Very few machinery manufacturers have R&D units
What is the size of used textile machinery industry and what do Indians prefer? Where do you foresee the demand and your plan to penetrate into? What roadblocks do Indian manufacturers face globally?
Regarding the size of the Indian used textile machinery, I would say that more than 50 per cent weaving, knitting and dyeing machinery installed are European machineries which help reduce capital investment, and assure quality and longevity.
Usually, newcomers in the textile industry prefer new textile machinery, but those who are already running textile units prefer used European machinery because they have experienced technical staff to handle such used machinery and save capital investment and maintain the same final quality level.
There will be demand of used machineries in all areas, but mainly the rising demand will come from Surat, Ichhalkaranji, Bhiwandi, Ahmedabad, Ludhiana, Panipat, Tamil Nadu and Bhilwara. Thus we plan to open offices or tie up locally in Panipat, Ludhiana, Bhilwara and Ichhalkaranji.
We source worldwide, but mainly from Europe, Turkey, Japan, South Korea, China and South East Asia. We have achieved 40-45 per cent growth in the last two years in the rapier, waterjet weaving and knitting Industry. There will be same growth rate of these machines in the future along with circular knitting and dyeing machinery with the latest technology. But we have targeted to grow by 50-60 per cent in the next two years.
Generally, there is no such after-sales service for one year or two years, but we provide them technically sound individuals for installations, and also commissioning of the used textile machinery in their factories. Then, the same individual can take over the service responsibility on a chargeable basis. Till now there has not been any cost to the environment for used weaving and knitting machineries, but there is so in dyeing machineries, which is the same as in the case of new dyeing machinery. There is no any additional cost due to used ones.
As far as textile manufacturing is concerned, Europe and the US may not be involved in buying used textile machinery, but may sell their textile machinery; while emerging countries like India, Bangladesh, Indonesia and Vietnam will prefer used textile machinery and the rate shall be 40-45 per cent.
There are a few challenges that hamper India's potential to become a leading manufacturer of textile machinery. First, very few leading manufacturers of textile machinery in India are equipped with R&D sections which help improve working and quality of the machinery. Second, the relevant laws.
Published on: 14/09/2016
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.