ITAMMA organises a seminar for the Development of Textile Capital Goods Sector

The topic of the seminar was ‘How to overcome the present situation of Indian textile manufacturing & engineering industry.

The Indian Textile Accessories And Machinery Manufacture Association (ITAMMA) organised and event-series for the development of textile capital goods sector with the support of Ministry of Heavy Industry at Coimbatore. The topic of the seminar was ‘How to overcome the present situation of Indian textile manufacturing & engineering industry.’
S Senthilkumar, President (2014/15) ITAMMA informed in his Welcome address that the demand for Artificial Textile Machinery is increasing with a total trade of $ 887 million and at the same time Indian Government is also promoting manmade fibres and thus it is an alarm as well as opportunity to Indian Textile Machinery Manufacturers for the development of machines especially for the processing of these fibres. It needs to appreciate that the Textile Machine and Accessories Manufacturing Community has realised the importance of this trend and many had already reacted accordingly.

Prabu Damodharan, Convener at Indian Texpreneurs Federation ITF), Coimbatore presented in great detail factual data about the performance of the Indian and global textile industry over the past few years with specific focus on how the industry is cyclical and post a great year in 2021 and the drop in 2022, how the signs are clearly visible as to a normalisation of the numbers. He also spoke about what textile companies should do in the current situation and make use of the opportunities available currently to grow their businesses.
Sanjay Bharadwaj, Sr VP HR, Capital Goods & Strategic Skill Council (CGSSC), New Delhi, outlined all the schemes that CGSSC is working with the industry to skill, reskill and upskill the workforce. He spoke about how the industry should work and form clusters to be able to work with Government agencies to improve productivity of their businesses and how CGSSC can help them in this regard.

Neetii M, Director, Mercury Web, spoke about the importance of digital marketing and social media as a tool to grow the reach of businesses and why it is becoming increasingly import ant to embrace technology.

She also gave information on the quantum of benefits registered by some members after following their presence on Linkedin under her guidance. It was noted worthy to mention about the members extending their reach.

KG Vishwanath, Managing Director and Global Sales Head, Sambuq “SMART DATA CLINIC – a proposed value-added platform on ITAMMA’s Business Enabler Website “

This session discussed the latest marketing strategies and digital tools that can benefit the capital goods sector. It highlighted how the ITAMMA Business Enabler Platform powered by SAMBUQ offers valuable assets to members and shared future plans for enhancing its role in knowledge and business development for the Textile Engineering and Manufacturing Industries.

N D Mhatre, Director General (Tech), ITAMMA in his presentation gave details of MHI Schemes for the benefit and development of Textile Capital Goods sector. He specifically emphasised on Re-skilling and Up-skilling programmes which can be organised at Coimbatore with the help of C GSSC and other experts under MHI Scheme of Common Engineering Facility Centre” for Textile Machinery which can be further supported by Government scheme -PMKVY-4.0. Mhatre highlighted the importance of informed industry stakeholders who can collaborate with the Ministry of Heavy Industry to implement policies and schemes that support sector growth.

Key takeaways
CGSSC is keen to work with ITAMMA to provide an API which will enable ITAMMA to bring relevant information about the various schemes of CGSSC. Seminar underscored the industry’s dedication to innovation, efficiency and the sustained pursuit of technological excellence through government initiatives. It illuminated the translation of academic research into technological advancements, emphasised the pivotal role of education in shaping a skilled workforce, and highlighted collaborative initiatives that bolster the connections between academia and industry. The event reinforced ITAMMA’s commitment to empowering its members and nurturing industrial growth.