VOLUME 2 ISSUE 7
AUGUST 2007
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EDITORIAL
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CONTENTS
COVER STORY
- Why Handloom Sector?
- Dr. D. Narasimha Reddy , Coordinator - Centre for Handloom, Information and Policy Advocacy - Chirala (AP)
- Handloom Industry in India
- Dr. S. Sudalaimuthu - Lecturer & S. Devi - M.Phil Scholar Department of Commerce, Bharathiar University, Coimbatore
FACE 2 FACE
TR EXCLUSIVE
- Handloom Industry
- R. G. Panneerselvam
Deputy Director (Weaving) - Weavers' Service Centre, Ahmedabad
MANAGEMENT STORY
REGULAR FEATURES
COVERSTORY
- Why Handloom Sector?
- Dr. D. Narasimha Reddy , Coordinator - Centre for Handloom, Information and Policy Advocacy - Chirala (AP)
This article updates the TEXTILE REVIEW readers with latest developments of Handloom Sector. Dr. D. Narasimha Reddy, Coordinator, Centre for Handloom Information and Policy says that "It is time that government recognized the value of the handloom sector in achieving sustainable development of the country. On its own, government would never be able to provide employment to such a large workforce". "Going by the logic of liberalization, government in turn ought to formulate, promote and encourage policies which sustain this employment, and cannot work to its detriment. Despite adverse conditions, due to larger support from the consumers and being a livelihood option for millions of weavers, handloom sector has been surviving, and has the potential to be so. Government has to ensure a 'level playing field' for this sector towards healthy competition among the different sub-sectors of textile industry" he added.
Handloom Industry in India Dr. S. Sudalaimuthu - Lecturer & S. Devi - M.Phil Scholar , Department of Commerce, Bharathiar University, Coimbatore
This article contributes jointly with Dr. Sudalaimuthu, Lecturer & S. Devi, M. Phil Scholar. Authors' presents the Handloom Industry to the reader's of TEXTILE REVIEW. Authors' says that-"The Handloom Textiles constitute a timeless part of the rich cultural Heritage of India. The element of art and craft present in Indian handlooms makes it a potential sector for the upper segments of market domestic as well as global. However, the sector is beset with manifold problems such as obsolete technologies, unorganized production system, low productivity, inadequate working capital, conventional product range, weak marketing link, overall stagnation of production and sales and, above all, competition from power loom and mill sector". "As a result of effective Government intervention through financial assistance and implementation of various developmental and welfare schemes, the handloom sector, to some extent, has been able to tide over these disadvantages. Thus, Handloom forms a precious part of the generational legacy and exemplifies the richness and diversity of our country and the artistry of the weavers" experts added.
FACE 2FACE
- "Handloom Sector will have unique place in the industry with the focus on niche market"
- Prof. P. B. Jhala
John Bissell Research Chair - National Institute of Design, Ahmedabad
Prof. P. B. Jhala, a Mechanical Engineer from Sardar Patel University, Vallabh Vidyanagar, has 38 years of experience at his back in R&D in Textile Engineering at the famous Ahmedabad Textile Industry's Research Association (ATIRA) from where he retired as Senior Deputy Director. He has made notable contributions to the development of Textile Machinery, Automation and Control, Information Technology and Nanotechnology Applications in Textiles etc. He holds 20 Indian Patents on Textile Mechanisms and Automation. He was awarded British Council Bursary for training at the University of Leeds, UK in the year 1976. Thereafter, he received four National Awards for his contributions for improvement in textile machinery. Widely traveled and experienced, PB Jhala has also served as an expert member on several committees of Govt. of India Departments namely DIT, DST, DSIR, TIFAC, and NRDC besides with the UN agencies viz. APCTT and UNDP etc. He is a Fellow of the Institution of Engineers (India) a nd an Honorary Fellow of the Textile Associations (India). He is the present incumbent of the John Bissell Research Chair sponsored by Ford Foundation at National Institute of Design, Ahmedabad and is engaged in cutting edge design-led research in Nanotechnology and Plasma Technology Applications in Textile and Apparel for product innovation and value addition.
Prof. Pradyumansinh Jhala, John Bissell Research Chair, National Institute of Design, shares his views about handloom sector with TEXTILE REVIEW.
TREXCLUSIVE
Handloom Industry
R. G. Panneerselvam
Deputy Director (Weaving) - Weavers' Service Centre, Ahmedabad
This article describes the aspect of Handloom Industry. Shri R.G. Panneerselvan, Deputy Director (Weaving), Covers some points to describe the Handloom Industry like Government organizational set-up for Handloom Industry, Importance of Handloom Industry, Traditional Fabrics of Handloom Industry, SWOT Analysis of the Handloom Industry, Importance of skill up gradation in Handloom Industry to face the challenges, Marketing support to Handloom Industry, Various steps taken by the Government to strengthen the Handloom Sector.
