Textiles in India go a long, long way back- right from the ancient Indus civilisation- wherein excavations have yielded cotton strands woven together. Herodotus, an ancient Greek historian, mentions Indian cotton in the 5th century BCE as “a wool exceeding in beauty and goodness that of sheep.” When Alexander the Great invaded India, in 327 BCE, his troops started wearing cotton clothes that were more comfortable than their previous woollen ones. Strabo, another Greek historian, mentioned the vividness of Indian fabrics, and Arrian told of Indian– Arab trade of cotton fabrics in 130 CE.
Cut to the 21st century, India’s textiles industry has contributed as much as seven per cent to the industry output (by value) in 2019-20. The Indian textiles and apparel industry contributed two per cent to the GDP, 12 per cent to export earnings and held five per cent of the global trade in textiles and apparel for the same period.
What’s more? The share of India’s textiles and apparel exports in mercantile shipments was 11 per cent and the industry has around 4.5 crore employed workers, including 35.22 lakh handloom workers across the country in 2019-20. Exports of textiles stood at US$ 29.45 billion, as of March 2021. It is, therefore, no surprise that the textiles sector contributes and plays a significant role in the Indian manufacturing scene. The Machinist caught up with Kailash Lalpuria, Executive Director & CEO of Indo Count Industries who told us how the consumption pattern has changed along with the point of sales distribution and company’s strategies to gain deeper insight into the market requirements. Edited excerpts:
Denne historien er fra July 2021-utgaven av The Machinist.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra July 2021-utgaven av The Machinist.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
SIMPLE AND SECURE NETWORKING: UMATI CONNECTS THE MACHINE PARK AT UNITED GRINDING
The UNITED GRINDING Group serves a diverse customer base, ranging from small businesses to large corporations, across industries including automotive, aerospace, tool and die, and precision mechanics.
OUR AI-ENABLED PLATFORM ADDRESSES THE CHALLENGES POSED BY THE RETIRING WORKFORCE
In an interview, Vivek Joshi, Co-founder and CEO of Entytle, discusses their Al-enabled platform addressing OEM workforce challenges by automating the knowledge of retiring employees, reducing reliance on slow recruitment. He also explains how the platform preserves institutional knowledge, cleans and unifies data, and identifies growth opportunities, mitigating risks from unfilled positions.
INDIA'S DEFENCE EXPENDITURE AND DEVELOPMENT: FROM INDEPENDENCE TO ATMANIRBHARTA
India’s journey from a nascent post-independence state to a burgeoning global power in defence is a testament to strategic foresight, policy perseverance, and the indomitable spirit of self-reliance. Over the decades, India has gradually shifted from reliance on foreign defence supplies to fostering a robust indigenous defence manufacturing sector, aligning with the broader vision of Atmanirbharta.
ADI'S VISION FOR BMS GOES BEYOND MANAGING BATTERY CHARGE
Analog Devices India ADI) is pioneering advanced battery management systems (BMS) that revolutionise e-mobility. Vivek Tyagi, Managing Director, Field Sales at Analog Devices India, shares the company’s vision for BMS in electric vehicles and its R&D efforts in India.
NEW DEVELOPMENT BENCHMARKS IN MILLING
A look at recent advancements from ISCAR that will have profound impacts on the future direction of milling.
WE AIM TO DOUBLE OUR REVENUE TO RS 6,500 CRORE BY 2025
Kirloskar Oil Engines Ltd. KOEL), a dominant player in diesel engines and generator sets, is setting its sights on doubling its revenue from Rs 3,200 crore to Rs 6,500 crore by 2025. As the company marks 75 years in the industry, in an exclusive interaction, Rahul Sahai, CEO, Kirloskar Oil Engines Ltd KOEL), reflects on its legacy and ambitious plans. With a strong market share of 30 per cent in the diesel generator market, KOEL’s success is rooted in continued investments in technology and infrastructure. Edited excerpts:
TRITON WILL BE RS 500 CR COMPANY IN THE NEXT 3-5 YEARS
In an interaction Jitendra Srivastava, CEO, Triton Logistics Maritime Private Limited spoke about the company’s plans, collaboration and technology adoption in the logistics sector. Edited excerpts...
LEADING THE TRANSITION TO A GREENER, MORE EFFICIENT FUTURE
In an interview with Saishree Mohanty, Anirudh Bhuwalka, CEO of Blue Energy Motors, discusses the company’s efforts to revolutionise India’s trucking industry with LNG-powered vehicles, sustainability initiatives, and future growth plans.
UNVEILING THE PATH TO AI-DRIVEN MANUFACTURING EXCELLENCE IN INDIA
As the industry delves into AI and cloud computing, the article explores the many challenges and opportunities that will influence the future of Indian manufacturing.
DIGITALISATION AND THE POWER OF SAAS FOR SMALL AND MEDIUM ENTERPRISES
As small and medium enterprises SMEs) face increasing pressure to innovate and accelerate time-to-market, adopting digital transformation is crucial. Leveraging Software as a Service SaaS) offers SMEs an affordable, scalable solution to streamline operations, boost productivity, and remain competitive in today’s fast-paced market.
