Suresh P Bagrecha
Managing Director Komal Texfab Pvt Ltd
India missed out on a golden opportunity post the phasing out of Quotas in early 2000. Once again some more doorways have opened for India what with rising cost of labour in China specifically and other issues elsewhere. What are the top 3-5 points that India and the industry collectively need to take so that we don't miss out on the opportunity again?
Achieving scale across the value chain; attracting investment into the sector; improving skill, quality and productivity; and reforming labour laws can ensure that we make use of this opportunity.
How do you think the GST will impact once it is implemented?
The textiles industry has been enjoying various tax exemptions, benefits and concessions under indirect taxes. There may be a few drawbacks for the industry due to the higher tax rate and removal of benefits under the cotton value chain, but it is safe to say that GST will help this industry in the long run by getting more registered taxpayers under a well-regulated system. It can also be hoped that GST will help the industry to become more competitive in both the global and domestic markets and create opportunities for a sustainable, long-term growth.
What is the annual budget allocated towards R&D at Komal Texfab? What are the recent innovations?
At Komal, product quality is of paramount importance. It is also one of the reasons why our products have gained acceptance across 70 countries and some of the world's most demanding customers. Testing for adherence to quality parameters is, therefore, an integral part of the manufacturing process at Komal. To ensure that our products conform to the highest quality specifications, we have allocated ?10 crore for R&D and technology upgradation. The recent innovations at Komal Texfab have been the activewear polyester filament print fabric, thermalwear fabrics with prints, eco-friendly glitter prints and babywear prints with Oeko-Tex class 1.
Which are your major markets for fabrics and apparel?
We have made fabrics for all leading brands in the US, UK, Germany and others in Europe. All retail chain stores in India, the US, UAE for garments; and India, Sri Lanka, and Bangladesh for knitted fabric.
What are the kinds of machines and technologies is Komal Texfab investing in?
We are investing in digital printing, reactive printing technology, continuous washer ranges, soft flow dyeing machine , oil heated multitasking stenters with automatic controllers skew /bowing / team and dwell time, high speed weft circular knitting machine, low tension open width inspection machines with anti curling, and automated stretch film packing.
Please tell us about the near future plans at Komal Texfab for your garmenting, fabric printing & processing, and electro-tech divisions?
New fully operative centralised accredited third party lab for physical, chemical testing of:
Shrinkage for M&S , NEXT, ISO Standards; Spirality for M&S, NEXT, ISO Standards; Assessment of appearance after Laundering ISO Standards; Fabric Stretch and Recovery ASTM and ISO Standards; Fabric Strength ASTM and ISO Standards; Bursting: M&S, NEXT, ASTM, ISO Standards; Abrasion and Pilling Tester M&S, NEXT, ASTM, ISO Standards; Random Pilling Tester ISO, ASTM, DIN; Dyna Wash : Garments and Print Fabric Durable Tester M&S, NEXT, BHT; Gyrowash: Washing and Dry-cleaning colour Fastness Tester M&S, AATCC, ISO Standards; Crock Meters: Colour Fastness to rubbing testers: AATCC ISO, BS, M&S, NEXT; Colour Fastness and Phenolic Yellowing: ISO, AATCC , M&S, TESCO; Sample GSM Cutter; and Accudry Tumble Dry ISO, M&S .
We also plan to increase our production capacity by adding new machines, knitting by 100 per cent, and dyeing, printing and finishing and washing ranges by 30 per cent.
Fibre2Fashion has a diverse global readership, and delivers unique, authoritative and relevant content. Drawing on the expertise and credibility that we have built over the years and contextualising them with our in-depth research studies, we produce authentic news, articles, reports, interviews and interactive explainers through the F2F Magazine and compendiums, among others, which help readers stay abreast with the industry trends.