Upload
others
View
0
Download
0
Embed Size (px)
Citation preview
Ahmedabad: TextileCommissioner Kiran SoniGupta, IAS, has recentlyrevealed that Gujarat is lead-ing the investment in textilesector and taking advantageof the Central Govt.'s flagshipsubsidy program TechnologyUpgradation Fund Scheme(TUFS). "In the TechnologyUpgradation Fund Scheme,under the 15 per cent MarginMoney Subsidy (MMS) 2897projects sanctioned fromGujarat out of total 3200 proj-ect applications sanctioned toall over India. Similarly under30 per cent MMS, 1160 proj-ects from Gujarat gotapproval out of 4154 propos-als sanctioned to all overIndia," the TextileCommissioner informed in anofficial communiqué.
The 15% MMS is avail-able to Spinning mills withmatching forward or back-ward integration and TextileDyeing, Printing &Processing, Technical Textiles& Nonwoven and Garmentingprojects get 15% MMS inaddition to 5% InterestRebate. Factories that investin brand new modern weavingmachinery receives 30%MMS and 6% Interest Rebate.
Gupta also informed thatunder Revised RestructuredTUFS which was announcedlast year, the Regional Office
of the Textile Commissionerat Ahmedabad has received1030 applications under 15
per cent MMS and 134 appli-cations under 30 per centMMS from small scale sectortill July 2014.
Interestingly, 90 per centof the sanctioned projectsunder TUFS's 15% marginmoney subsidy are fromGujarat. In addition, theScheme of Integrated TextilePark (SITP) whereGovernment of India has beenoffering 40% subsidy on proj-ect cost, a total 61 projects hasbeen sanctioned so far out ofwhich eight projects are inGujarat alone.
Gujarat Leads Investment inTextile Manufacturing
Project Approvals15% MMS Gujarat 2897
All India 3200
30% MMS Gujarat 1160
All India 4154
MMS: Margin Money Subsidy
Visit ITMACH India Exhibition | 10-13th December 2014, Ahmedabad www.ITMACH.com
ITMACH INDIADiscover Markets, Find New Customers
Come to Gujarat - state that isdriving the growth of Indian textileindustry.Meet potential investors, industryprofessionals. Discuss businessand network.Discover the investment trends,developments and market opportunities
ORGANIZER ITMACH India2nd Floor, Gandhi Mansion,Bomanji Master Lane, Kalbadevi,Mumbai, India - 400002, Tel: +91 22 22017061/2/[email protected],www.itmach.com
SPACE BOOKINGArvind SemlaniCell: +91 9833977743 [email protected] S FaridCell: +91 [email protected] Kulshrestha Cell: +91 7840060123 [email protected]
PARTICIPATION FEEShell Scheme: € 160/` 8000 per m²
Bare Space: € 150/` 7000 per m²
VENUE: The Exhibition CentreGandhinagar, Ahmedabad Gujarat, India
TUFS: Gujarat Leads
ITMACH India
UPDATEInternational Textile Machinery & Accessories Exhibition
10-13 December 2014, Ahmedabad, Gujarat, India
Gujara toffers ahighly con-d u c i v einvestmentclimate. Thestate is com-
mitted to develop the textile& apparel industry & has aspecific investment friendlypolicy known as GujaratTextile Policy. The policyhas received warm responsefrom investors so far and inspinning segment alone,state will have over 4 mlnspindles installed by 2017.
Dr Chandan Chatterjee Advisor, iNDEXTb &
Director, CED
‘
‘Supported by Govt. Of Gujarat and iNDEXTb | A pre-summit event to Vibrant Gujarat 2015
A Must Attend Event, Block Your Dates
Visit ITMACH India Exhibition | 10-13th December 2014, Ahmedabad www.ITMACH.com
ITMACH INDIA UPDATE
With the textile sec-tor seeing a recov-ery due to stable
raw material prices andgrowth in exports, companiessuch as Indo Count are look-ing at taking big leap forward.Indo Count, a cotton yarnspinner to bed linen and towelmanufacturer with its produc-
tion facilities in Maharashtra,a state in the western part ofIndia.
Indo Count's revenue for2013-14 stood at Rs 15,000million, a rise of 23 per centcompared to 2012-13, whilenet profit was Rs 1103.9 mil-lion, up 274 per cent. In 2014-15, Indo Count hopes toincrease its revenue to Rs19,000 million (US$ 316.66million) & net profit to Rs1700 million (US$ 28.33 mil-lion). The company is plan-ning expansion of its produc-tion capacity and aims to dou-ble it in the next few years.Currently, it's weaving andprocessing capacity stands at50 million meters; which willbe increased to 68 millionmeters by Dec 2014. Andbecome 112 million meters by2016.
