|
REGULAR FEATURES
COVERSTORY
- Textile Engineering Industry - Poised for Quantum Leap
- R. S. Bachkaniwala , President - Textile Machinery Manufacturers Association, Mumbai
This article penned by Shri R.S. Bachkaniwala, president-Textile Machinery Manufacturers Association, Mumbai. He gives a very informative and a descriptive view on the Textile Engineering Industry -poised for Quantum Leap. The article shows year-wise production of Textile Machinery during 2000-01 to 2005-06, Export & Import of Textile Machinery, Parts & Accessories and Capacity Utilization of Textile Engineering Industry. He also gives his view about the woes of the Industry. He observes that the future is bright, the road ahead is ready and TEI is preparing to take the challenge head-on.
Quality Update for Indian and Imported Cottons Dr. Arindam Basu and A. Poornima, The South India Textile Research Association, Coimbatore
This article is contributed by Dr. Arindam Basu jointly with A. Poornima. Authors try to explain the needs for quality update for Indian and imported cottons. They illustrate the piece of writing with the help of graph to give more idea to the readers of TEXTILE REVIEW.
Textile Collaborations and Acquisitions Nitin D Parekh , Executive Director - Ashima Limited
Shri Nitin Parekh's article gives us the detail about the textile Collaborations and Acquisitions.The Author covers the details of various types of joint venture arrangements between Indian textile companies and foreign parties. He elaborates the acquisitions of foreign companies by Indian textile companies and vice versa. He also explains about some significant rationale and lead to far reaching implications. He says that "with fast changing fashion world, demanding and unpredictable customers, need of competitive costs and pricing and economies of scale, the world would witness many more cases of such acquisitions and joint ventures". "The days are not far off for Asian countries to become the main clothiers to the world" he added.
FACE 2 FACE
“Committed performance & customer comfort attitude is our main principal”
Hansraj Gondalia
Chairman - Alidhra Textile Engineers Ltd.
 Shri Hansraj Gondalia, an Electrical Engineering by training, Gondalia started Alidhra Electronics Industries, for manufacturing electro medical equipments and textile controls. Later on he set up Alidhra Textile Engineers Ltd. to venture into textile machinery segment. The Alidhara Group, now has a diverse activity base covering the areas of textile engineering, textile manufacturer, agro farming and cement manufacturing. The group companies include Aalidhra Textile Engineers Ltd., Aalidhra Textool Engineers Pvt. Ltd., Aalidhra Texpro Engineers Pvt. Ltd. and Aalidhra Texspin Engineers with a turn over of over Rs. 5000 Million.
In an involved discussion FACE2FACE with TEXTILE REVIEW Shri Hansraj Gondalia, Chairman, Aalidhra Textile Engineers Ltd. shares his successful and eventful journey starting with a modest beginning to become a major player in the textile machinery sector.
TREXCLUSIVE
- “The journey through excellence is never ending”
- Prakash Bhagwati
Chairman - Inspiron Engineering Pvt. Ltd
Shri Prakash Bhagwati joined his family business Associated Textile Engineering (A.T.E) in the year 1973 and was instrumental in spearheading local efforts and adoption of technology to India. As a part of the mission to bring the best technology to India, the group has a number of joint efforts with foreign companies resulting to key technical collaborations and joint ventures to manufacturer some of the finest equipment and components in India. The A.T.E Group, consists of 8 companies, with diverse activity base ranging from plant and machinery for textile spinning, knitting, weaving, non-woven, processing and printing to industrial pumps, web-handling, graphic equipment and consumables, control panels for industrial automation and engineering components and a turnover of more than US $ 50 million.
In an exclusive interview with the TEXTILE REVIEW Shri Prakash Bhagwati, Chairman, Inspiron Engineering Private Limited says that "The journey through excellence is never ending. Complacency may creep in due to a 'satisfied feeling'. Though the direction may be appropriate we have a long journey to embark upon from being a 'great' company".
NEWPROJECTS
A Special Feature on upcoming a new projects in textile sector has been introduced. This section provides information about:
- Jeyavishnu Spintex - expanding its cotton hosiery yarn spinning mill at Vinashipalayam near Tirupur (Coimbatore).
- Shri Govindaraja Mills Ltd - setting up a 180,000 spindles spinning mill in Cuddapah district (Tamil Nadu) with an investment of Rs 2,750 million.
- Kandagiri Spinning Mills - implementing an expansion-cum-modernisation programme at its Udayapatty facility in Salem district (Tamil Nadu).
- Alok Industries - setting up a cotton spinning mills in Dadra & Nagar Haveli.
- Adwaith Textile - setting up a home textiles facility at Kanniyur near Coimbatore (Tamil Nadu).
- Page Industries Ltd - implementing a major expansion programme in Bangalore.
NEWSSNIPPETS
A regular feature covering news on the topics -Nitin Parekh, Executive Director, Ashima Limited-Hatrick of Appointments, RSWM Ltd participates in Tex Styles India 2007, Seminar on-Indian Textile Processing Industry-Poised for a Quantum Leap, Export of cotton to increase, Measures to Promote Textile Industry, Provide Technological help to Rural Weavers - President, Promote Research & Development in Textile Sector- Shri Elangovan.
STATISTICS
A regular feature deals with the statistics covering:
- Exports 20001-2005
- Imports 2001-2005
- Top 10 EU-25 Suppliers in Textiles
- Top 10 EU-25 Markets in Textiles
- Cotton Prices in India
- Investment Flow
- Cotton Yarn Spinning: Cost Competitiveness
- Projections of World Textile and Apparel Trade
TEXTILE STOCKSCAN
Under the regular column, experts Dilip and Rushik Bhatt discusses about- Lakshmii Machine Works (LMW) a dedicated unit for complete range of textile machinery was founded and incorporated by G V Naidu (Laxmi) group. In 1962, LMW was promoted for manufacturing of textile machinery in collaboration with RIETER MACHINE WORKS, Switzerland. This collaboration was expired in 1999 but at present Rieter has more than 13 percent stake in share capital of LMW. In 1974, LMW in collaboration with Walter Bracker, Switzerland started manufacturing of ring travellers. Major diversification was made in 1988 by setting up machine tool division having technical support from Mori Seiki, Japan. All divisions "TEXTILE MACHINERY DIVISION", "MACHINE TOOL DIVISION" and "FOUNDRY DIVISION" are ISO 9000 certified. Formerly LMW was promoted to manufacture textile machinery and at present it is enjoying leadership position for providing entire range of textile machinery. LMW has wide range of product from textile m achinery division for card silver system, combing system and ring spinning system. LMW's stock movement has shown negative trend due to recent market correction, experts believe in long term story of such a good company. The advice from the analysts reads-" We maintain "HOLD" at current market price of Rs. 2858 or long term investor having minimum holding capacity of 18 months should buy on dips if market gives opportunity to do so with target of Rs.3500".
A regular monthly feature giving 52 week high / low and previous as well as current mid month quotation of around 40 textile companies with market cap in excess of Rs. 100 crore
EXPORT TRADEINQUIRY
A regular feature.
CAREEROPPORTUNITIES
Career Opportunities - a profile of The SSM Institute of Textile Technology & Polytechnic Collage.
|
