Textile value Chain

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LAPP has launched its new connectors in the EPIC® product family. These connectors were launched at the recently held Hannover Messe 2019. They combine ease of use, added functionality and a robust quick-lock function to take already high-end EPIC® connectors to the next level in terms of quality.The new products will be available in the market by the end of June 2019.

 

EPIC® Power LS 1 Twist: Quick-lock circular connector system

Connect, quarter turn, done: Quick-lock circular connectors are becoming an increasingly popular product for connecting servo drives. The EPIC Power LS 1 Twist by LAPP is the perfect solution. The handy and robust lock is compatible with the market standard, and the two halves of the connector remain securely in place, even with high levels of vibration. It’s also worth knowing that the EPIC Power LS 1 Twist can be locked in a third of the time compared to a conventional screw connector. There will be ongoing additions to the series with various housing designs.

 

EPIC® H-A 10 and H-A 16: up to 400V

The new EPIC® H-A 10 and H-A 16 connectors can be used for voltages of up to 400V, for example in three-phase motors. To surpass the previous upper voltage limit of 250V, the developers at LAPP have come up with something special to vastly increase the leakage path between the neighbouring contacts, while keeping the scale in the connector the same. The special feature of this product: The new EPIC® H-A is just half the size of comparable rectangular connectors designed for three-phase current.

 

                                                                                                                                                  

EPIC® MH LWL LC: Six connectors in one

Get six pre-assembled fibre-optic lucent connectors in one housing with the EPIC® MH LWL LC module. It features a built-in coupling element (sleeve) that establishes a direct connection and enables it to be positioned accurately. The module is designed for multi- and single-mode fibre with a fibre-optic connector as per IEC61754-20. It is used in machinery and plant engineering and is optimised for rail applications. It also fulfils the fire safety standards for rail vehicles to EN 45545-2.

 

EPIC® MH1 250A: high current, small size

The EPIC® MH1 250A single-pole high-current module for transmission of up to 250 amps carries high electrical power in a very small space, while ensuring maximum safety through effective electric shock protection. It features crimp termination up to 95mm² for ultimate contact reliability. The EPIC® MH1 250A is also designed for use in rail vehicles and complies with the fire safety standards set out in EN 45545-2. It is also suitable for use in robotics, renewable energy systems and machinery and plant engineering.

 

About LAPP India

 

LAPP in Indiais a 100% subsidiary of LAPP Group. Having started its operations in 1998, LAPP in India provides about 200,000 km per year of power, control, instrumentation and data cables along with connectors, accessories and End-to-End Systems to over 7000 customers pan India. Our customers are spread across different industry segments such as automation, textile, automotive, machine tools, oil and gas, renewable energy, process industries, as well as in the infrastructure and building sectors.

 

•             23 Sales offices close to customers all over India & 5 service points

•             300 Employees committed to best serve customers

•             Strong network of 180 dealers

•             2 Manufacturing units - Bangalore and Bhopal

•             5 Warehouses

•             State-of-the-art laboratory

•             Fully fledged Innovation and Engineering Centre

•             3 Centres of Excellence in reputed enginnering colleges to foster Innovation

 

In 2012, LAPP in India completed phase one of its second manufacturing plant in Pilukedi, Bhopal which produces more than 216,000 kms of single core cables per annum, catering mainly to the Building Cable Segment. The production area at Jigani was also doubled in 2014 and a new multi-core line was commissioned in Bhopal with a total investment of over 5 Million Euros.

 

LAPP brands – ÖLFLEX®, UNITRONIC®, ETHERLINE®, HITRONIC®, EPIC®, SKINTOP®, SILVYN®, FLEXIMARK® – are some of the best-known in the cable technology field and have earned an outstanding reputation as premium products. All over the world, they stand for the values which LAPP and their customers consider paramount: high quality, durability and reliability.

