Managing Director Reckon Industries
'We will soon come up with continuous washing range for polyester and cotton'
Reckon Industries manufactures textile process house machines like steaming machines/curing machines, continuous washing range, loop ager for digital printing and all types of dyeing machines. In a conversation with us, Abhishek Pachauri talks about the textile machinery manufacturing industry, as well as the company's innovations and technologies.
What is the size of the textile machinery manufacturing industry? What is the percentage share of processing machines in it?
The textile machinery manufacturing industry comprises around 40 per cent share in the market, which includes yarn preparatory machines, weaving machines, processing machines, finishing machines and value adding machines. Processing machinery would make up to 12-15 per cent of the market share in the textile machinery manufacturing industry.
What is the growth rate of this industry? What factors are influencing the growth?
The textile machinery manufacturing industry's growth rate in terms of value is 10- 15 per cent year-on-year. Factors influencing the growth are based on expansions in the processing industry, along with diversification in the field-from polyester to cotton or technical textiles, or vice versa.
Which ranges of processing machines are in high demand in the domestic and international markets?
Due to constraints of natural resources, machines that use less water and reuse / recycle water are in high demand. Digital printing, small loop ager/curing machines, continuous washing range, continuous drying range, mercerising range and finishing machines are in high demand as well.
Regions of interest in India are: Tiruppur, Erode, Bangalore and Thiruvananthapuram in the south; Kolkata and Odisha in the east; Mumbai, Gujarat, Aurangabad, Nagpur and Nashik in the west; Delhi, Faridabad and Kashikala in the north. Talking about the international market, Bangladesh, Thailand, Indonesia, Iran and UAE have a high demand for conventional processing machines, while digital processing machines have a high demand in Australia, the US, countries in Africa and Saudi Arabia, which are our upcoming potential markets.
How sustainable are machines made at Reckon Industries?
Reckon Industries' machines are very sustainable because of the robust manufacturing process involved using the highest grade specifications.
What kind of after-sales services do you offer to your clients?
For a period of one year after setting up the machine, if there is any complaint, we guarantee a visit by our service engineer within 24 hours in India and 48 hours worldwide.
Please tell us about the latest innovations and technologies being deployed at Reckon industries.
Reckon Industries is growing steadily with latest innovations in technology. Reckon manufactures loop ager and dyeing machines; and we will soon come up with continuous washing range for polyester and cotton. The designs and drawings are ready. We do have a very high grade of designing software and designing team and also upgrade machines for complete automation with the use of PLC.
What kind of governmental support can boost this industry?
The government needs to implement more schemes like the Textile Upgradation Fund Scheme (TUFS).
Please share details of your last two fiscals, and your expectations for the next two.
Reckon Industries started manufacturing in September 2015 and in this short span, Reckon has supplied six loop ager machines. We, at Reckon, plan to expand steadily in the product range with dyeing machines and continuous washing ranges.
What are the issues and challenges plaguing this industry?
Inadequate technical and skilled manpower, competition that keeps only commercial aspect in mind, and not allowing to pay for R&D are factors that are affecting growth.
What markets do you plan to penetrate into in the near future?
We are planning to export our machines to Western countries. We are also looking at exporting alternative technologies in printing and dyeing in regions that are using conventional printing.
Published on: 13/12/2016
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