Revival of US demand along with the continued weakness of the rupee against the US dollar is expected to lead to higher export realization in rupee terms. The textile sector in India is expected to recover fast as export demand has begun to pick up and projects that were put on hold are now being revived.
Textile brands, machinery manufacturers and agents across the nation predict a positive growth pattern for the next couple of years as the sentiments within the industry are now slightly better. One such player hoping to capitalize on the depreciation of the Japanese yen is the Mumbai-based Inditech International.
Set up in 2002, this textile trading company grew multifold within just 12 years. Mr. Pradeep Sinha, a textile technologist and marketing expert who founded the company, provided tailor-made solutions for the complex textile industry of India.
Inditech started its humble journey after being appointed as the sole agent for TMT machines. TMT Machinery, Inc. of Japan is a leader in synthetic fiber machinery that has had the DNA of Toray Engineering, Murata Machinery, and Teijin Seiki Machinery. Next in line was Tsudakoma with weaving machines that got added to the portfolio, and from then on there was no looking back for Inditech. The company is registering an annual growth of 20 per cent. In the first year, it managed to reach a substantial sales turnover of Rs. 100 crores.
Inditech has over the years earned recognition for its integrity from its clients and principals. With an insight into innovation and extensive operations, the company journey continues on an highly optimistic note.
“We have sold more than 550 Tsudakoma wide-width machines to Welspun alone in the last decade and hope to increase that number in the years to come”, says Mr. Pradeep Sinha.
Welspun was the first customer for Tsudakoma machines through Inditech, and Sanathan Texturisers the first one for TMT machines. Currently Inditech is supplying machines to most of the leading Indian textile industry brands like Reliance Industries, Alok Industries, Bhilosa, DNH, Hanung Toys, Banswara Syntex, Bombay Rayon, Century Enka, D’Decor, Dicitex, Garden Silk Mills, Indo Count, Indo Rama, KG Fabriks, SEL, SRF, Premier Group, GHCL, Chiripal, Gupta Group and Rajashree Polyfil.
The Inditech expertise is evident in various segments like filament spinning, industrial yarn spinning, weaving, air bag yarn manufacturing, technical textiles, texturising, carbon fibre, plant automation, thermal cleaning shop, textile testing equipment and textile processing machines.
Talking to The Textile Magazine, Mr. Pradeep Sinha observed: “Right from knowledge sharing to execution of the project, Inditech has a solution to all your spinning and weaving requirements, from technology to the right selection of machinery as well as execution. Inditech has commissioned more than 50 spinning and weaving projects.”
Over the years, the company has emerged a leader in textile machinery trade and today is a name synonymous with textile business excellence. Be it raw textile yarn to complex industrial yarn, textile machinery & accessories and heavy machinery for industrial projects, the company has its exemplary role as a perfect supplier.
Inditech currently represents TMT, Tsudakoma, Aiki, AWA, Kasen and Matsumoto Yushi from Japan, Gualchierani, Slack & Parr, and Schwing from Europe, and Lawson Hemphill, Binsfeld from the US.
Being able to source out modern, quality, competitively priced products from more than 20 world reputed principals spread over three continents, Inditech now offers various textile machinery items of world standard through its service centres across the country and business associates abroad.