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Modernization of textile industry on cards
12
Dec '08
Recently a trade delegation from Azerbaijan had visited Turkey to understand the light industry in that country in order to support the privatization program in Azerbaijan. The tour was organised by ASPI Consulting Engineers and consisted of representatives from a few well known companies.

The representatives compromising from the textile industry in Azerbaijan visited textile processing companies in Turkey to familiarize themselves with the latest techniques in manufacturing which included yarn, apparel and carpet manufacturing units. They also attended workshops related to the industry and held discussions for joint venture cooperation with the Turkish textile industry.

Earlier ASPI had organised seminars and training sessions for the spinning and sewing thread manufacturers of the country which was attended by nearly 40 representatives from 24 companies in which it was decided to visit Turkey to get a better understanding. The report on the visit was presented to the government by ASI which called it a successful sojourn.

In the report, ASPI Engineers has mentioned that it had selected six of the most potential and stable spinning mills out of the thirty six that had applied for funds to modernize themselves. ASPI is process of preparing the feasibility study and the pilot project report to modernize these companies and bring their operations at par with the best managed companies.

An analysis done earlier by the ministry had envisaged an investment of AZN 200 million to modernize and introduce new systems and processes in the country's textile and garment industry. The report added that the companies needed to participate in international exhibitions to make themselves aware of the technological innovations taking place in the sector.

The report points out obsolete machinery and bad management practices to be the main culprits in the detiotarating situation of the sector. They have further added that electricity expenses account for 30-40 percent of operating expense which is considered very high as per norms. Obsolete machinery also accounts for an increase in cost of the domestic companies, they have added by saying.

Fibre2fashion News Desk - India


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