71st - itamma

71st

2013-14

Indian Textile Accessories & Machinery Manufacturers' Association

Bhogilal Hargovindas Building, 4 floor,18/20, K. Dubash Marg, (Kala Ghoda),

Mumbai - 400 001.Phone: 2284 4350 / 2284 4401; Fax : 022- 2287 4060

Email – [email protected]/ [email protected]/ [email protected] : www.itamma.org

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71 Annual Report 2013-14st

1. Managing Committee of the Association 2013-14 1

2. Implications of the Global Trends on the Indian Textile Engineering Industry 5

3. ITAMMA 's Activities 8

4. National Events 8

5. International Events 17

6. Obituary 23

7. Auditor’s Report & Statement of Accounts 24

8. Photo Gallery


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Implications of the Global Trends on the Indian Textile Engineering Industry

Present Trend

Implications of these trends on Indian Companies

A myriad of changes in the economical, technological, social and political landscape have made an irreversible impact on how businesses will function globally in the years to come. The remarkable growth of information and web based technology, China rising as a super power, the financial crisis of 2008, Europe's sovereign-debt crisis, and the slowing down of key global economies, are among the landmark events that have shaped the world in recent times.The Global Textile and Apparel Manufacturing Value Chain is expected to attract Investment Worth US$ 350 billion by 2025, while the Indian textile and apparel Intra-Asia exports will be ~3.5 times the current value of US$ 12 billion. However, at the same time, “per capita spend on apparel” (PCA) of India is only 3% of the highest spending country like Australia, and is only one-third of that of China. Still the Machinery shipment data for the year 2011 indicates major growth against the slowdown in 2008-2009, thus recording an improvement trend.

For Indian exporters, it is important to realize the potential and undertake suitable product and infrastructure expansion drives to meet the demands which China may no longer cater to exclusively. Manufacturers have to plan their strategy of focusing on the customers through value added service like inventory management, product development and IT enabled tracking. Indian companies can also have an opportunity to partner with global companies through joint ventures, mergers and acquisitions.Since the Indian production (for domestic and exports) is poised for a growth faster than the global average, a significant share of investment is expected to happen in India. This opportunity will be across the value chain and in multiple product segments. This would also translate into major business opportunity for machinery suppliers and supporting businesses (chemicals, consumables, logistics, etc.).

Status & Set-up of Indian Textile Engineering IndustryThe following statistical figures as published by DGCIS showing the growth of Indian Textile Engineering Industry.

The Positive growth of Textile Engineering Industry during 2013-14 -- 15% rise (Rs.6480 crores as against Rs.5650 crores) Capacity utilization increased from 9100 crores to Rs.9350 crores (60% to 69%). Exports during the year 2013-14 was Rs.2085 crores as against Rs.1512 crores achieved during the year 2012-13.Demand for textile machinery during 2013-14 was Rs.11923 crores out of which imported machinery constituted Rs.7528 crores, while 37% of total demand i.e. was contributed by the domestic machinery industry.The trend of Import of pre-owned Looms is showing a remarkable reduction from 4405 during 2012-13 to 2421 during 2013-14, (about 50%) which is a good sign that entrepreneurs are installing new looms of latest technology.The figures of Import of Spinning machines in Table-2, show a reduction from Rs. 2924 crores in year 2011-12 to Rs 2582 crores in year 2012-2013 and the same trend for the Spinning Accessories of Rs. 102 crores to Rs 76 crores during the same years. At same time the Exports of Spinning machines in Table-1, showing a reduction from Rs. 523 crores in 2011-12 to Rs. 467 crores in year 2012-13.

Attention in the following areas is needed for further competing in the Global Market: Our production capacity is about Rs.9,350 crores against the demand of Rs.14,000 crores, while our capacity utilization is about 65-70%. Thus, about 60% requirement is met through imports and that too to a tune of 20% through pre-owned machines. The main reason we all are aware, is the

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lack of State-of-the-Art technology, as well as empowerment of imported brands of machines over “Indian Made” brands in the minds of Indian User Industry. The figures of Import of Weaving machines in Table-2, show an increase from Rs 1695 crores I 2011-12 to Rs 1937 crores and the same trend for the Weaving Accessories of Rs 211 crores to Rs 300 crores during the same years.Imports of Rs. 8,558 crores during 2012-13 (increased by 14.10%) and exports of Rs.1,462 crores during 2012-13 (reduced by 4.17%) calls for the indigenization of imported components, under the umbrella of Common Facility Centres (CFCs) and through joint ventures & collaborations for technology transfers.

The Government initiatives have been reflected through the execution of 40 Textile Parks under the Scheme of Integrated Textile Park (SITP), where investments of about Rs.583.39 crores (Andhra Pradesh), Rs.813.90 crores (Gujarat), Rs.970.50 crores (Maharashtra), Rs.590.28 crores (Tamil Nadu), Rs.552.98 crores (Rajasthan), Rs.351.93 crores (Punjab) and Rs.278.43 crores (others) have been made; and also additional 21 Textile Parks with an estimated investment of Rs.8312.12 Crores.

This has given an opportunity to the Textile User Industry to upgrade their technology, and to the Textile Engineering Industry to enhance their business.

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Initiatives by the Government of India


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ITAMMA 's ActivitiesDuring the year 2013-14 the following events where ITAMMA participated, and floated various innovative schemes

organized or

NATIONAL EVENTS

INDIATEX 2013 - Textile Exhibition-Fibre to Fashion

“Lean Manufacturing - a backbone to the sustainable growth of TEI”

'TEXFAIR 2013’

INDIATEX 2013 held from October 18-20, 2013 at VIA Ground, Vapi Industries Association, Plot No. 135, GIDC, Vapi, was organized by The Textile Association (India), Mumbai Unit.

