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SPECIAL STORY
REGULAR FEATURES
TREXCLUSIVE
- “Indian embroidery manufacturers are 'creators & developers' of world class embroidery”
- Prakash Sekhani
Managing Director - Mangal Textile Mills (I) Pvt Ltd.
Shri Prakash Sekhani, Managing Director, Mangal Textile Mills (I) Pvt. Ltd. He was born in 1961. He is one of the strong pillars supporting the phenomenal growth story of Mangal Group of Companies. Mangal Textile Mills (I) Pvt. Ltd. made a modest start with just 7 Hand Printing Tables in 1971 and today can easily boast of more than 100 state of art machinery required for printing & processing. In 2004, the group added another feather in its cap by starting the 1st fully automated embroidery unit in Ahmedabad. With more than 7 Schiffli Machines from Switzerland, it has the largest embroidery manufacturing capacity in Ahmedabad.
They attribute this success to the joint family set up wherein each one harnesses his individual core competency while simultaneously achieving maximum result as a Team. Their insatiable urge towards innovation, quality improvement and doing nothing but the Best, has made 'Mangal' a brand to reckon with in the textile industry. Believer of 5 P's i.e. Proper Preparation Prevents Poor Performance.
Shri Prakash Sekhani, Managing Director, Mangal Textile Mills (I) Pvt. Ltd., shares his perception on Indian Embroidery sector with TEXTILE REVIEW.
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ANALYSIS
Braids for Textile Structural Composites
L. Sasikala, K. Saravanan & S. Sundaresan,
Department of Textile Technology Kumaraguru College of Technology, Coimbatore
This article jointly penned by Shri L.Sasikala, K.Saravanan & S.Sundaresan. They give a very extensive detail of the braids for Textile Structural composites. Textile structural composites are part of a larger category of textile composites. They are mainly used as structural materials to resist heavy loads that occur in the basic framework for buildings, bridges, vehicles, etc. The vast majority of textile structural composites are fiber reinforced plastics (FRP). They are made of a textile composite preform embedded in a resin, metal or ceramic matrix. The matrix system provides rigidity and holds the textile reinforcement material in a prescribed position and orientation in the composite. The composite pre-form is obtained from the assemblage of fibrous material (fibers, yarns or fabrics) and its architecture can vary from a simple planar sheet to a complex 3D net shape. These 3D textiles shapes use knitted, braided, and stitched textile fabrics.
ANALYSIS
E-Assistance (B2B) To Textile Industry - A Vision
K. Umanath
Database Analyst (Finance) - CMOTS InfoTech, Chennai
D. Vanitha
System Operator, Yarn Department - Centwin Hosiery Mill Pvt Ltd, Tirupur
This article jointly penned by Shri L.Sasikala, K.Saravanan & S.Sundaresan. They give a very extensive detail of the braids for Textile Structural composites. Textile structural composites are part of a larger category of textile composites. They are mainly used as structural materials to resist heavy loads that occur in the basic framework for buildings, bridges, vehicles, etc. The vast majority of textile structural composites are fiber reinforced plastics (FRP). They are made of a textile composite preform embedded in a resin, metal or ceramic matrix. The matrix system provides rigidity and holds the textile reinforcement material in a prescribed position and orientation in the composite. The composite pre-form is obtained from the assemblage of fibrous material (fibers, yarns or fabrics) and its architecture can vary from a simple planar sheet to a complex 3D net shape. These 3D textiles shapes use knitted, braided, and stitched textile fabrics.
SPECIALSTORY
Manufacture of Some Woven Technical Textiles : Raw Materials, Process Methodology, & Techno-Economics K. P. Chellamani & G. Panneerselvam
The South India Textile Research Association, Coimbatore
The technical textile is one of the fastest growing segment of the world textile and apparel industry. Very distinctive feature of technical textiles is that it can make value addition as high as 500 percent depending upon the application and end uses. At the same time, it is a diverse and dynamic one, having wide range of materials, processes, products and application. The world market for technical textiles is estimated to be around 23.77 million tons with a value of US $ 127 billion by 2010. In India, technical textile activity accounts for a mere 5% to 6% of total textile activity and it is import intensive. In this background, techno-economic viability of 3 specific technical textile products has been worked out and illustrated in this paper. The products are:
- General purpose rigid narrow fabrics.
- Health care textiles like surgical gowns and surgical aprons.
- Geo synthetics using polypropylene multi filament yarns.
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NEWPROJECTS
This section provides information about upcoming of new projects in textile sector are includes:
- Alps Industries engaged in the manufacture of yarns, home furnishings, natural dyes and fashion accessories is setting up a production facility for automotive fabrics at Laksar in Haridwar district of Uttarakhand.
- Patspin India has reported progress on the setting up of a spinning mill at Ponneri in Coimbatore district of Tamil Nadu.
- Sohrab Sinning Mills is expanding its Malerkotla production unit for tyre cord yarn in Sangrur district of Punjab.
- Gayatri Suitings is setting up a polyester viscose plant at Rayla in Bhilwara district of Rajasthan.
NEWSSNIPPETS
A regular feature covering news on the topics -
- Registration of Cotton export contracts made mandatory.
- Century Textile plans Rs 6,300-crore capex.
- Textile assn demands forward cotton export registration.
- Indo Rama expects hike in polyester prices.
- Decision on loan waiver for weaver this week : Vaghela.
- Retailers declare early sale on weak buyer demand.
- Nakoda Textile buys 18.5% stake in Surat Yarn Park.
- Debenhams to set up design hubs.
- Reid & Taylor readies for premium play.
- Alok, Welspun may team up to run NTC mills.
- Long staple Bt cotton price soars in Gujarat.
STATISTICS
A regular feature deals with the statistics covering: Capacity, Production, Consumption etc. of Man Made Fibre/ Filament Yarn, No. of Cotton/ Man-Made Fibre Textile Mills (Non-SSI) closed and affected capacity and workers etc. as on 30th November 2007.
TEXTILE STOCKSCAN
Under the regular column, experts Dilip and Rushik Bhatt discus about the Pioneer Embroideries Limited (PEL). PEL was promoted and incorporated by Shri Rajkumar Sekhani and Mr. Baid in 1991. PEL is located at Mumbai, Sarigam, Dadra, Karad, Naroli and Coimbatore. Initially PEL has installed capacity of 1572 million stiches with 43 machines working at full capacity for producing embroidered cloth and subsequently advanced its capacity by importing fully computersied embroidery machines. It was also set up world's largest crochet lace plant by installing 364 machines. Apart from embroideries clothing PEL caters Torchon (Bobbin) laces and Raschel laces. Pioneer acquires Salzer Textile Ltd. from Coimbatore and Reach Industries Pvt. Ltd. It also acquired "HAKOBA" brand and embroidery manufacturing facilities from M/s. Fancy Corporation Ltd. (Mumbai, India). PEL has signed a memorandum of understanding for marketing its products abroad through "MOOJIN INTERNATIONAL LTD." (South Korea). Efficient and expertise management earns title of "Asia's largest embroidery and laces manufacturers"
Authors' says that "financial performance reflects that operating expense, interest payment, depreciation and tax liability hurts the margin". "We also observed that PEL able to sustain topline growth by 30% at Rs. 191.16 cr. (Appx.) for full FY 07-08 but fails to deliver net return. Stock holding pattern shows no great sign of market participation" they added. "Current macro economy doesn't give any sign of recovery in near future so this condition may stay longer than anticipated. PEL shown continues downward with negative bias. Currently stock is trading at Rs. 51 and we recommend stay away for now" they added.
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 Indian Institute of Apparel Management.
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