Over the period of last 6 decades, the Textile Engineering Industry (TEI) had built up an annual estimated capacity of over Rs. 9,000 crore of complete machinery and other equipment, right from opening up of the fibres to the production of finished fabrics with an investment of Rs. 7,500 crores. There are 1,446 units, 598 units manufacturing complete machinery and 848 units making parts and
The Textile Engineering Industry (TEI) in India is one of the five key Engineering Sectors responsible for the growth of the Indian economy. It consists of more than 1400 units, with a total investment of approx. Rs.7, 800 crore. More than 80% of the units are
The future Textile Policy should be therefore on the one hand to facilitate unhindered growth of the textile industry with a balanced long term policy right from the raw material to the finished products in a holistic manner. In the past, it was observed that there had been kneejerk reactions from the Government for different sectors of the textile industry which resulted in imbalance and hampered the growth.
In India, machinery manufacture started in the 50s, continued and progressed during 60s & 70s and thereafter. The Government policy to ban expansion of the organized weaving sector during late 60s created/ supported the decentralized powerloom sector. Too much of importance to handlooms and low level technology powerlooms in the subsequent years, keeping a large list of reserved items for handlooms, throttled the mill industry which lost its initiative for creativity as well as production for th
The Textile Engineering Industry’s (TEI) vision is to build up a strong TEI that can grow, compete, and export; which would provide strong support to the Indian textile industry, to make it vibrant, and competitive. It would acquire technological strength in all sectors, as we already have in spinning, and meet 70-75% of the demand of Indian textile industry for high tech machinery, from the current position of 45-50% with continuous capacity scale-up commensurate with increased demand. India
The ED TMMA – Mr. Sachin Kumar wrote an article for the Tecoya Trend during the month of December 2022, about the rise of the Indian economy. He reflected upon in this article, while the world’s bond/stock markets spiraled down due to global turmoil, ‘INDIA’ turned out to be a major ‘Sweet Spot’. He predicted that there may be signs of weariness on the Indian economy too, but deep down, the numbers looked promising.
A natural question comes to every concerned person in the country why there are no manufacturers of high quality high speed shuttleless looms in the country.
Article on "The Indian Textile Engineering Industry Today" by Shri S. Hari Shankar, Chairman,
Textile Machinery Manufacturers'