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Investments in R&D reap rich rewards

23
Mar '10
The economic meltdown in 2008, followed by the global slowdown was a sort of wake-up call for a few companies to think of out-of-the-box ideas. Now these very textile companies are reaping the fruits of investing in research and development activities and also by reducing wastage as a means to cut costs.

Since the last few years, there has been a noticeable growth in consumption of functional and industrial textiles, which was considered as a stepping stone, by a few Turkish companies to achieve the next level of growth and reduce dependence on traditional textiles, to avoid the pitfalls of another economic slowdown.

A few of the Turkish textile and clothing sector has invested heavily in research and development activities in the last few years. They are investing in R&D in projects which can be environmentally beneficial as well as in industrial and functional textiles and is pay-back time for the products which they have introduced.

Bursa-based Yesim Tekstil, a major textile and clothing export firm has a R&D team focusing on technical textile and nanotechnology, with an aim to roll-out new innovations every year. Yesim is focusing particularly on organic clothes and those made from recycled yarn and has allocated round US $2 million for R&D this year.

Another Bursa based enterprise; Burkay Textile has innovated new home-textile products which includes curtains, which are resistant to fire, offer electromagnetic protection and also curtains with anti-bacterial properties. It allocates 3 percent of its annual turnover for R&D activities and employs nine people at its R&D unit.

Orka Group, a textile and clothing group is creating garments that prevent cigarette smoke odour through micro-capsule technology. It also has to its credit, producing garments which repel flies and spread the smell of perfume. It also spends 8 percent of its budget on R&D activities.

A technical textiles company; Fresh & Dry, which first introduced hand wipes in Turkey, employs around four people to undertake R&D activities. It has recently introduced in the Turkish market, a version of the hand wipe that can placed under arm-pits and which prevents spread of sweat odour.

Fibre2fashion News Desk - India


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