Interview with S Senthilkumar & ND Mhatre

Face2Face
S Senthilkumar & ND Mhatre
S Senthilkumar & ND Mhatre
President & Director General (Technical) respectively
ITAMMA
ITAMMA

We want to make India a hub for textile machinery

A representative body of the textile engineering industry, the Indian Textile Accessories & Machinery Manufacturer's Association (ITAMMA) is the oldest association of the textile industry in India. Established in 1943, it has a strength of almost 1,500 members from the textile engineering industry and the textile machinery and mill stores merchants associations. ITAMMA President S Senthilkumar (Managing Director- Simta Machinery Pvt Ltd) and Director General (Technical) ND Mhatre talk about the role of ITAMMA in furthering the cause of the textiles industry.

What is India’s share in the global market for textile related machinery?

The size of the global market for textile-related machinery is stable at $30 billion per annum. The global textile machinery market is expected to grow at a CAGR of 14.02 per cent till 2018 where Italy, Germany, Switzerland, France and China are the major manufacturers of textile machinery. At present, of the domestic demand of ₹11,898 crore, only 40 per cent i.e. ₹5,650 crore (₹4,925 crore by machines and ₹725 crore by spares) is met by the Indian textile engineering industry; where short staple spinning is 17 per cent ($5200 million) followed by 14 per cent each of synthetic and industrial stitching ($4000 million), and weaving & finishing at 11 per cent each ($3200 million). India is next to China (115 to 120 million spindles) with respect to installation of spindles to an extent of 45-48 million spindles out of 280 million spindles installed all over the world. Thus, India can claim that the spinning machines manufactured by India are fulfilling world class standards, besides meeting the demands of the domestic textiles industry, apart from yielding good export volumes. Considering the global scenario in the shift to man-made fibres (with cotton’s share of total fibre production expected to fall below 21 per cent by 2030 – the total fibre demand is forecast to grow at a CAGR of 3 per cent per annum reaching 137 million tonnes in 2030); the scope for manufacturing of sturdy or machines with high class quality of metallurgy will be there. Thus, countries like India that develop machines on the principle of sustainability will record a good share. Those countries that manufacture machines on the principle of “use & throw” will have to change their concept, especially for working with man-made fibres which cause fast wear and tear of machines.
Published on: 25/11/2015

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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