Mr. C. Bose, President of TAl, Mumbai Unit welcomed the gathering, while Mr. G. V. Aras, Exhibition Chairman expressed his views for organizing this event at Vapi, where he mentioned that the industrial belt starting from Tarapur, Umargam right up to Surat, which is buzzing with manufacturing activities covering the vertical textile value chain.

Mr. Haresh Parekh, Convenor of this Exhibition, said that it was a big challenge for the Mumbai Unit in organizing this event as this was a first of its kind for the TAI. Mr. Rajnikant Backhaniwala, Guest of Honour, congratulated the Mumbai Unit, and at same time also cautioned the organizers about the various aspects needed to be taken care in order to make the event a grand success.

Mr. Diven Dembla, Guest of Honour, thanked Mumbai Unit for giving ITAMMA an opportunity to be the part of this exhibition and gave an insight on the important role played by ITAMMA in the development of the textile industry at various levels from accessories to machineries.

Dr. Chandan Chatterjee, Chief Guest, assured all the participants and the exhibitors, the necessary assistance from the Govt. of Gujarat, in setting up their business in the state, and said that healthy competition amongst the industries will change the scenario for the development of the country.

Mr. A. V. Mantri, Hon. Secretary proposed the Vote of Thanks.

ITAMMA was allotted a complimentary stall where we displayed and distributed the various publications of ITAMMA. Also interactions were made with the visitors regarding the activities of ITAMMA. The visitors from the textile engineering field were guided to enroll as members of ITAMMA.

A seminar on 'Lean Manufacturing – a backbone to sustainable growth of TEI' was held on at M.C. Ghia Hall in Mumbai.

Mr. M.L. Suriya, Director & CEO, Mr. Rohak Chordia, Senior Consultant from Here Quality Excellence Pvt. Ltd, Vadodara were invited by ITAMMA, as eminent speakers, to enlighten the participants on the subject “Lean Manufacturing - a backbone to the sustainable growth of TEI”.

The Southern India Mills Association (SIMA), organized the “Texfair 2013 & Farm to FinishExpo'2013 ” from at the CODISSIA Trade Fair Complex, Avinashi Road, Coimbatore.

November 15, 2013

ITAMMA launches 'Membership Development Drive’

December 13-16, 2013


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The event had attracted over 300 Exhibitors, and recorded a footfall of about 75,000 business visitors. Mr Diven Dembla, President of ITAMMA was invited as the Guest of Honour at the event, who delivered the felicitation speech during the inauguration function.

The organizer allotted a complimentary stall to ITAMMA, where we distributed about 1000 copies of News & Notes and the literature & CD's on “About ITAMMA” to the visitors who visited its stall. The ITAMMA Logo, “Proud to be Member of ITAMMA” was displayed at the stalls of about 52 member-exhibitors. The association also interacted with 32 companies to invite them as its members through the “Membership Development Drive” activity.

A seminar was organised by ITAMMA in Coimbatore on at Hotel The Arcadia, where Mr. R.R. Balusundharam, President, The Indian Chamber of Commerce and Industry, Coimbatore, delivered a Special Talk on “Managing the Current Business Environment”.

Mr. Diven Dembla, President, ITAMMA, delivered his Welcome Address, while Mr. S. Senthil Kumar, First Vice President, ITAMMA, introduced the speaker. Mr. Kishore Khaitan, Hon. Treasurer, ITAMMA, delivered the Vote of Thanks. The seminar was compered by Mr. J. M. balaji, Convenor, ITAMMA Coimbatore Export Cell.

The seminar was attended by more than 180 participants and registered a grand success.

Textile Expo 2013 organized by The Textile Graph, was held at Vanita Vishram Ground Surat from . More than 140 exhibitors including local, national and international machinery

manufacturers - suppliers, showcased their latest fabric weaving, yarn preparatory, yarn & fabric dyeing - printing - finishing and value added machinery - accessories - attachments, in this textile machinery show. ITAMMA was allotted a complimentary stall by the organizer and distributed about 100 copies of News & Notes and the literature & CD's on “About ITAMMA” to the visitors who visited its stall. The ITAMMA Logo “Proud to be Member of ITAMMA” was displayed in the stalls of about 26 Member-Exhibitors. The association also interacted with 22 companies to induct them as its Members through the “Membership Development Drive” activity.

The 12th Product-Cum-Catalogue Show organized by the Indian Textile Accessories & Machinery Manufacturers' Association (ITAMMA) on at Haailand Resort & Theme Park in Guntur, Andhra Pradesh witnessed positive and tremendous response from both exhibitors and visitors.

Mr. Punnaiah Chowdary, Chairman, AP Spinning Mills Association, inaugurated the 12 Product-cum-Catalogue Show and visited each exhibitor. Speaking on the occasion, he said, “During the past two decades, the installation of latest technology textile machinery has taken place in huge numbers. This has created a demand for quality textile spares & retrofitting assemblies to help the user achieve their set targets of cost effective quality production.”

The event was organized in the Guntur district of Andhra Pradesh, since it has become a hub of the textile industry, with the state government encouraging setting up of new industries. Around 550 ginning & pressing units, supported by over 100 spinning units with over 22 lakhs spindles and 6912 rotors are active

Seminar on “Managing the Current Business Environment”

TEXTILE EXPO 2013’

12th Product-cum-Catalogue Show at Guntur

December 13 , 2013

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December 20 – 23, 2013

January 11, 2014,

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in the region, spinning cotton in the counts ranging from 30's to 80's. The spinning set up is further supported by over 600 Airjet looms.