Indo Count to investheavily on capacityexpansion; aimshigher revenue
After recently unveil-ing the world's largestterry towel factory,
Trident Group aims to surpassthe bounds of being theworld's largest integratedhome textile manufacturerand continues to expand andmodernize its capacities mak-ing it comparable with globalstandards.
Trident Limited (Trident),the flagship Company of theGroup, commissioned anopen end yarn spinningexpansion project on July 15,2014, having manufacturingcapacity of approximately10,000 TPA of cotton openend yarn for meeting its yarnrequirement for the terrytowel unit in Budhni, locatedin central India.
Trident has yarn manufac-turing capacity of 366,000ring spindles and 3,584 rotors.
The newly commissionedopen end yarn spinning project now adds another1920 rotors to its capacitieswith an investment of US$ 10million.
Trident expandsopen-end spinningcapacity at Budhni
ITMACH INDIA: PARTICIPATION FEE
Shell Scheme: € 160 / Rs 8000 per m²
Bare Space: € 150 / Rs 7000 per m²
Space Booking enquiry: Arvind Semlani
Cell: 09833977740
[email protected] www.ITMACH.com
2
IMPORTANT SCHEDULES:ITMACH India
10th Dec 2014: Inaugurationof ITMACH India.
10–13th Dec 2014: ITMACHIndia Exhibition Open toexhibitors from 09:00 hours to 18:30 hours. Opening hours for Visitors:10:00 hours to 18:00 hours
13th Dec 2014: Starts dismantling and removal ofStalls-19:00 hours
14th Dec 2014: Ends dismantling of Exhibits &Stalls-18:00 hours
International Textile Machinery & Accessories Exhibition
Visit ITMACH India Exhibition | 10-13th December 2014, Ahmedabad www.ITMACH.com
ITMACH INDIA UPDATE
The two textilemega clusterswhich to be set up
in Gujarat as announced
by India's FinanceMinister Arun Jaitley inthe budget will come up inSurat and Kutch. Gujarat
has been investing heavilyin textile industry in thelast two years due to high-ly industry friendly textilepolicy and state subsidiesto entrepreneurs.
The upcoming megatextile cluster in Surat willcompletely focus onweaving sector to producequality fabric deployingmodern weavingmachines. Surat city isknown for textile industryand the new mega clusterwill attract investment inmodern weaving mills.The Govt. will spend INR2 billion to build the facilities of Surat weaving mega cluster andtotal 8 mega clusters willbe set up as per announcement.
3
Surat Textile Mega Clusterto focus on Weaving Sector
The International Textile Machinery &Accessories Exhibition to be held inAhmedabad from 10-13 Dec 2014
Ahmedabad- the erstwhile Manchesterof the East and now a vibrant centre ofbusiness and financial activities; is goingto host ITMACH India from 10-13thDecember 2014.
The city in spite of being a prominenttextile manufacturing hub was deprived ofa large scale international textile machin-ery exhibition. ITMACH India aims tomeet the need of the growing textileindustry in the state and the country. Thefour days show will host the leading tex-tile machinery suppliers and top decisionmakers across the country.
ITMACH India:Opportunity for
Textile EngineeringIndustry andEntrepreneurs
International Textile Machinery & Accessories Exhibition
Ahmedabad basedleading textilemachinery and tech-
nology supplier Sagar Grouphas confirmed its participationin ITMACH India exhibitionwhich is scheduled from 10-13th December 2014. SagarGroup is a reputed state-of-the-art textile machinery andraw materials supplier to lead-ing textile mills in India andabroad. The company has topof the line machinery suppli-ers as their principals thatcover entire value chain oftextile manufacturing.
In ITMACH India show,Sagar Group will participatealong with its leading princi-pals Toyota Industries, MurataMachinery, Xetma, AndritzKusters and other Ahmedabadbased textile machinery sup-pliers. Confirming participa-tion in the event, PriyeshShah, Managing Director,Sagar Group said, "This is forthe first time Ahmedabad willhost an international textilemachinery show.
Therefore, it will be agood opportunity for us andour principals to meet theindustry. Gujarat is the leaderin textile investment now andin spinning alone, projectswith 3.5 million spindles are
in various stages of imple-mentation."
Here to note that GujaratTextile Policy offers substan-tial stimulus to investment inthe state and government dataindicates that majority of theinvestment proposals in tex-tiles are coming from Gujaratin the last one year. Shah said"ITMACH India exhibition isbeing organised at the righttime which will boost invest-ment scenario and help theinvestors to meet leadingtechnology suppliers underone roof."
