Don’t miss the latest developments in business and finance.

Coimbatore textile industry eyes used machinery in Europe

Image
Gayathri G Chennai
Last Updated : Feb 25 2013 | 11:50 PM IST
After China and Germany, it is now the turn of Europe and the United States to make inroads into the Indian textile industry with their second-hand spinning and weaving machines.
 
Many units in the textile industry in the Coimbatore region are evincing interest in importing second-hand ring spinning frames offered by textile units in Europe which were closed down after the abolition of textile quota.
 
Most of the textile units in the region are scaling up their production capacities in spinning, weaving and processing but they are strapped by the delay in the supply of machinery from indigenous manufacturers.
 
Though domestic machines are competitive in terms of quality and price, the delivery schedule, which even extends to two to three years, is a matter of concern, industrial sources said.
 
It is against this backdrop that the dismantled European machineries are being offered at a discounted price to buyers in India, according to a source.
 
K Selvaraju, secretary, Southern India Mills Association (SIMA), told Business Standard that many textile units in the region had plans to import the used-spinning frames from Europe and the US.
 
"The problem with the Chinese machinery manufacturers is that they are unwilling to come out with a uniform pricing policy. If we are not able to negotiate on pricing with them, we would opt for the import of second-hand machinery from the West."
 
The South India Small Spinners Association (Sisspa) too has requested the Union textile ministry to permit the import of second-hand spinning machinery with a vintage life of 10 years for a specific period of three years and install them under the Technology Upgradation Fund Scheme (TUFS).
 
However, the prospective importers are facing an ambiguity in the government's guidelines related to the import of textile machinery. TUFS had specified the technology and vintage models allowed for imports of weaving machinery but there are no clear guidelines for importing the used spinning machinery.

 
 

Also Read

First Published: Feb 14 2006 | 12:00 AM IST

Next Story