To make this event a success, ITAMMA promoted the details of the show to ITAMMA members through various circulars, while briefing them about the scope of the business potential in Guntur. Invitation cards and brochures were also distributed across the state and informative banners were put up at important areas like Chilakaluripet bye pass, Vijayawada byepass , Chebrolu area and Guntur bye pass in and around Guntur . A full page advertisement was also published in the Textile Magazine and local newspapers to further garner support. Associations like the India - ITME Society, Mumbai, Andhra Pradesh Spinning Mills Association (APSMA) also extended theirwhole-hearted support to make this show a success.

A press Conference was organized on 10 January, 2014 in the premises of the Andhra Pradesh Spinning Mills Association (APSMA), where nine representatives of News Channels and 12 representatives of Print Media participated. Mr. Diven Dembla, President of ITAMMA, addressed the Press about the purpose of this 12th Product-cum-Catalogue Show organized at Guntur, and the benefits expected to the Textile Industry at Guntur, as well as to the Member-Exhibitors of ITAMMA.

A mill visit at the Edlapadu Plant of M/s NSL Textiles limited, Guntur was organized for the Member-Exhibitors of ITAMMA on January10 , 2014, during the post lunch session, where 32 members participated in the visit. The objective was to provide a platform to the participants to know the operations and functioning of the mills at Guntur. Also, the above unit is known to be one of the best units at Guntur, having state-of-the-art machineries vertically integrated with a value chain covering all the operations, from the extraction of cotton lint to garment manufacturing.

ITMACH which was held from January 22-24, 2014 in , was the first textile machinery event of its kind organised in the country’s largest powerloom cluster. The show attracted over 100 exhibitors, and 19,842 business visitors and delegates from various parts of the country. In addition to Bhiwandi based industry, business delegates arrived from Ichalkaranji, Kolhapur, Malegaon, Burhanpur, Solapur, Ujjain, Ludhiana, Panipat, Banaras, Bhilwara, Surat, Tarapore and from south Indian textile hubs like Belgaum, Hubli, Bangalore, Coimbatore, Tirupur, Erode etc.

ITAMMA was offered a complimentary stall where it showcased its services and displayed its publications for sale.ITAMMA registered good number of new members through its Membership Development Drive Programme during this Exhibition.

The delegation from Portugal represented by Ms. Amina Can, Manager , SBU Human Resources and Training, MundiServicos, & Mr. Franklin Chagas , Socio-Gerente , MundiServicos, which was initiated by Mr. Rohit Pinto of M/S Mangal Advisory Services visited ITAMMA on February 14, 2014.

During the interaction, Mr. N. D. Mhatre, Director Genral (Tech), gave a presentation on the services ITAMMA provides to its members, and informed about the Indian textile industry. Ms. Amina Can gave information on the services offered by MundiServicos to the textile Industry of Portugal.

It was decided that both the associations can work together on various aspects which can be beneficial to the textile engineering industry of Portugal & India.

ITMACH Bhiwandi

Bhiwandi, Maharashtra

Portugal delegation visits ITAMMA


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Gear and Power Transmission Expo – IPTEX 2014

ITAMMA undertakes campus recruitment drive

'Opportunities of Business Growth for Indian Textile Engineering Industry’

Gear and Power Transmission Expo – IPTEX 2014 was held from 27 Feb to 1 March, 2014, at the Bombay Exhibition Centre (BEC), Mumbai. IPTEX 2014 was one of the most promising platforms for the Gears and Power Transmission Equipment industry members, to network with potential buyers and market their products, services and capabilities to attract audiences. It showcased all the latest Gears, Gear Boxes and Transmission Products, Gear Machines, Cutting Tools, Gear Inspection and Testing Instruments and Chain & Belt Drives Products.

ITAMMA was allotted a complimentary stall by the organizer and it distributed News & Notes and the literature & CD's on “About ITAMMA" to the visitors who visited its stall. The association also interacted with companies to induct them as its Members through the “Membership Development Drive” activity.

A Campus Recruitment drive of Textile Under Graduate/Post Graduate Students was organized at TPO Hall, VJTI, Matunga, Mumbai on March 13, 2014 , which saw ITAMMA member companies exploring young talent.

A month before, the resume of about 15 students were received by the Directorate of ITAMMA from VJTI, which were further scrutinized and sorted as per the interests shown by the students in their respective fields of work, such as sales and marketing, corporate communication, purchase, procurement, supply chain and other operational areas. The same were forwarded to the interested member companies of ITAMMA and accordingly the requirements of the ITAMMA member companies were noted and the recruitment process was planned.

The execution of the activity was followed by a programme organized by the textile department of VJTI called 'Industry Interaction for Campus Recruitment'. Dr. A.K. Rakshit, Dean R&D, VJTI in his keynote address highlighted the importance of the textile engineering industry and emphasized on how the textile engineering industry fosters growth in multi disciplinary areas of engineering.

Mr. Diven Dembla, President, ITAMMA, in his inaugural address introduced ITAMMA, and about its member companies and the various initiatives taken in the technology upgradation field.

Thereafter, each of the ITAMMA members gave a brief presentation about their company profile, products manufactured, the manufacturing process and their requirement of manpower. Mr. Sanjiv Lathia from Lathia Rubber Mfg. Co. Ltd., Mumbai, Mr. Ketan Sanghvi from Laxmi Shuttleless Pvt. Ltd., Ahmedabad, Ms. Tejas from Delux Bearing Ltd., Mumbai, Mr. Vinit Shah from Vinit Rubber Works, Mumbai participated in the programme. The students were given an opportunity to interact with the above industrialists and thereafter an opportunity was given to each ITAMMA member company to interact and interview about 8-9 students of B. Tech and M. Tech category, individually.

Speaking at a seminar on 'Opportunities of Business Growth for Indian Textile Engineering Industry' held on March 14, 2014 Chief Guest Mr. Premal Udani, Chairman, Apparel Export Promotion Council & Managing Director, Kaytee Corporation Pvt. Ltd. started off giving a brief insight about the textile garment industry from the clothing perspective.

