# 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.

- Type: Partnership
- Announced: 2019-09-13
- Where: Ahmedabad, India, India
- Jobs: 50
- Status: completed
- Products: warp preparatory machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [KARL MAYER](https://endata.com/companies/15437.md) (partner)
- [A.T.E. Enterprises](https://endata.com/companies/42086.md) (partner)
- [Rabatex](https://endata.com/companies/42087.md) (partner)

## Sources

- [indiantextilemagazine.in](https://www.indiantextilemagazine.in/karl-mayer-optimistic-of-indian-jv-with-a-t-e-and-rabatex/), 2019-09-13: "Karl Mayer's strategy has always been to produce close to our customers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.