India’s technical textile industry, still in its nascent stage, is witnessing growing domestic as well as global demand. Can increasing disposable incomes, growing investment, and the government’s power boost turn this into a $5 trillion economy in the next few years?
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Our strategy should be focused on conquering the larger pie of the textiles and apparel segment in the international market, writes Avinash Mayekar of Suvin Advisors.
The effect of changes in cost parameters viz, raw material cost (RMC), yarn selling price (YSP), power cost, packing materials etc., and operational parameters like production rate, spindle utilisation, yarn realisation, saleable wastes etc., on profit is estimated and expressed in cost so that the importance will be more significant, says S Mariappan.
SPinFO acquires data from individual spindles in ringframe; individual machines precisely and provides a detailed overview of the machine performance to the users.
Make in India has been a major programme of our Prime Minister and rightfully so as we have truly lagged behind in the manufacturing sector. There have been many conferences, programme and discussions on the same ´ the press is always full of mention of Make in India. We ourselves are a manufacturer who sell domestically and also export across the globe.
For the best working of a spinning mill, we have to keep everything ideal, based on industry norms, benchmarking with the best technical study by an independent research institute and our own achieved figures, feels SB Agarwal.
Arvind Limited, one of the largest integrated textile and apparel majors in the country, has again bagged first prize in the National Energy Conservation Award 2015 in the textile sector, given by the Ministry of Power, the Government of India.