Mr. Suhas Gore, Vice – President, Product head, Electronica Finance Limited, was invited as a Guest Speaker who gave a brief about their Company's working and how it will be helpful to our members in their business.

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The Seminar was followed by the function of Farewell Dinner to Past Presidents, Mr. Chetan R. Ghia and Mr. Naresh Mistry. Mr. Chetan R. Ghia and Mr. Naresh Mistry were felicitated with a Memento by the President Shri Diven Dembla.

After the successful completion of the 1 and 2 group of Lean Manufacturing Programme at Ahmedabad, it was decided to implement Lean Manufacturing Programme at Coimbatore and Mumbai. Accordingly, a seminar on “Material Flow Cost Accounting (MFCA)” with a Special Session on “Lean Manufacturing Competitiveness Scheme (LMCS)” was organized at Coimbatore on May 10 , 2014 at Hotel, The Arcadia.

During the Seminar various presentations were made By Mr. Natarajan Pratap, Deputy Director, NPC, Gandhinagar, on “Material Flow Cost Accounting -- Basics and Methodology”

Mr. Manish Kumar Sharma, Assistant Director, and Mr. Ashish Kumar Sahu, Assistant Director, NPC, Gandhinagar, presented “MFCA Case Studies”. Mr. S. Shivakumar gave presentations on “The introduction to Lean Manufacturing Competitiveness Scheme (LMCS), and Lean Tools”

The seminar was well attended by about 60-70 Coimbatore members. The seminar encouraged the members and accordingly five members have come forward to implemet Lean Manufacturing at Coimbatore Cluster.

The "13th Product-cum-Catalogue Show” on at Ludhiana, provided the ideal platform to the suppliers (machine & spare part manufacturers, dealers & traders) and the end-users (textile manufacturers/consultants/academicians, etc.) to interact with each other and understand their requirements.

Seminar on “Material Flow Cost Accounting (MFCA)” with a Special Session on “Lean manufacturing Competitiveness Scheme (LMCS)”

13th Product-cum-Catalogue Show at Ludhiana

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ITAMMA successfully organized its 13 Product - Cum -Catalogue Show on 1 June, 2014, at the newly opened Radisson Blu, Hotel in Ludhiana. The show was inaugurated by Mr. Rajiv Garg, Managing Director of Garg Arcylics.

The trade show received an overwhelming response with 64 exhibitors participating, and over 500 visitors attending the show. The 13 Product –Cum- Catalogue Show conducted by Indian Textile Accessories & Machinery Manufacturers' Association (ITAMMA), provided an ideal platform to the textile user industry of Ludhiana to interact with the suppliers (Manufacturers, Dealers and Traders) of textile machines and accessories. During the show the visitors of the Textile Industry of Ludhiana got an opportunity to observe the quality products of Machines & Accessories from the field of Spinning, Weaving & Wet Processing.

Over the years, Ludhiana has grown as a leading hub for Textile Manufacturing, and occupies a vital position in the industrial scenario of Punjab. It has become the principal producers of woolen and acrylic knitwear, and also uses cotton and blended fiber to produce hosiery, knitwear and various ready – made garments. Keeping this in mind, ITAMMA decided to conduct the Product- Cum- Catalogue Show in Ludhiana, which also attracted visitors from neighbouring Himachal Pradesh and Jammu & Kashmir.

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Prior to the show a press conference was organized on May 31, 2014 at the Radisson Blu Hotel, where Mr. Diven Dembla, President of ITAMMA, addressed the media, detailing the purpose of the Product- Cum- Catalogue Show organized at Ludhiana and the benefits expected for the Textile Industry of Ludhiana, as well as to the member exhibitors of ITAMMA.

The show was co – sponsored by the India – ITME Society, who were also present to promote the upcoming GTTES 2015 Exhibition being held in Mumbai from 20 to 22 January, 2014.

To coincide with the event, a visit to Garg Acrylics in Ludhiana was organized for ITAMMA Exhibitor members. The Participants got to view the operations and functioning of the Spinning and Weaving units of Garg Acrylics, a leading textile manufacturer in North India, having latest machineries vertically integrated with all the operations from the extraction of cotton lint to garment manufacturing.

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Seminar on “How to do Business in Brazil and Latin America” on 27 June, 2014.

Appreciation of ITAMMA's Lean Manufacturing Forum, Ahmedabad – July 11 , 2014.

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Gujarat Chamber of Commerce & Industry (GCCI) Ahmedabad organised an event “MSME Growth Engine” on July 12 , 2014 with MSME-DI,Ahmedabad at GCCI conference hall, Ashram Road, Ahmedabad. Eminent Guests, like Shri Madhav Lal, IAS, Secretary and dignitaries from Govt. bodies like MSME, CMD, NSIC, DG, NPC, IC, Industries department, and other state level organisations graced the occasion.

Mr. Prashant Gandhi, Past President & Chairman of Technology Upgradation and Cluster Development Sub-Committee, was invited to receive this prestigious certificate which was awarded to recognise the success of SPV – ITAMMA Members of pilot phase, and the upscaled Lean Manufacturing Competitiveness Scheme of DC-MSME.

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During the seminar, Mr. S.M. Chaturvedi, Legal Corporate Advisor – Export & Import, was invited as a Special Guest Lecturer by Ahmedabad Management Association (AMA). ITAMMA gave an opportunity to its members to attend this programme by paying the fees of Rs.500/- per delegate.

It is noteworthy to place on record that 27 members attended this programme. Thereafter, a Presentation was made by Mr. Apurva Kapadia, Technical Director of Prashant Group of Companies, on “How to do business in Latin America”. Both the Presentations were well accepted by the members who attended it.

