Rabatex Industry enters a JV with an Italian Company
- Feb 11, 2020
- 1 min read
Updated: Feb 22, 2020
One of India’s largest textile machinery manufactures, Rabatex Industries has enterd into a
joint venture with Italian textile machinery group Alexander and Giovanelli (A&G) Group.
The joint venture will bring A&G group’s expertise and innovation in manufacturing and
sales of advanced, electric operated, handling equipment to the Indian market.
With support from A&G, Rabatex aims to manufacture state-of-the-art weaving
transportation trolleys in India.
“The main reason for tying up with Rabatex is to use their world-class manufacturing facilities and proficiency. It will reduce our production costs and we will be able to offer products with the most competitive prices in the world market. The supply from India will surely shorten the delivery time to supply to India and other Asian countries as well. We hope to have progressive association and partnership with the Rabatex Group,” Luca Giovanelli, director at Alexander & Giovanelli Group, said.
According to Sandeep Panchal of the Rabatex group, Rabatex is looking forward to catering
to the demands for automated equipment which will ease the functioning of any unit, and
reduce operational cost.
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