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    India Industrial Sector

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    kothari_mudit
    The Indian textile machinery industry comprises over 1446 manufacturing units, with over 600 producing complete machinery and the remaining producing parts and accessories. The industry supplies machines for processing yarns and fabrics and weaving to help meet export targets. It is deregulated and allows up to 100% foreign investment. Production was $6.2 billion in 2007-2008, $4.1 billion in 2008-2009, and $4.2 billion in 2009-2010, while exports were $640 million, $607 million, and $525 million respectively over the same period.

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    India Industrial Sector

    Uploaded by

    kothari_mudit
    16 views2 pages
    The Indian textile machinery industry comprises over 1446 manufacturing units, with over 600 producing complete machinery and the remaining producing parts and accessories. The industry supplies machines for processing yarns and fabrics and weaving to help meet export targets. It is deregulated and allows up to 100% foreign investment. Production was $6.2 billion in 2007-2008, $4.1 billion in 2008-2009, and $4.2 billion in 2009-2010, while exports were $640 million, $607 million, and $525 million respectively over the same period.

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    Note on textile

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    The Indian textile machinery industry comprises over 1446 manufacturing units, with over 600 producing complete machinery and the remaining producing parts and accessories. The industry supplies machines for processing yarns and fabrics and weaving to help meet export targets. It is deregulated and allows up to 100% foreign investment. Production was $6.2 billion in 2007-2008, $4.1 billion in 2008-2009, and $4.2 billion in 2009-2010, while exports were $640 million, $607 million, and $525 million respectively over the same period.

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    16 views2 pages

    India Industrial Sector

    Uploaded by

    kothari_mudit
    The Indian textile machinery industry comprises over 1446 manufacturing units, with over 600 producing complete machinery and the remaining producing parts and accessories. The industry supplies machines for processing yarns and fabrics and weaving to help meet export targets. It is deregulated and allows up to 100% foreign investment. Production was $6.2 billion in 2007-2008, $4.1 billion in 2008-2009, and $4.2 billion in 2009-2010, while exports were $640 million, $607 million, and $525 million respectively over the same period.

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    Textile Machinery

    The Indian textile machinery industry is a significant component of the capital


    goods industry.This industry comprises of over 1446 machinery and components
    manufacturing units with over 600 units producing complete machinery,and the
    remaining parts and accessories. The range includes textile machinery required
    for sorting,cording, processing of yarns/ fabrics and weaving.The industry is
    gearing itself to avail of opportunities of supplying machines required to cater to
    the export target of garment manufacturers post Multi Fibre Agreement
    (MFA).The industry is also de-licensed and foreign direct investment (FDI) upto
    100 per cent under automatic route as well as technology collaboration,is
    allowed freely.Import of old and new machineries too is allowed freely.
    As per Textiles Machinery Manufacturers Association (TMMA) with a capital
    investment of US$ 1,415.38 million and an installed capacity of US$ 1,650.87
    million per annum , their current production, imports as well as exports are as
    under:
    Figure in US$ Million
    Year

    Production

    Exports

    Imports

    2007-2008

    6155

    640

    5255

    2008-2009

    4063

    607

    4411

    2009-2010

    4245

    525

    4500

    Material Handling Equipment


    The range of equipments manufactured includes crushing and screening plants,
    coal/ore/ash handling plant and associated equipment such as stackers,
    reclaimers, ship loaders/ unloaders, wagon tipplers, feeders etc. catering to the
    growing and rapidly changing needs of the core industries such as Coal,Cement,
    Power, Port, Mining, Fertilizers and Steel plants.
    This industry is also de-licensed and foreign direct investment (FDI) upto 100 per
    cent,under automatic route as well as technology collaboration,is allowed freely.
    Import
    of
    old
    and
    new
    machineries
    too
    is
    allowed
    freely.
    There are 50 units in the organised sector for the manufacture of material
    handling equipment. Besides, there are a number of units operating in the smallscale sector. The industry is self-sufficient in meeting the domestic demand and
    is also capable of meeting global competition.
    As per Directorate General of Commercial Intelligence and Statistics (DGCI&S)
    the export and import figures for the last three years are as under:
    Figure in US$ Million
    2007-2008

    2008-2009

    2009-2010

    Import

    236.29

    365.27

    394.54

    Export

    40.49

    28.81

    27.15

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