Abstract
Textile is the second largest employment provider in India. To support this sector, textile machinery industry forms the backbone of the textile
sector. Current paper discusses various problems of Indian textile machinery
industries. Along with the problems an attempt has been made to give solution
to some of these problems. Currently Indian textile machinery industry facing
some of the major problems which hampers the growth of the industry. Some of
these are demand of second hand machinery, technology transfer, lack of
R&D, quota system, recession, TUFS scheme etc. An address to such issues
can bring bright days to this weakening industry
Introduction
The Textile Engineering Industry (TEI) is, undoubtedly, one
of the largest component of the Indian capital goods industry and has
contributed significantly to the growth of the Indian textile industry. The TEI
directly employs about 50,000 workers and has capital investment in the range
of US $ 423.93 Mn. with an installed capacity of US $ 920.54 Mn. It covers over
700 machineries and equipments manufacturing units; over 250 units produce
complete machinery and the remaining 450 units produce spare parts, components
and accessories of the machinery.
The technological competitiveness of the Indian textile
engineering industry presents a full spectrum of technological capabilities.
While, there are few units manufacturing spinning and allied machinery close to
the international players in terms of product design capability, process design
capabilities and process technology, technological capabilities of most of the
players manufacturing other than spinning and allied machinery is severely
limited.
The fortunes of this industry are inextricably linked with
that of textile industry. High degree of co-relation between the performances
of the two sectors is further accentuated by high elasticity of textile
engineering industry to changes in the textile industry. The capital goods
value added contributes about 10.5 percent of the total textile manufacturing
value added, thus establishing textile industry as a key end user deriving the
performance of the latter.
The textile industry has been doing extremely well during
the last few years in terms of production & export and has been investing
heavily in expansion and modernization of capacity. The strong demand from
domestic and export market coupled with conducive policy environment provided
by the Govt. has catalyses the growth of the textile industry. The Technology
Upgradation Fund Scheme (TUFS) launched by the Govt. has facilitated investment
in state of the art / near state of the art benchmarked textile machinery
eligible under TUFS. During the last eight years of the operation of TUFS,
about US $ 28.86 Bn. worth of projects have been covered under TUFS involving
installation of roughly US $ 17.32 Bn. of modern machinery during the period.
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About the Authors
Surajkumar. S. Menon & Sudhir M. Dudhankar Are Students of DKTE, ICHALKARANJI
This
paper was presented at Veermata Jijabai
Technological Institute (VJTI), Mumbai in the VASTRA 2010 a two day event
held on Feb 19th & 20th, 2010
