Conclusions:

Indian Textile Engineering Industry (ITEI) needs to intensify the R&D efforts to develop low cost technology.

• There will be ample opportunities for the Indian Textile Engineering Industry to tap the potential and this will surge for rapid growth. Certainly, it needs to build up capacity & competitiveness to sustain in the competitive market.
• Technology Resurgency is the only vision to bring back on rail. R&D activity needs to be strengthened to develop new Technology and Design to produce Energy Efficient & Eco-friendly machine to cater the needs of users.
• It is also expected that Technology will be chosen judiciously for transfer, understanding the suitability of the industries needs.
• Commitments of machine manufacturers & confidence of users both need to match on one line. Users must not get motivated to import age old second hand/ reconditioned machinery to get a temporary relief.
• Govt. may frame policy not to encourage such issues, instead plan to encourage the industrialists to Transfer Technology through joint venture on Technology agreement in a systematic way. This will pave the way of Technology Resurgency to build capacity & competitiveness of Indian Textile Engineering Industry in the coming years. This will benefit the domestic industries as well as the country in future.

References:

1. FICCI Study Report -2006
2. CITI Report
3. CII Report
4. Hindu Publication 07
5. Eleventh Five Year Plan Report, Ministry of Textiles, Govt. of India.
6. Annual Report of Ministry of Textiles 06-07, Govt. of India.
7. Issues of New Cloth Market Feb.-July 07

About the Author:

The author is Director (Hosy.), Government of India, Ministry of Small Scale Industries Office of the Development Commissioner (SSI), New Delhi.

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