sh Agarwal who said, “We plan to venture in to nonwoven geo-textiles, so we are here for guidance and help that the CED and the government of Gujarat can provide to us. We have already done a lot of ground work and found that there is no indigenous technology available; however the markets for geo-textiles look promising”.
Mr Niraj Poddar from Surat was interested in setting up integrated Textile Parks in and around Surat. He hails from a family which has interests in fabric processing, chemicals and construction. He told fibre2fashion that they were planning to set up two Textile Parks in the South Gujarat belt. He further revealed that the location has not been finalized yet as it depended on the availability of the land in the region. However he hopes to finalise everything within the next few weeks. sh Agarwal who said, “We plan to venture in to nonwoven geo-textiles, so we are here for guidance and help that the CED and the government of Gujarat can provide to us. We have already done a #
When asked, as to why they though about setting up Textile Parks, he replied by saying, “I have visited many Textile Parks in India and most of them are located near about big towns and cities, but I plan to set up the Parks in rural areas and 'reurbanise' these areas and generate employment in rural areas”.
Mr KP Bhat from Krishna Mills – Bangalore was at the Vibrant Gujarat Summit to explore opportunities to invest in technical textiles. Krishna Mills supplies around two million meters of fabrics per month to garment exporters. After meeting top officials of iNDEXTb and CED he was completely satisfied with the information he received from them.
Mr JK Panchal Director – Shakti Spintex Ltd by and large is one of the biggest investors in the textile sector at the summit. He is investing Rs 20 billion to set up a composite unit compromising of a 200,000 spindles spinning unit, open-end machines, denim plant, 400 air-jet looms, fabric processing unit and a garment manufacturing plant at Mandal in Surendranagar district. Shakti Spintex was set up way back in 1913 and is into manufacturing of machinery, production of fabrics and garments.
He informed further that they would produce 80 tons of yarn per day, out of which 50 percent will be earmarked for exports, 25 percent will be sold in domestic markets and the rest will be consumed in-house. They will also be producing 200,000 meters of fabrics per day, again out of which 50 percent will be consumed by them and rest will be sold in the local markets.
Draft Air, although not a textile company is a key component provider to the textile sector. Draft-Air is a global company providing complete humidification solutions to the textile sector on a turnkey basis. Speaking to fibre2fashion, Mr Prakash Panchal, Jt Managing Director of Draft Air informed, “We are looking forward to technical collaborations for specialised fans and are planning to set up a complete new plant to manufacture the same”.
To summarize, the textile sector in Gujarat received unprecedented response and investments from across investors in India and abroad and have nearly trebled, when compared with the previous edition of the Vibrant Gujarat Textile Summit held in 2009.
Fibre2fashion
News
Articles
Interviews
Webinars
Events
Advertise with us
About Us
Contact Us
Privacy Policy
Terms & Conditions
Cookie Policy