 

LAPP now offers ÖLFLEX® CONNECT, its customized cable assembly solution ranging from specialised cable assemblies and industry-standard servo connections to complex high-speed drag chain systems. This plug and play solution display superior German quality and high competence. LAPP to further strengthen its offering for automation especially smart factories, we have introduced ETHERLINE® ACCESS, the managed and unmanaged switches. This ensures that the customers can now buy industrial network solution ranging from data cables, connectors, accessories to industrial active network components from one single source.

 

LAPP in India has pan-India presence with dedicated regional Sales & Marketing offices in Delhi, Mumbai, Kolkata, Chennai, Pune and Bangalore to serve the customers across various industry segments.  LAPP customers can also shop anytime, anywhere on LAPP’s E-Shop (https://shopasia.lappgroup.com/in/), a dedicated e-commerce platform with over 20,000 products at a click of a button. The e-Shop promises secure payment options and 24/7 availability of LAPP products with delivery lead time of 48 hrs.

 

About LAPP:

Headquartered in Stuttgart, Germany, LAPP is a leading supplier of integrated solutions and branded products in the field of cable and connection technology. The company’s portfolio includes standard and highly flexible cables, industrial connectors and cable entry systems, customized system solutions, automation technology and robotics solutions for the intelligent factory of the future, as well as technical accessories. LAPP’s core market is in the industrial machinery and plant engineering sector. Other key markets are in the food industry as well as the energy and the mobility sector.

LAPP has remained in continuous family ownership since it was founded in 1959. In the 2016/17 business year, it generated consolidated revenue of 1,027 million euros. LAPP currently employs approximately 3,770 people across the world, has 17 production sites and around 40 sales companies. It also works in cooperation with around 100 foreign representatives.

 

 

India’s leading denim brand for the youth- Spykar, launched a unique TVC, to introduce India to a new range of denims called GYMJNS. Spykar GYMJNS jeans are the first-ever athleisure jeans created for the outrageously stylish fitness enthusiast. With a ‘4-Way Dynamic Stretch’ and ‘Ergonomic Construction’ these jeans offer the user unrestricted freedom of movement, making them an ideal clothing for the gym and for the outside too!

Spykar GYMJNS are ideal for those who like to pack their day with many exciting things including workouts.This launch marks the brand’s venture in the athleisure category.

The TVC highlights the fun and extra side of the millennial lifestyle.  Matching the product features, the campaign tagline #BeExtraa strikes a chord with the youth of today in their lingo.

The ad shows anathletic young man entering the gym wearing denims and the girl at the front desk takes notice and exclaims a that he is wearing jeans in the gym! He proves his point that he is as flexible in his GYMJNS as anything else and shows off his moves with a dash of being extra. Finally, the girl who has been observing him in the gym is charmed by his moves and enters the frame to reveal that she is also wearing a pair of Spykar GYMJNS as sheshows her final move with a perfect leg split.

Ms. SaisangeetaIsrani, GM-Marketing, Spykar Lifestyle said, “Millennials are time-conscious, ambitious, and always on the go. They love sharing everything they do and want versatility & utility in what they wear. With Spykar GYMJNS, they can now seamlessly move from active to leisure to fun, without having to change their outfit.”

The campaign has been launched across all key digital platforms as well as traditional medium and is already triggered an overwhelming conversation amongst the denim buyers.

With kind of engagement the brand has been consistently doing over a couple of decades with the youth, it is no surprise- that Spykar is the 2nd most preferred Denim brand for youngsters in the 18-35 years agegroup. (A recent study conducted by Nielsen across India amongst 1272 respondents).

 

 

Prime minister Sheikh Hasina invited entrepreneurs and businessmen from Brunei to forge partnerships with Bangladesh enterprises while addressing the opening ceremony of Bangladesh-Brunei Business Forum in Brunei. Bangladesh offers cent per cent foreign equity, unrestricted exit and full repatriation of dividend and capital, she told the delegates. Bangladesh is establishing 100 special economic zones throughout the country and has set up a number of industrial parks as well, she said. With the growing environment concern, biodegradable jute and jute substitute products from Bangladesh have huge potential, she said. The prime minister also urged Bangladeshi businessmen to invest in Brunei, according to Bangla media reports. Some business-level instruments signed at the forum include one between the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the National Chamber of Commerce and Industry Brunei Darussalam (NCCIBD).