The Presentation made by Mr. Chaturvedi were on the opportunities available in Brazil based on the statistical data of various aspects, like customs, imports, exports, etc. However, the Presentation made by Mr. Apurva Kapadia were based on his experience in Brazil , where he mentioned mainly about the difficulties and hurdles faced while doing business in Brazil and Latin America.


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Seminar on “Motivation for Success” in the memory of Late Shri Bhailalbhai Shah, Honorary Member & Past President of ITAMMA on July 11 , 2014.

Seminar on Signing MOU's – A Platform for Emerging Business Opportunities on September 5 , 2014

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During the Seminar, Mr. Harbhajan Singh, IAS Director General, national Productivity Council, was invited as a Chief Guest who briefed about the various schemes available by national Productivity Council for the MSME's and the members of ITAMMA.

Dr. Suresh Mashruwala was invited as the Guest Speaker who gave a talk on “Motivation for Success”. He quoted various examples about his experiences which has motivated him for his success in his career. The content of the examples given by him were encouraging and would have definitely motivated our members present during the seminar. The seminar was well attended by 50-60 members.

Seminar on “Union Budget 2014-15 – Proposals related to Direct & Indirect Taxes” was organized on 15th July, 2014 at 5.30 p.m. in Mumbai.

Mr. Jiger Saiya, Partner, Direct Tax, BDO India, gave a presentation on Direct Taxes and he covered various aspects related to Direct Taxes in the Budget 2014-15.

Mr. Shailesh Sheth, Partner, Indirect Tax, BDO India, gave a presentation on Indirect Taxes proposals, where he also covered Goods & Service Tax, Customs, Central Excise, Cenvat Credit and FDI proposals, as related with the Budget-2014-15.

The seminar provided solutions to the queries of the members, which was well attended by about 50-60 paricipants.

A Seminar on “ Signing MOU's - A Platform for Emerging Business Opportunities” was organized on 5 Sept'2014 from 6.00 p.m. at M.C. Ghia Hall, Mumbai, which was followed by a Ceremony of signing MoUs. During the Seminar there were special presentations by Mr. Arup Jana, National Sales Manager, on behalf of SGS India Pvt. Ltd., Mr. K. Ravi, Deputy General Manager (P & AD), on behalf of Bharat Petroleum Corporation Ltd., and Mr. Arvind Sinha, President, on behalf of The Textile Association of India. After the presentation session ITAMMA, signed MoUs with all the above organizations where Mr. K.P. Chandy, Executive Director, (Lubes) signed on behalf of Bharat Petroleum Corporation Ltd., Mr. Arvind Sinha, President, on behalf of Textile Association of India and Mr. Arup Jana , National Sales Manager on behalf of SGS India Pvt. Ltd.

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“Seminar on Union Budget 2014”

Seminar on "Material Flow Cost Accounting" with a special session on " Lean Manufacturing Competitiveness Scheme" Seminar on "Material Flow Cost Accounting" with a special session on "Lean Manufacturing Competitiveness Scheme", was organized on July 18 , 2014 at M.C. Ghia Hall, Mumbai from 5.30 p.m. onwards. The Seminar was jointly organized with NPC and sponsored by Government of India.

Mr. Hiroshi Tachikawa, MFCA Expert, Japan, Mr. Natarajan Pratap, Deputy Director, NPC, Mr. Amitosh Gautam, Assistant Director, NPC, were the speakers for the Seminar.

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MOU with SGS India Pvt. Ltd

MOU with Bharat Petroleum Corporation Ltd (BPCL)

MOU with Textile Association of India

About more than 30% of our members are exporting their machines & components to various countries, and today most of the International customers ask for various Certifications & Accreditations of the reputed & globally approved Certification Bodies. Thus the MoU with SGS will play an important role in helping us in these areas. Mr. Arup Jana, Material Sales Manager – SGS India Pvt. Ltd., signed the MoU on behalf of SGS.

ITAMMA, under the Lean Manufacturing and Design Awareness Programmes, helps its members to implement cutting edge technologies and deliver cost competitive sustainable innovations with the concept of resource conservation (energy, water) and automation.

Considering the important role of lubrication and lubricants, in the sustainable characteristics of the product, it was utmost essential to work closely with the renowned lubricant manufacturers like Bharat Petroleum Corporation Ltd. (BPCL). And so, the MoU with Bharat Petroleum Corporation Ltd. (BPCL) will enlighten and enrich the knowledge of our member-manufacturers in the selection & applications of the appropriate lubricants for their machines.

Mr. K. P. Chandy, Executive Director (Lubes), Bharat Petroleum Corporation Ltd., signed the MoU on behalf of Bharat Petroleum Corporation Ltd.

ITAMMA, even though being a body representing the Textile Engineering Industry of India, has taken many initiatives in strengthening the bond between the Textile Manufacturing Industry and the Textile Engineering Industry, which is of utmost improtance today for developing of both the industries in the areas of Technology, Knowledge and Business. Mr. Arvind Sinha, President, Textile Association of India (TAI) signed the MoU on behalf of Textile Association of India.

ITAMMA initiates Membership development Drive As per the survey of Textile Committee, there are more than 1400 units in the Indian Textile Engineering Industry which are involved in the activities of manufacturing and supplying textile machineries and components. Looking at the present strength of ITAMMA members contributing to about 30% of these total units, it was felt that there is a scope of involving the remaining 70% of these units as the members of ITAMMA.

