InspirOn Engineering is focused on serving the industry with innovative technology by understanding the user perspective, requirement and business aspects. Sustainability has emerged as one of the major driving forces for development, and covers the following four aspects: environmental, economic, social and culture. Very often the environmental aspect is primarily considered for sustainability but the other aspects are as important. Continual interaction with the industry enables to provide a better customised and cost-effective solution.
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Prakash Bhagwati?the man behind InspirOn Engineering?had a vision to bring a small company into global arena. He founded InspirOn Engineering in 1973 through a technical collaboration with German company C. Eugen Maier Metallverarbeitung GmbH for manufacturing of critical subassembly called Flyer (Fluegel) used in textile spinning machines.
Severe competition on global level and lack of initiatives and direction on the domestic front have made a dent in India´s textile exports with a dip in figures for FY 2014-15, diminishing the scope of achieving the cherished goals. S Joseph & M Karthik take an overall look at the scene.
Since the government has included textile and textile equipment manufacturers under the ´Make In India´ programme, there were high expectations for help from the budget for achieving its high potential for increasing industrial production, generating additional employment and improving export earnings. Budget brings no cheer to either of the industry.