TOYOTA INDUSTRIESToyota Industries is
world's leading textilemachinery supplier with itspresence in spinning andweaving technology segment.The company has high reputa-tion as Airjet weavingmachinery supplier (waterjettechnology as well) with itsJAT Series of "Weaving thehighest quality fabric at thelowest possible cost" deploy-ing state-of-the-art technolo-gy. In the spinning segment,Toyota's RX Series of high-performance ring spinningframes-RX300E e-draftmachine and long-framedesign which supports up to1,824 spindles employsToyota's proprietary technolo-gy to ensure high reliabilityand high performance.
MURATA MACHINERYMurata Machinery needs
no introduction in industry.Murata offers unique VortexSpinning System MVS 870,Automatic Winders (LinkConer) and Two-for-OneTwisters.
ANDRITZ KUSTERSTextile and Nonwoven
calendering system supplierAndritz Kusters is the onlycompany that offers differentdeflection controlled roll tech-nologies (S-Roll, HyCon) tochoose the right technologybased on process demand. Thelong experience of Kustersand Kleinewefers has been thefoundation of the AndirtzKusters teXcal technology.
XETMAXetma group is dedicated
to optimizing existing tech-niques along with developingnew technologies in the fieldof mechanical finishing for
Woven and Knit fabrics.Raising, Emerising, BrushingMachines, Cloth Cleaningmachines, Shearing, Polishing& Tigering Machines.
Contributes 31% ofIndia’s textile produc-tion.Largest producer (35%)and exporter (60%) ofCotton in the country.3rd largest Denim pro-ducer in the World andlargest in India (65-70%)Over 24% to 28% offixed investment, pro-duction value andemployment of SmallScale Industries (SSI) isfrom textile sector.Technical Textiles is akey emerging area withover 860 units in Gujarat(as per Government ofGujarat's survey)
Investment OpportunitiesGinning and PressingCotton and Syntheticbased Spinning,Weaving and ProcessingUnits, Cotton Knitwear.Terry Towel/HomeFurnishing.High Valued GarmentManufacturingTechnical Textiles
Major PlayersArvind Mills, Relianceindustries, Welspun,Ashima, Raymond, Grasim,Dinesh Mills
Textile in Gujarat
Sagar Group Confirms participationin ITMACH India, Ahmedabad
Toyota Industries, Murata Machinery, Xetma and Andritz Kusters will
show their presence through Sagar Group in the show
ITMACH INDIA UPDATE4
Visit ITMACH India Exhibition | 10-13th December 2014, Ahmedabad www.ITMACH.com
International Textile Machinery & Accessories Exhibition
New Delhi: Keeping in view thechanges in the textile industry on thedomestic and international fronts,India's Ministry of Textiles has initiat-ed the process to set the road map for
the textile & apparel industry.Accordingly, an Expert Committeewas constituted to make fresh recom-mendations under the Chairmanship ofNational Manufacturing Competi-tiveness Council's (NMCC) MemberSecretary Ajay Shankar. The draftVision, Strategy and Action Plan has
been submitted by the committeewhich will be accepted and impliment-ed after a detailed process of stake-holder consultations across the entirevalue chain.
Considering the recommendationsand feedback received during variousconsultation meetings, the ExpertCommittee identified basic concernsin textiles sector and identified thenational priorities in the form of aVision & Strategy and the Action Planfor attaining the targets set out in theVision for exports, investment andemployment by the year 2024-25. TheVision document projects Indian tex-tile exports to grow from current levelof US$ 40 billion to US$ 300 billionby the year 2024-25. This translatesinto additional investment requirementof US$ 120 billion and in the processaround 35 million new job creation isexpected to take place.
Along the side lines of ITMACH Indiaexhibition, there will be a concurrentconference at Town Hall in
Gandhinagar. The proposed three day interna-tional conference on the backdrop of today'sadvantage India, would like to address theglobal scenario, opportunities available forinvestment , strategic issues, shift in the prod-uct-market mix, new technologies and theirimpact on the competitive edge of India's tex-tile value chain and finally what makesIndian textile industry a sustainable proposi-tion. National and state level textile policiesare also to be addressed for investors' betterappreciation and confidence building.
Diagonal Consulting, in association withTextile Excellence will organize the concur-rent event under the leadership of Dr. P.R.Roy.
The details of the conference is availableon www.intexcon.com
Indian Govt. Plans For US$300 Billion Exports By 2025;
Target 2025
Exports US$ 300 billion
Investments US$ 120 billion
Job Creation 35 million
India Aims High
To Create 35 Million New jobs
"India"-Opportunitiesfor Global Investmentin Textiles: 3 DayConference
ITMACH INDIA UPDATE 5
Visit ITMACH India Exhibition | 10-13th December 2014, Ahmedabad www.ITMACH.com
International Textile Machinery & Accessories Exhibition
Investments in India's tex-tile industry are pickingup, with 163 projects at
various stages of implementa-tion in the first six months of2014. Gujarat continues toremain the investment desti-nation of choice with over 55projects, both new units andexpansions happening in thestate. This is followed byTamil Nadu, with over 30 tex-tile projects, mainly in thespinning sector. Maharashtraranks third with 22 projects.Other states include Rajasthan(9), Karnataka (8), Haryana(7), Andhra Pradesh and UttarPradesh.
