included in the special celebrations were representatives from A.T.E., the managing director, Anuj Bhagwati and the director, Gurudas V. Aras.
The newly developed DS EC2 machine was also premiered at the opening celebrations.
By the end of the year, Karl Mayer will also move its Academy from Surat to Ahmedabad. ?By concentrating the service activities Karl Mayer hopes to achieve a lot of synergies,? the company said. ?The participants in the training courses can see for themselves and be convinced by the quality of Karl Mayer?s location in India and they can have a look at the machines produced there. On the other hand, Karl Mayer benefits from the proximity to its customers.?
An open house event is currently being planned for 2015.