Export Cell Meetings There are 4 Export Cell Centers of ITAMMA at Ahmedabad, Coimbatore, North India. The initiatives taken by Ahmedabad Export Cell are always through various Workshops and Seminars, while the details of the initiatives taken by Mumbai and Coimbatore Export Cells are given below:

1. Export Cell meeting at Coimbatore was held on January 25 , 2014 at Hotel Arcadia, Coimbatore. Statistical data regarding the textile industry of various countries were discussed and distributed to the participants

2. Export Cell meeting at Mumbai was held on July 15 , 2014 atthr N.J. Nair Conference Room, Mumbai. Mr. Avinash Mayekar, Managing Director & CEO of Suvin Advisors was invited as Guest of Honour, and shared his experiences in regard with the Exports of Textile Engineering Goods.

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Further, as per the mission slogan of ITAMMA ‘Spreading its wings to make India a Hub for Textile Accessories and Machineries’, it was felt necessary to launch a ‘Membership Development Drive’, and execute the same during each of its events.

New Members enrolled during the year 2013-14

A Square Solutions, Ahmedabad.Acqua Filtron Equipments, Dombivli (West), District Thane.Airmaaster Tecnolozies India (P) Ltd., Coimbatore.Aksons Engineering Co., Pune.Aloke Fibre Tech Pvt. Ltd., New Delhi.Ankita Marketing, Vapi.Apco Agencies, Ahmedabad.Applied Automation systems Pvt. Ltd., Coimbatore.Associated Autotex Ancillaries Pvt. Ltd., Coimbatore.Aswin Enginers, Coimbatore.B Tex India, Coimbatore.Balaji Industries Pvt. Ltd., Kolkata.Balaji Sales Corporation, Coimbatore.Baskara Industries, Coimbatore.Bea Electronics, Gwalior.Bearing Manufacturing India, Mumbai.Bharat Pattern and Engineers, Ahmedabad.Bianco Textile Solutions (I) Pvt. Ltd., Vasai (East), District Thane.C. Gheewala & Co., Mumbai.Canalair Air Solutions Pvt. Ltd., Coimbatore.Canspin Industries, District Surendranagar.Caretex Engineers, Coimbatore.Cetcon Engineers (India) Pvt. Ltd., Mumbai.Dhruv International, Ludhiana.DNA Expert Services, Chandigarh.Dornier Machinery India Pvt. Ltd., Mumbai.Electronica Finance Limited, Pune.Elgi Electric And Industries Ltd., Coimbatore.Franstek Belts Pvt. Ltd., Goa.G.M. Enterprises, Hubli.Gayathri Marketing Consultants, Guntur.Ideal Sheet Metal Stampings & Pressings Pvt. Ltd., Ahmedabad.

Indo Texnology Pvt. Ltd., Coimbatore.Industrial Electronic Corporation, Gwalior.J.V. Texpro (P) Ltd., Chandigarh.Jupiter Textile Consultancy Services, Mumbai.Kailash Corporation, Mumbai.KCI Bearings (India) Pvt. Ltd., Ahmedabad.Key Textile Accessories Pvt. Ltd., District Surat.Krishna Antioxidants Pvt. Ltd., Mumbai.Krislon System Sciences Pvt. Ltd., Mumbai.Lalman Electricals & Electronics Pvt. Ltd., Coimbatore.Leo Rubber Industries, Ahmedabad.Manisha Overseas, Bhiwandi, District Thane.Mathis India Pvt. Ltd., Thane.Mayur Textile Equipments, Ahmedabad.MEC Growths Texmach Pvt. Ltd., Madurai.Millmark Associates, Coimbatore.Mohler Machine Works Pvt. Ltd., Coimbatore.Nikasu Tapes Belts, Coimbatore.Phoenix Textile Engineering Pvt. Ltd., Pune.Praful Reed And Heald Frame Pvt. Ltd., Ahmedabad.Precision Yarns Pvt. Ltd., Mumbai.Rajendra Textile Engineers, Coimbatore.Rishabh Micro Precision Components Pvt. Ltd., Silvassa.Rishitex Engineering India Pvt. Ltd., Coimbatore.Roop Telsonic Ultrasonic Ltd., Mumbai.Sakthi Associates, Coimbatore.Sanjali Impex, Mumbai.SB Dye Springs (India) Pvt. Ltd., Thane.Sepson Textile Machines, Surat.Shansen Enterprises, Coimbatore.Sheeba Engineering Co., Ahmedabad.


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INTERNATIONAL EVENTS

ITAMMA's successful participation at IRANTEX'2013IRANTEX 2013 exhibition was held at Tehran International Permanent Fairground, Tehran, Iran during October 28-31, 2013. There was total of 231 exhibitors from 16 countries. The majority of Exhibitors were from IRAN, followed by Exhibitors from India. The categories of Exhibitors were 62.23 % from the User Industry in the business of manufacturing and dealing of fibre, yarn, fabric and their finishing, etc; while 37.77 % from the Supply Industry in the business of of Machines and Spare Parts of Spinning, Weaving, Wet Processing and the Garment Industry.

1.

Under this scheme Eighteen (18) ITAMMA members participated as per the details given :

Aero Based Control Systems (P) Ltd, Coimbatore. Bluemoon Machines Mfg Co, Surat. Continental Engineering Industries Pvt. Ltd, Gujarat. Excel Industrial Gears, Mumbai. J.C. Tex Mach Marketing Pvt. Ltd, Surat.Jayantilal S. Gandhi & Co, Ahmedabad.

manufacturing and selling

ITAMMA 's participation

Catalogue Display Scheme

1.

2.3.4.

5.6.

Shiva Overseas, Ludhiana.Shivam Engineering & Fabrication Works, Surat.Shree Ram Textile, Ahmedabad.Shreesons, Jaipur.Shrihari Engineering, Tirupur.Sigma Quality Products, Coimbatore.Somet Machinery (India), Ahmedabad.Sonal Industries, Ahmedabad.Spectrum Solutions, Surat.Spin Air Systems Coimbatore Pvt. Ltd., Coimbatore.Sri Banashankari Industries, Bangalore.Srinivasa Textile Equipment Co., Coimbatore.Standon Consultancy Services, Mumbai.Sudarshan Gears, Rajkot.Sujini Machines, Coimbatore.Supreme Industrial Works, Mumbai.Surya associates, Secunderabad.Suryateja Teknologies, Bangalore.Susiram Enterprises, Coimbatore.