MANAGEMENTSTORY
- Rural Market Strategies in India
- S. Geetha
Lecturer - PG Department of Finance and Computer Applications, S.N.R. Sons College, Coimbatore
This management article is written by S. Geetha, Lecturer, PG Department of Finance and Computer Applications, S.N.R Sons Collage. She describes the rural market strategies in India. Ms. Geetha says that "considering the magnitude of the task at hand with the companies, it makes sense for non-competitive companies like HLL and LG to make a joint effort to penetrate the market. They can use each other's distribution channels to leverage their brands. Also considering the poor awareness levels of the people, competitors like HLL and P&G should join hands to avoid the product proliferation, which results in confusing the consumer. Rural consumers have a very high level of ethos so all the care should be taken not to hurt them in any form of advertising. Moreover, every effort should be made by the companies to promote the "my brand" feel in the minds of consumers. This can be achieved by connecting the local industries of that place and, if possible, use it in packaging or graphics of the product". "So the need of the hour is the integration of all the above stated approaches and constantly reinventing the products and bringing new innovations. Companies will need to think beyond the short-term gains and resort to experimentation so as to develop a dedicated model for these areas. This will ensure rich rewards and long-term association with rural consumers" she added.
NEWPROJECTS
A Special Feature on upcoming a new projects in textile sector has been introduced. This section provides information about:
- Grasim Industries -expanding its existing Kharach cellulose complex in Bharuch district, Gujarat
- Sitaram Spinners -setting up a 25,200 spindles cotton yarn spinning unit in Warangal district, Andhra Pradesh
- Spads Textiles - setting up a spinning mill for multi fibre yarn production at Deshpalem in Krishna district, Andhra Pradesh
- Rajkamal Textiles -setting up a multi yarn spinning mill at Appanaickenpatti in Coimbatore, Tamil Nadu.
- Vishnu Shankar Mills - expanding its spinning mill for cotton yarn and synthetic yarn at Subramaniapuram in Virudhunagar district, Tamil Nadu
- Pavan Cotton Products - implementing an expansion programme at its Guntur facility, Andhra Pradesh
- Sri Jayajothi & Co - setting up a cotton yarn spinning mill with spindleage capacity of 50,000 units near Rajapalayam, Tamil Nadu.
NEWSSNIPPETS
A regular feature covering news on the topics- Prof. Teli felicitated with Shiksha Rattan Award, SRTEPC Chairman: Relief Package may help recover some losses, Century Textile Q1net at Rs 108cr, Jaybharat Textile to hike yarn capacity, EU retailers want Mandelson to end Chinese textile limits, Designing hopes for school dropouts, Technical textiles market to double in '08, Lucknow prey to Chinese designs, Embroidery turns with rising machines and many more news..
STATISTICS
A regular feature deals with the statistics covering : State- Production of Fabrics in Different Sector, Progress of Implementation of the Handlooms Act, 1985 by Various Agencies, Production of Khadi Cloth, Funding Pattern Under the Workshed-Cum-Housing Scheme for Handlooms Weavers, Detail of the Central Assistance to States Under the Handlooms Act, 1985, Installed Loom Capacity, Expected Man Power Requirement in Processing Sector for Next 5 Years, Export of Carpets and Other Textile Floor Coverings-Major Countries, Capacity Utilization in the Mill Sector (Cotton/ Man-Made Fibre Textile Mills)
TEXTILE STOCKSCAN
Under the regular column, experts Dilip and Rushik Bhatt discus about Spentex Industries Ltd. (SIL) - CLC Group company - jointly promoted by CESCON Ltd. and KEC International Ltd. for setting up a project for manufacturing of combed cotton yarn at Baramati, Maharashtra in November1991. CLC Group was founded by Chiranji Lal Choudhary in the mid 20th century and same was carried by Ajay Kumar Choudhary, Mukund Choudhary and Kapil Choudhary. CESCON Ltd., one of the promoters of SIL, is a subsidiary of CESC Ltd. and carries out consultancy and contract business for generations, distribution and management of power whereas KEC International Ltd. is engaged in designing and manufacturing of power transmission line towers and petrochemicals. In line with global trend of recent past, SIL is also developed by mergers and acquisitions in India as well as abroad. SIL acquired Cimmco Spinners, Indo Rama Textiles Ltd., Amit Spinning Industries Ltd. and Tashkent Toytepa Tekstil Ltd. Spentex Industries Ltd. has wide range of network for production, sales and distribution across India. SIL has six state of the art manufacturing facilities across Maharashtra, Madhya Pradesh and Gujarat.
Financial performance of Spentex has shown some turn around performance during last two quarters. Both top-line and bottom-line shows tremendous escalation especially during last quarter. The advice from the analysts reads -"we still believe that Spentex at early stage of turn around story and long way to go. As far as stock movement is concern we show continues down trend for last six month and stock closes nearly at 52 week low of Rs. 34.05". "For an investor we maintain stay away for now and buy at lower level near Rs. 29 with strong support Rs.25.75" experts added.
EXPORT TRADEINQUIRY
A regular feature.
CAREEROPPORTUNITIES
Career Opportunities a profile of The Institute of Apparel Management
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