Mr. Yogesh Agrawal
Chairman and Managing Director Shri Ambica Polymer Pvt. Ltd.
Policy makers must get manufacturers & users to discuss roadblocks to improve techtextile in India
Mr. Yogesh Agrawal started Shri Ambica Polymer Pvt. Ltd. in the year 2005. He is currently heading the company as the Chairman and Managing director. He has a rich experience of 26 long years in the plastics industry. His company punch line says “Forever Evolving”. It fits very well with the personality of Mr. Agrawal, if we take a close look at this business career. Out of his journey of 26 years, he has spent 10 years into products like cement bags, sheets etc. Having learnt the basic principles of plastic processing, he shifted his business entirely into technical textiles and since then, he has been in this industry for the last 16 years. Starting with Agrotextiles, the company is now into manufacturing of both Agrotextiles as well as Geotextiles. Hence, he has in the true sense been evolving as per new market demands for products and technologies.
How do you foresee the outlook of Agrotextiles and Geotextiles Industry in India in 2012 - 2013?
There is tremendous scope as far as the usage for both the products is concerned. For agrotextile market size is expected to cross Rs 743 crore by 2012. The projected growth in demand of geosynthetic as a whole is 12.3% a year to 100 million SQM by 2013, up from just 56 million SQM in 2008. Our of this approx. 37 million SQM of geotextiles were rolled out in 2008 and 65 million SQM are predicted for 2013 (and 113 million square metre in 2018).
What markets are you currently exploring? Can you highlight some of the major applications and projects you are currently engaged with?
We are currently working towards the use of woven agrotextiles and geotextiles in India. For the agrotextiles, we are working with different farmers for trials in the western as well as northern parts of India. As far as geotextiles are concerned, our focus is mainly on roads, airports and railways.
What according to you are the missing links for India in this field? Any recommendations to policy makers for enhancing investment in this sector?
The biggest missing link in my opinion is the lack of awareness to the end users for the benefits and application method of different technical textiles. In some places, I have seen that people are well acquainted with the product but are still not ready to use the same. The reason for the same is unknown.
In my suggestion, the policy makers need to get both, the manufacturers and the users, on the same forum to discuss the roadblocks faced by both the sides involved. This will probably help the policy makers take a faster decision to bridge the link between the supplier and the user. This initiative will see more investments coming in a very short span of time. This I say because for a vast population like India, the numbers of manufacturers are few and scope of use is endless.
Mergers and Acquisitions seem to be the current trend worldwide. What is your view on technology transfer from developed economies to developing economies?
Everybody we see around is talking of how India has been progressing and how we are getting recognized for consistent quality supplies. We can pull up this image of our country by getting latest technologies from multi national companies and working jointly with them to develop it in our country. This will not only benefit them in reducing their production costs by transferring production to our country but will be a win-win situation for both as we too will get better technologies which have already been proven for the past many years.
Published on: 31/03/2012
DISCLAIMER: All views and opinions expressed in this column are solely of the interviewee, and they do not reflect in any way the opinion of Fibre2Fashion.com.