Swiss Service Management India Pvt. Ltd., Coimbatore.Tefoc Accessories, Coimbatore.Tex-Fab Engineers (India) Pvt. Ltd., Navi Mumbai.The Best Textile Engineers, Coimbatore.Unirols Airtex, Coimbatore.Unitop Aquacare Evaporation & Drying Systems, Thane.UV Tech, Thane.Vijaytex Corporation, Mumbai.Weavetex Technology & Services Pvt. Ltd., Mumbai.White & Co., Coimbatore.Yamuna Machine Works, Mumbai.Yantra Multi Tech Solutions Pvt. Ltd., Mumbai.Yespee Associates, Coimbatore.Yogesh Dyestuff Products Pvt. Ltd., Mumbai.


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8.9.10.

11.12.

13.14.15.

16.17.18.

Kinarivala Machinery Traders Pvt. Ltd, Ahmedabad. Laxmi Textile Stores, Ahmedabad.Leomine Organics Pvt. Ltd, Mumbai. Sanjay Plastics & Industrial Service, Kota. Savio Texcone Pvt. Ltd, Ghaziabad. Sheltronics Control Systems Pvt. Ltd, Coimbatore. Suprabhatam Textile Equipments, Coimbatore. SKAAT Machines Works India Pvt. Ltd, Coimbatore. Technocraft Industries, Ahmedabad. Techno Rub Industries, Ahmedabad. Texspares Machine Works, Mumbai. Usha Industrial Corporation, Ahmedabad.

The 11th edition of the Dhaka Inteanational Textile & Garment Machinery Exhibition was held from at Bangabandhu International Conference Centre (BICC),Dhaka, Bangladesh. 19

ITAMMA exhibitors participated in the Exhibition to showcase their products.

'DTG 2014' was jointly organized by the Bangladesh Textile Mills Association and Yorkers Trade & Marketing Service Co. Ltd., which received a tremendous response with 850 exhibitors from 31 countries occupying 1020 booths. Among them, 58 were Indian Exhibitors.

BTMA President, Mr. Jehangir Alamin, presided over the inaugural session, while President of Federation of Bangladesh Chambers of Commerce and Industry, spoke as special

guest. In his speech, said that Bangladesh will witness an 8% growth and earn US $ 40 billion within 2 to 3 years.

Due to the close association of BTMA and the strong confidence of the organizers, ITAMMA was offered a complimentary stall No.M1 in the main business building for the third consecutive year, to showcase services of ITAMMA, as well as the products of its members. The trend of visitors registered at ITAMMA stall was 30% from spinning, 20% from weaving,10% from wet processing, and 40% were from garment & apparel industry.

Our observations during this event states that there is a remarkable reduction in the footfall of owners. However, at the same time, managers & technicians have visited in large numbers. Thus it can be said, that the Bangladesh Textile Industry is looking for good component suppliers who visited various small firms involving themselves in the business of accessories, components and trading.

A special 'Catalogue Display Scheme' was organized for its members who were not able to participate in the above Exhibition, and there was an overwhelming response from the following members:

1. A Square solutions, Ahmedabad.2. Aswin Enginers, Coimbatore. 3. Basant Wire Industries Pvt. Ltd, Jaipur.

February 12-15, 2014,

Activities organized at ITAMMA stall

ITAMMA's initiative during 'DTG 2014' for its members:

ITAMMA participates in 'DTG 2014' for the third consecutive year

Mr. Kazi Akram Uddin Ahmed,

Mr. Kazim Akram Uddin Ahmed


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4. Bluemoon Machines Manufacturers Co, Surat. 5. Century Inks Pvt. Ltd, Mumbai. 6. Continental Engineering Industries Pvt. Ltd, Ahmedabad. 7. Dynamic Autolooms India Pvt. Ltd, Ahmedabad. 8. Leomine Organics Pvt. Ltd, Mumbai. 9. Maksteel Wire Healds Pvt. Ltd, Vadodara. 10. Manvi Textile Air Engineers Pvt. Ltd, Mumbai. 11. Monga Strayfield Pvt. Ltd, Pune. 12. Patco Exports Pvt. Ltd, Mumbai. 13. Perfect Equipments Pvt. Ltd, Ahmedabad. 14. Shree Ram Textile, Ahmedabad. 15. Sumanlal J. Shah Sons (P) Ltd, Coimbatore. 16. Suprabhatam Textile Equipments, Coimbatore. 17. Vinit Rubber Works, Mumbai.

Also during the exhibition, the ITAMMA logo was displayed in 15 stalls of the Member-Exhibitors of ITAMMA. A meeting with the Office-bearers of BTMA was organized for ITAMMA members on February 15 , 2014, at BTMA Office, where 12 ITAMMA members attended.

The 'Vietnam Saigon Textile & Garment Industry Fabric & Garment Accessories Expo 2014', was held from April 10-13, 2014, at TinBinh Exhibition & Convention Center (TBECC), Ho Chi Minh City, Vietnam. The expo was organized jointly by VINATEX – Vietnam National Textile – Garment Group, Vietnam Chamber of Commerce and Industry – VCCI Exhibition Service Co. Ltd., and CP Exhibition, which received a tremendous response of 503 Exhibitors from 25 countries. 13 Indian exhibitors, out of which 9 were ITAMMA members, participated in the exhibition.

ITAMMA was offered a complimentary Booth No.6B-22A in Hall No.6 for the second consecutive year. ITAMMA showcased its services as well as the products of its members at its stall.