 

 

China invested about $1.6 billion in Vietnam in the first four months of this year, making it the country’s fourth largest source of foreign investment, according to the Foreign Investment Agency under Vietnam’s ministry of planning and investment. Chinese investors funded several large projects in the period that included two tyre manufacturing plants. The first tyre manufacturing project was funded with a total registered capital of $280 million in the southern province of TâyNinh and the other such plant of Advance Tire (Vietnam) Co. Ltd in the southern province of Ti?nGiang has a registered capital of $214.4 million. Economic and trade relations between Vietnam and China have been flourishing as is evident from the continuous rise in bilateral trade turnover and the former is fast turning an attractive investment destination for Chinese enterprises. China is currently Vietnam’s second largest export market after the United States. Vietnam is also China's largest trading partner in ASEAN and its eighth largest in the world. It is China’s fifth largest export market and ninth largest import market, according to a Vietnamese media report. 

Vietnam-China trade turnover reached $106.7 billion last year, up 13.5 per cent compared to 2017, according to the ministry of industry and trade. Vietnam exported goods worth $41.26 billion, up 16.56 per cent, while imports reached $65.43 billion, up 11.68 per cent. Vietnam’s garment and textile export turnover to the Chinese market increased by 24 per cent from $3.2 billion in 2017 to $4.1 billion in 2018, said executive director of Vietnam National Garment and Textile Group (Vinatex) Cao H?uHi?u. Yarn was the product most exported to China, making up 48 per cent of all textiles. However, Hi?u said many Vietnamese enterprises, including textile firms, face difficulties when attempting to export goods to China, as the production scale of Vietnamese enterprises is relatively small and many enterprises have not actively explored consumption habits, market information or quality standards and quarantine testing in China.

 

 

Its total income during the period under review stood at Rs 1,837.11 crore, up 10.99 per cent, as against Rs 1,655.12 crore in the corresponding quarter last fiscal.

Diversified firm Raymond Ltd Tuesday reported a 24.26 per cent rise in consolidated net profit at Rs 67.70 crore for the fourth quarter ended March 2019. The company had posted a net profit of Rs 54.48 crore in the January-March period a year ago, Raymond said in a BSE filing. Its total income during the period under review stood at Rs 1,837.11 crore, up 10.99 per cent, as against Rs 1,655.12 crore in the corresponding quarter last fiscal. Raymond's total expenses were at Rs 1,742.79 crore as against Rs 1,578.96 crore in the year-ago period, up 10.37 per cent. For the 2018-19 financial year, Raymond net profit was Rs 174.77 crore as against Rs 141.55 crore in FY 2017-18. Its total income came in at Rs 6,707.65 crore in 2018-19, up 11.33 per cent, as against Rs 6,024.91 crore in the previous fiscal. Meanwhile, in a separate filing, Raymond informed BSE that its board in a meeting held on Tuesday recommended a dividend of 30 per cent on the equity share capital, which is Rs 3 per equity share for the financial year 2018-19. Shares of Raymond Ltd Tuesday settled at Rs 771.35 on the BSE, 1.98 per cent from the previous close.

 

 

Data confidentiality part of pact

The Income Tax Department will now share information — such as reported turnover and gross income declared — with the Goods and Services Tax Network (GSTN) to check tax evasion. The I-T Department and GSTN will enter an agreement on the modalities of information sharing. The Central Board of Direct Taxes (CBDT) has said the agreement will include provisions for confidentiality, a mechanism for safe preservation of data and timelines for furnishing information. CBDT has left the onus of data-sharing on the principal director general of income tax (systems) or director general of income tax (systems). “Spontaneous exchange of data (is in the works), the modalities of which shall be decided by the concerned specified authorities,” an order issued by the CBDT said.

Details captured in returns, status of filing income tax returns (ITR) and turnover ratio will form part of the information package to be shared with GSTN. The data can be matched with the business returns of the assessee.

