Technological advancement is need of the hour. Technology developers are constantly innovating to produce & upgrade technology of machineries that increase production, save time & make process simpler. Every now & then new technologies are introduced that brings massive change in production quantity, improvement in quality and operating time or ease out the process. All these advantages come with a price, it demands additional capital investment. Today for completing a single process there are multiple technologies available that do the same work in multiple ways. So when it comes to selection of a technology for textile machineries people just don’t jump to the latest version like in the case of smart phones. A detailed comparison of price to the need of advancement is carried out along with analysis of advantages that the technology will offer. Global Textile machinery market is witnessing tremendous growth buoyed by growing demand of textile & apparel market. It is forecasted to grow at a CAGR of 14.02% till 2018. The major countries manufacturing textile machinery are Germany, Italy, Switzerland, Japan, France and now China. The textile technologies are available in two version low cost (semi automatic) mostly manufactured in China for low cost countries and…
India for ages in textile world is well known only as a spinning country and so naturally for years the textile machinery segment has seen great demand from the spinning sector only which has resulted in the growth of market for machinery suppliers from India as well abroad. Recently the importance of value addition, low investments & huge returns in other sectors like weaving & garmenting has comprehended the entrepreneurs to develop integrated plants & look beyond just yarns. The weaving industry of India is still controlled by the unorganized sector. India manufactures only 5% of cloth through organized sector, 20% through Handloom sector, 15% through knitting sector and 60% is produced through decentralized power loom sector. From 2013-14 to 2015-16 the import of weaving machineries has increased with a CAGR of 13%. In 2015-16 India imported weaving machineries worth US$ 495.2Mn. The imports in 2017 have slightly reduced due to latest Indian financial reforms. As per fig 1 there is considerable increase by almost 30% in exports of weaving machineries. In 2016-17 textile machineries worth Rs. 6650 Cr were produced in India. Spinning machineries alone constituted 54% of share. Whereas weaving accounts for a mere share of 14%. The…
Surat will get Textile Skill development centre soon !!! Textile city Surat will have new skill development center in near future. Last week, The cabinet committee on economic affairs, has given its approval for Scheme for Capacity Building in Textile Sector (SCBTS), a new skill development scheme covering the textile sector. This scheme will have an outlay of Rs 1,300 crore for 3 years. Industry sourses Said, these center will develop in Surat, Ichalkaranji, Bhilwara, Tirupur, Varanasi, Malegaon, Pali and in Bhiwandi. The scheme will have 'National Skill Qualification Framework (NSQF)' compliant training courses with funding norms as per the common norms notified by Ministry of Skill Development and Entrepreneurship (MSDE). There are 6.5 lakh powerloom machines are installed in surat which produces app. 3 crore meter fabrics per day. Weaving industries in the city is unorganised and most labourers in the city are self-groomed without any proper technical skill orientation or training and this creates an inconsistency in the production and quality parameters. Upskilling and recognition of prior learning is the need of the hour for the Surat powerloom industry, which employs four lakh workers directly. The skilling programmes would be implemented through textile industry to meet trained manpower…
The Powerloom machinery owner of Man-Made Fibre(MMF) based industry in Surat are worried about contineous increasing yarn prices since a month. Various deniers of synthetic yarn have reached at new height in every sale. The prices of texurised yarn, FDY has incresed upto Rs. 8-10/kg. during last the month. In December's first sale, yarn manufacturers, spinners has further tighten the prices. They again have raised the prices of POY, PTY and FDY by Rs. 1/kg. Though the prices are increasing, the momentom of market is weak. Because of weak demand and GST regime the weaving sector has observed three weeks long vacation this year. After Diwali vacation, weaving units are yet not running at full fledged mode. Now, Powerloom weavers are worried about hike in yarn prices and are in wait and watch mode for new orders. Many workers have left the city and have not returned. In some industrial area, the powerloom units are running in one shift only. The daily MMF fabric production in the city has come down to 2 crore meter, decreased by almost 50%. Yarn manufacturers are arguing that because of incresing crude oil prices, the raw material PTA, MEG and chips prices also have…
GST concern : Unhappy Traders will not illuminate the market this year The texile traders will not illuminate the market during Diwali festival to mark their protest against GST. The market's buildings will not be decorated with colourful lightings during the Diwali this year first time. The market said that the central government is not accepting the demands of the textile traders on the GST. The government is not supportive and traders have decided not to celebrate Diwali festival. The GST council again has neglected their demands. Except for the relief in e-way bill and abolition of reserve charge mechanism (RCM) till March 2018, the GST Council meeting has not accepted most of the demands put forth by the traders. Traders stated that they will not be able to take the benefit of the composition scheme as the turnover for the scheme has been raised from Rs 75 lakh to Rs 1 crore per annum. Most of the traders, even the small one, will not be benefited by the scheme. The GST Council has given relief to taxpayers by filing quarterly returns, provided his turnover is less than Rs 1.5 crore per annum. In the textile sector, Rs 1.5 crore…
Situation of Market is Slake due to GST. In textile only 10-15% work is process rest of all is not on the board. In market grey fabric is ample in stock, no buyers are available. Dyeing & Printing projects is very few. Ahmadabad process house shut 2-3 days in a week due to no demands. While in Maharashtra processing house has little improvement in dyeing program and at the same time Ichalkaranji market is worst. Earlier weaving labors use to get 20 paisa per peak and now their wages lower down to 13 paisa per peak. South is known for its spinning but now Maharashtra & Gujarat (Saurashtra) also started spinning Mills in state. Spinning & Weaving looms are emerging in Gujarat; So Gujarat is in peek of its development. Now Yarn is also available in Gujarat, so manufacturer doesn’t depend on south for yarn. In south labor is cheap comparatively Gujarat, but then to delivery is on time and quick. Processing in Ahmadabad & Surat is running successfully. Surat mainly known for its art silk, polyester, georgette etc., but now they are into 1005 cotton printing. Hosiery mainly manufacture in Ludhiana & Tirupur, now Surat put its feet in…
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