Sector Pulse
Cyril Pereira
Cyril Pereira
Managing Director
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack of investment in R&D'


 

What is the size of the Indian textile machinery industry? What technologies must Indian textile industries invest in? What challenges does Indian textile industry face in terms of machines?

The textiles sector is one of the largest contributors to India's exports with approximately 11 per cent of total exports. The Indian textile industry contributes approximately 5 per cent to India's gross domestic product (GDP), and 14 per cent to overall index of industrial production (IIP). The Indian textiles industry, currently estimated at around $108 billion, is expected to reach $223 billion by 2021.

As per a research by ITME, global shipments of large circular knitting machines has increased by 27 per cent from 28,900 in 2011 to 36,640 in 2012, was a new record. The total investment of India is 1,600 (4.4 per cent) in this sector.

Installed Capacities in Indian textile sector

Description

Capacities

Spindles

44.73 million.

Rotors

7.95 lakh

Looms

52,000 No.

Power Loom

23.67 lakh

Man-made Fibres

1781.6 million. Kgs.

Man-Made Filament

2248.03 million. Kgs.

Source: Office of Textile Commissioner

Around 87 per cent of the total production, i.e., textile machinery is coming from the six clusters namely Ahmedabad, Bangalore, Coimbatore, Ludhiana, Mumbai and Surat. The growth rate of per capita spend on garment is highest for India and China, which is 11 per cent. 

The Indian textiles industry accounts for about 24 per cent of the world's spindle capacity and 8 per cent of global rotor capacity. It has the highest loom capacity (including hand looms) with 61 per cent of the world's market share. The potential size of the Indian textiles and apparel industry is expected to reach $223 billion by 2021. But the major problem in the textile machinery manufacturing industry is the lack of investment in research and development. The Indian textile industry must invest in research and development as well, to become global leaders.

The Indian textile engineering sector seems to offer the modern technically advanced machinery for spinning, weaving and processing sector as well as simple machinery required in ginning and pressing industry of the sector. Still the performance of the Indian textile machinery industry is far from satisfactory. Competition from high-tech European and South-East Asian countries is a real challenge to the very existence of the Indian textile machinery industry.


Published on: 22/07/2016

DISCLAIMER: All views and opinions expressed in this column are solely of the interviewee, and they do not reflect in any way the opinion of Fibre2Fashion.com.

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