Continue to flow into thecotton spinning sector (57
projects). This is followed byaround 52 fabric weaving andprocessing projects. Even asthe government keeps stress-ing on the need for invest-
ments in finished products,only around 12 RMG projectsare in the pipeline. It isencouraging to note that thegovernment has received 11
proposals for technical textileprojects in the first half of2014.
India: Govt Receives 163 T&CProject Proposals In H1, 2014
Visit ITMACH India Exhibition | 10-13th December 2014, Ahmedabad www.ITMACH.com
ITMACH INDIA UPDATE6
New Textile Projects across India Jan-July, 2014
International Textile Machinery & Accessories Exhibition
Gujarat based Sintex Industries Ltd(also owns Bharat Vijay Mills orBVM) is planning to set up a
large spinning plant in the port townshipof Pipavav. The parent company SintexIndustries will invest Rs. 1800 crores(US$ 300 million) in phases to build themammoth 320,000 spindles yarn spinning unit. The proposed yarn spin-ning unit will produce fine count cottonyarn largely for export market and willbegin its commercial operation in 1016-17 fiscal. The port township of Pipavav aslocation for the new cotton yarn spinningfacility will be ideal as it is also in closeproximity to the cotton growing regionsin the state. Thereby, save huge amount oflogistic cost for the company in rawmaterial procurement and export of finished goods.
The company's existing textile divi-sion under BVM is located at Kalol nearAhmedabad that house a composite tex-
tile manufacturing facility from spinningto high-end structured dyed yarn shirtingsto sophisticated home furnishing andtechnical textiles.
For the year 2013-14, the SintexIndustries ltd's textile division turnoverwas Rs 546 crore (US$ 91 million).
Favorable Textile Policies of Gujaratand revised TUFS along with highdemand of Indian yarn from overseasmarket and abundance availability of cot-ton has fuelled investment in the spinningsector in Gujarat in the recent years.
Sintex Industries to INVEST US$ 300 Million toSetup a Cotton Yarn Spinning Plant in Gujarat
The Exhibition andConvention Centre,measuring 102,000 Sq.
meters and spread over 45acres, is consists of 15 exhibi-tions halls with state of the art
technology and infrastructurethat meets global standards.This is a newly built world-class exhibition venue is alsoIndia’s largest indoor exhibi-tion space available today.
With its elegant and spaciousenvironment, inspirationaland creative setting, well-equipped facilities will makeITMACH India participationand visitation a wonderful
exhibition experience. Thisvenue would also host iconicVibrant Gujarat 2015.
ITMACH India Venue: The Exhibition Centre, Gandhinagar
Visit ITMACH India Exhibition | 10-13th December 2014, Ahmedabad www.ITMACH.com
ITMACH INDIA UPDATE 7
VENUE: The Exhibition Centre, Near Mahatma Mandir, Gandhinagar, Ahmedabad, Gujarat, India
International Textile Machinery & Accessories Exhibition
Visit ITMACH India Exhibition | 10-13th December 2014, Ahmedabad www.ITMACH.com
ITMACH India Facts
ITMACH INDIA: ADVANTAGESLarge Markets Around: Ahmedabad,Surat, Rajkot, Vapi, Silvassa,Bhilwara, Tarapore, Palghar,Bhiwandi, Banswara, Indore,Malegaon, Bhopal etc.Growing Textile Industry Cover All Sectors: Spinning,Weaving, Knitting, Dyeing, Printing,Garment, Denim, Synthetic Fiber etc.Over 30,000 visitors expected.Concurrent CONFERENCE to drawtop entrepreneurs, industry profes-sionalsFirst Focused Textile M/c Exhibition inAhmedabad
ITMACH INDIA VENUE: FACILITIESLARGEST EXHIBITION CENTRE ININDIA: 102,000 Sq. meters indoorexhibition halls.Modern Amenities.Connected by AIR, RAIL & ROADStar Hotels and Sight Seeing
InternationalBy Air: ToMumbai.Mumbai toAHMEDABAD:
- By Air: 1 Hour - By Rail: 6-8 Hours- By Road: 7-8 Hours
DomesticBy Air: ToAhmedabad.By Rail toAhmedabad. By Road toGandhinagar, Nr.Mahatma Mandir
Ahmedabad Air Port
ITMACH INDIA: HOW TO REACH
Guide Map
ITMACH INDIA UPDATE8
The Exhibition Center
International Textile Machinery & Accessories Exhibition