Data sharing between various tax authorities has been an issue in the past. Income tax authorities now get information from various sources, including foreign tax authorities. The new income tax returns also capture details of taxpayers that could come in handy for GST authorities. Reverse flow of data from the GST authorities, when it would be set rolling, could further strengthen the I-T Department’s flow of information to tax payments. There have been reports of evasion under the GST and the authorities are now looking at ways to plug it. They have introduced the Electronic Way Bill and imposed tax collected at source on payments made to suppliers by ecommerce platforms. Flow of information from income tax will further aid in curbing evasion, an official said. “CBDT guidelines for income tax officers to automatically share information with GSTN will not only improve transparency of taxpayer data but also bring efficiency in the overall tax administration,” said Rakesh Nangia, managing partner, Nangia Advisors (Andersen Global). “The exchange of basic data about taxpayers’ turnover or gross profits will act as a tool for reconciliation by the GSTN, highlighting those who under-report.”

 

 

Higher govt capex boosts cement, steel sectors and helps recovery in infra

The infrastructure sector continued its growth momentum for the second month in a row, hitting a fivemonth high of 4.7% in March on the back of strong output in coal and cement, showed data released by the government on Tuesday. The index of eight core sector industries recorded 2.2% growth in February and 4.5% in March 2018. The eight infrastructure industries — coal, cement, steel, electricity generation, crude oil, fertilisers, refinery products and natural gas — have a combined 40.27% weight on the Index of Industrial Production (IIP), suggesting that the industrial growth is likely to revive from its 20-month low recorded in February.

“Core sector data shows some recovery in production of infrastructure industries in March that can partly be attributed to most companies meeting targets in their sectors,” said MadanSabnavis, chief economist at CARE Ratings. Higher growth in infrastructure was driven by a 15.7% rise in cement output, suggesting some pick-up in construction ahead of monsoons as this growth is on a high base of 13.5% rise in the same month last fiscal. A reasonable 6.7% rise in steel production in March also backs construction recovery. “It appears that the government’s capex spending has clearly helped cement and steel,” said Sunil Kumar, principal economist at India Ratings. Coal production rose 9.1%, but there was no commensurate rise in power generation, which was up only 1.4% in March, marking third successive month of tepid growth. Crude oil production stayed downhill, falling 6.2% in March from the year-ago period. Natural gas production was up 1.4% in March, while refinery products and fertilisers rose 4.3% each. “Given the growth of 4.7% in March in core sector, we may expect the Index of Industrial Production growth at 4-4.5% and overall growth for the year also being in this range,” Sabnavis said. For the entire 2018-19 fiscal, the core sector expansion rate remained flat at 4.3%.

 

 

Ø  High speed Sample Warping Machine suitable for yarn range between 5 to 500 Tex

Ø  Sectional Warping Machine has user friendly advance software & data management

Ø  Single End Sizing Machine offers 4, 8, 12 and 16 spindle configurations

 

India based and innovation driven company, Rabatex Industries has lined-up the latest and innovative weaving preparatory technologies including battery operated material handling equipment in a 72 square metre stall at ITMA 2019 in Barcelona in Hall no. 4, Booth no. D215.

 

The technologies on display include an Automatic Sample Warper, Single End Sizing Machine, Advanced Sectional Warper, Battery Operated Material Handling Equipment and also an Ultrasonic Reed Cleaning Machine.

 

The Rabatex high speed Automatic Sample Warping Machine model RI 6001 is primarily for production of samples and short production warp at very high production rate. The RI 6001 has a robustly constructed warping drum, suitable up to widths of 2400 mm and for warping lengths between 21 and 450 metres (depending on thread density) and suitable for yarn range from 5 to 500 Tex.

 

The RI 6001 comes with a heavy duty rotational creel with a maximum creel capacity of 16 colours and is suitable of attaining maximum speeds of up to 1,200 metres per minutes.

