We export to China who see us a threat

Peass Industrial Engineers, which has a rich history of 50+ years, is a leading manufacturer, supplier and exporter of textile machinery spares in India. The company started operations in 1962 as machinery manufacturing company with products mainly addressing needs of textile yarn industry. Eventually, it went into collaborations with various world leaders and grew from producing basic winding machines to wide range of machines processing yarns.

Mangesh Chaudhari, VP – Sales & Marketing, Peass Industrial Engineers Pvt Ltd, takes us through the journey of the company over the years and the turning point when it actually took off for the company.

Excerpts…

The history of Peass goes back to over 50 years. Take us through the journey over the years. What was the turning point when it took off?
Yes, Peass has a rich history of 50+ years and is a pioneer in Indian winding machinery manufacturing industry. It started operations in 1962 as machinery manufacturing company with products mainly addressing needs of textile yarn industry. Eventually, it went into collaborations with various world leaders and grew from producing basic winding machines to wide range of machines processing yarns.

The collaboration with Mettler, within few years of starting operations, was a turning point in the sense it provided world class technology  machines to customers when there was dearth of suppliers. Also the more recent JV with Saurer, for more than a decade, helped Peass bring latest technology to customers doorsteps. This has ensured that Peass has always remained in forefront as far as technology is concerned.

Peass is one of the leading providers of winding machinery. What are the advantages and benefits of your company’s winding machinery over that of other competitors?
Our quest always has to been to provide products which are:
• World-class state-of-the-art technology at sustainable prices
• Beneficial in improving end user’s profitability
• Most efficient productivity with high power conservation
• Best PPP (Price, Performance, Parity)

What are Peass’ other product offerings for the Indian and global markets?
Apart from our most widely-known precision winding machines, we also have a good global clientele for gas singeing machine and yarn mercerizing machine.

Kindly give us more information on the spindle calculator, its benefits and advantages?
Spindle calculator is a small step towards providing handy tool to technical team for calculating the number of spindles required for certain production requirements.
The winding production depends on many factors like end use of package whether soft for dyeing, assembly wound for twisting, etc. This varies with counts and material of yarn. Using our experience and worldwide exposure to industry practices and practical efficiencies we are in process of working out a ready calculator wherein you enter the basic requirements and the calculator will work out the required spindles within no time.
If in export, which are Peass major markets? What is the scope in these markets in the near future?
Over the years, exports has been  contributing nearly 40-50 per cent of our annual turnover. Major markets being China, I believe we are the only manufacturers exporting machines to China, Vietnam, Bangladesh, Indonesia, etc.
We believe textile industry would grow at an incremental rate in Indian sub continent and Southeast Asia for the next decade. Scope for exports would improve for manufacturers with quality products at sustainable prices.

If there are any expansion or entry into new areas give us some details.
Considering the fast changing labour scenario in Indian market and other developing countries, we have successfully introduced auto doffing on our machines. This drastically reduces the labour component and improves the productivity dramatically. Automation at sustainable prices is the key for wafer thin margin industry.
We have lately entered into technical textile yarns like very coarse counts/deniers multi-fold yarns for applications like canvass, carpets, rugs, etc.

Are cheaper Chinese machinery posing a threat to any of Peass products? How does it tackle this menace?
Until now we have not faced any such threat in our sector. Actually, we regularly export our high-end machines to China and maybe they consider us a threat because of better technology!

What do you think are the problems Indian textile machinery industry is facing today and how to overcome these? What are your suggestions to upgrade technology base of the industry?
Indian textile industry is slowly but surely coming out of the affects of demonetisation and GST. Demonetisation threw the industry completely in turmoil as the decentralised sector mainly operated on cash transactions. GST, after initial resistance is being accepted and has successfully brought most of the units in financial main stream. Although this affected the businesses for short term I believe that the long term benefits would be much more.
Textiles is becoming more of a volume game business, but the volumes have to be generated in most efficient ways to be able to compete globally. Hence automation on machines, material handling, packing is a must.
I believe units with philosophy of “one stop shop for all garments” or “supermarket of yarns”, etc. would be more successful. Basically make big manufacturing malls of specific products like yarns, fabrics, garments, made ups etc. where a buyer can source all his requirements in one  place.

Infrastructure like roads with better connectivity, ports with low turnover time, good logistics etc need to be provided by the government to improve overall output efficiencies.