Powerloom sector survey to help frame better polices

“The objective behind the survey is to collect authentic data on number of powerlooms in India, the various kinds of fabrics produced by them and other information”, Deputy Director in the Textile Commissioners Office – Mr Hriday Narayan, exclusively told fibre2fashion.

“We have designed a nine-page format. Other information like their markets, whether domestic or exports, etc will be collected and aggregated by AC Neilson ORG MARG, with assistance from Powerloom Service Centre’s across India and various powerloom associations.

“Currently we have no authentic data to frame proper policies for the development of the powerloom sector. As per figures available currently, in order to modernize the 2.3 million powerlooms in the country, we will need around Rs 50 billion, which is a very high figure.

“However, if the figure of number of powerlooms turns out to be less, say between 1.5-1.8 million, we will need a lesser amount for modernizing these looms. As per our estimates there are around 100,000 shuttles-less looms in the country. Assuming the figure is double; policies will be framed keeping the new figure in mind”.

It is a known fact that the spinning sector is a major beneficiary of the incentives given under the hugely successful Technology Upgradation Fund Scheme (TUFS), while those claimed by the powerloom industry is negligible.

“In the past, we have not been able to collect authentic data related to the decentralized powerloom sector availing of TUFS as they have various options to avail incentives. The actual amount may be higher than the figures that are in the public domain”, he replied by saying.  

Fibre2fashion News Desk - India