 

The Rabatex Sectional Warping Machine RI 112 is a state-of-the-art technology which produces high quality warp beams with higher productivity. The RI 112 comes with user friendly advance software and data management, which offers all online data of warping operations. It also offers graphical display of all events and breakages and also loss end memory control.

 

The ergonomically designed Single End Sizing Machine RI 8001 offers 4, 8, 12 and 16 spindle configurations and produces sized yarn of the highest quality to ensure trouble-free and smooth weaving operations. The RI-8001 is suitable for cotton yarn in the range of 10’s to 120’s Ne and polyester yarn in the range of 30 to 210 deniers, with option of dry steam or electric heater drying system.


Rabatex operates four fully functioning manufacturing units, dedicated to producing state-of-the-art machineries and technologies. Another plant covering an area of 50,000 square metres is under construction, which would be devoted for manufacturing material handling and storage equipment.

 

“All our technologies, including those on display at our ITMA 2019 stall are very robust and so require very less maintenance. We have developed these technologies through our in-house R&D team and go through rigorous tests before being launched in the market,” Mr Haresh Panchal, Managing Director of Rabatex Industries said.

 

“We have grown in double digits in the last few years, thanks to the continuous launching of new technologies and also due to the excellent after sales service support, which we provide to our customers,” Mr Panchal added.

 

About Rabatex Industries:

Set up in 1962, the vision and mission of Rabatex has always been to develop advanced technology textile machinery through its passionate R&D team and in the process, offer customers state-of-the-art machinery or equipment. This has resulted in acceptance of Rabatex technologies in 28 countries like UK, Russia, Syria, Uzbekistan, Spain, Turkey, Egypt, El Salvador, Brazil, Nigeria, Pakistan, Nepal, Bangladesh, UAE, Yemen, Vietnam, Ethiopia, Chad, Kenya, Tanzania, Mauritius, Thailand, Sri Lanka, Indonesia and Ukraine.

 

 

Please find the attachment below,

 

 

eMudhra, a licensed Certifying Authority underthe Controller of Certifying Authorities (CCA),India, announced the launch of new version of eSign  services (version 3.0), which offer users a new and innovative way to quickly sign documents using cloud based electronic signatures generated relying on anoffline e-KYC mechanism. In fact, eMudhrais the first licensed e-Signature Service Provider (ESP) in the country to roll out theneweSignservices.

Unlike in the past where the users had to carry out e-KYCevery time they wanted to generate and use electronic signatures,the neweSign services prompt the user to create ane-KYC account, which is valid for 2 years, ande-verify the credentials once. From that time on, all that the user has to do islogin into the e-KYC account using OTP &PIN, and generate eSign 3.0 compliant signature to electronically sign any number of documents. This cloud based signing process removes the requirement of complicated hardware (USB Token) or client software to fulfill digital signing requirementsof the user. On the other end, the open APIs available with this service makes it easy for online service providers such as banks, insurance providers ande-commerce companies toquickly integrate eSign 3.0 facility (provided by eMudhra), making the feature of non-repudiation more robust in their existing service.

Vijay Kumar, Head – Technology, eMudhra says, “The new eSignin its revived form is very transformative and will go a long way in driving the paperless initiatives of government as well as private institutions.We are thankful to the Controller of Certifying Authorities for bringing in this proactive reform in theeSign ecosystem.”

V. Srinivasan, Chairman,eMudhra says, “As the new eSign is cloud based, it can facilitate e-Signatures from mobile devices, thereby taking digital transformation to the next level. We expect significant uptake of the new eSign across multiple industries such as BFSI, education, healthcare and many more.”

About eMudhra:

eMudhra is a licensed Certifying Authority under Ministry of Information Technology, India and has issued digital signatures to over 40million customers in the country. eMudhra also holds the Chairmanship of Asia PKI Consortium, Chairmanship of the India PKI Consortium, and is a member of the UN council on Blockchain. At eMudhra, innovation is one of our core principles and our product development efforts are aimed towards building cutting edge IP that can accelerate the world’s transition to a secure integrated digital society.

 

 


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