Karl Mayer sets up joint venture in India with A.T.E. and Rabatex

Karl Mayer, a global leader in warp knitting and warp preparatory machines, established a joint venture in India with A.T.E. Enterprises and Rabatex to manufacture warp preparatory machines. The new company, Karl Mayer Textile Machinery India Private Ltd., has its registered office in Mumbai and production facility in Ahmedabad. Karl Mayer holds 76%, Rabatex and A.T.E. hold 12% each.

“Karl Mayer's strategy has always been to produce close to our customers.”indiantextilemagazine.in

• 1 source
• indiantextilemagazine.inKarl Mayer optimistic of Indian JV with A.T.E. and Rabatex - The Textile MagazineK. GopalakrishnanSep 13, 2019

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