A special 'Catalogue Display Scheme' was organized for its members who were not able to participate in the above Exhibition, and there was an overwhelming response from the following members:

1. Chandni Textiles Eng. Industries Limited, Mumbai. 2. Continental Engineering Industries Pvt. Ltd, Ahmedabad. 3. Dynamic Autolooms India Pvt. Ltd, Ahmedabad. 4. Excel Industrial Gears Pvt. Ltd, Mumbai. 5. KRSNA Engimech Pvt. Ltd, Ahmedabad. 6. Maksteel Wire Healds Pvt. Ltd, Vadodara. 7. Manvi Textile Air Engineers Pvt. Ltd, Mumbai. 8. Monga Strayfield Pvt. Ltd, Pune. 9. Prashant West Point Machinery Pvt. Ltd, Ahmedabad. 10. Shreejikrupa Exports Pvt. Limited, Ahmedabad.

th

'Vietnam Saigon Textile & Garment Industry Fabric & Garment Accessories Expo 2014’

Activities organized at ITAMMA Booth


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11. Shree Ram Textile, Ahmedabad. 12. SKAAT Machine Works India Pvt. Ltd, Coimbatore. 13. Srinivasa Textile Equipment Company, Coimbatore. 14. Sumanlal J. Shah & Company, Coimbatore. 15. Sumanlal J. Shah Sons (P) Ltd, Coimbatore. 16. Super Tex Industries, Mumbai. 17. Suprabhatam Textile Equipements, Coimbatore. 18. Technocraft Industies, Ahmedabad. 19. Unitech Texmach Pvt. Ltd, Pune.20. Vinit Rubber Works, Mumbai.

Also during the exhibition, the ITAMMA Logo was displayed at 9 stalls of the Member-Exhibitors of ITAMMA. During the Exhibition, renowned identities, Dr. Deepak Mittal, Consul General of India and Mr. Manoj Kumar, Head of Chancery, Consulate General of India, visited the ITAMMA Booth and also had interaction with ITAMMA's Office Bearers & other members.

To coincide with the Vietnam Saigon Textile & Garment Industry Fabric & Garment Accessories Expo 2014, an ITAMMA delegation was lead by President, Mr. Diven Dembla to Ho Chi Minh City from April 8-13, 2014.

The following ITAMMA members participated in the delegation:

1. Mr. Diven Dembla, Managing Director, Precision Rubber Industries Pvt. Ltd 2. Mr. Senthil Kumar, Managing Director, Simta Manufacturing Company. 3. Mr. Kishore Khaitan, Managing Director, Basant Wire Industries Pvt. Ltd 4. Mr. J.M. Balaji, Head – Marketing, Lakshmi Ring Travellers (CBE) Ltd. 5. Mr. Deepak Gajjar, Director, Patco Exports Pvt. Ltd.6. Mr. K. Padmanaban, Vice – President (Sales & Marketing), Precision Rubber Industries Pvt. Ltd.7. Mr. N.D. Mhatre, Director General (Technical), Indian Textile Accessories & Machinery

Manufacturers Association (ITAMMA).

VIETNAM DELEGATION BY ITAMMA MEMBERS

Details of the Delegation

On 7th April, 2014:

On 8th April, 2014:

Visit to INDIAN BUSINESS CHAMBER IN VIETNAM(INCHAM)

Visit to Vinatex Association

Mr. Amit Kumar Saxena of M/s. KBS Global (S) Pte Ltd., Vietnam (Member of INCHAM) and Mr. V.D. Pani, Chief Representative, Indian Overseas Bank, Ho Chi Minh City, Vietnam. Valuable discussions were held on the challenges faced by the Indian exporters while promoting their textile machines and components to Vietnam.Delegates were also able to get clarifications regarding several issues related to banking, trade and commerce, which will help in enhancing their exports to Vietnam.

The delegation interacted with Mr. Le Trung Hai, Vice President, Vinatex, Ho Chi Minh City, Vietnam.Delegates were informed about the Vinatex Group and their future plans.


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The delegation met with Mr. Tran Hoang Thao, Managing Director, Phong Phu Yarn & Thread Co., Ltd., Vietnam, Mr. Tran Van Hoang, Assistant Manager – Open End Factory, Phong Phu Corporation, Ho Chi Minh City, Vietnam, Mr. Pham Trung Cuong, Materials Supply Controller – Open End Factory, Phong Phu Corporation, Ho Chi Minh City, Vietnam, Mr. Nguyen Bao Toan, Assistant Manager, Production Technology Department, Phong Phu Fabric JSC (PPF), Ho Chi Minh City, Vietnam, and Mr. Tran Thanh Huynh, Director of Yarn Factory, Phong Phu Fabric JSC (PPF), Ho Chi Minh City, Vietnam.

The delegation met with Mr. Vu Ngoc Binh, Assistant to General Director, Vietthang Corporation, Ho Chi Minh City, Vietnam and Mr. Bui Dung, Manager of Technical and Purchasing Dept., Vietthang Corporation, Ho Chi Minh City, Vietnam.The Delegation Team visited the above Mills and got an exposure to a vertically integrated textile mill, covering the entire value chain and equipped with the latest technology machinery.

The delegation met with Dr. Deepak Mittal, Consul General of India, Ho Chi Minh City, Vietnam & Mr. Manoj Kumar, Consul (Consular, Commerce & Culture) and Head of Chancery, Consulate General of India, Ho Chi Minh City, VietnamThe Delegates were informed about the economic and political scenario in Vietnam and were also given insights into the opportunities available for Indian exporters to the Vietnam market.

A Networking Dinner was organized by ITAMMA for ITAMMA member-exhibitors & the Entrepreneurs/Industrialists from the User Inadustry on 10th April 2014. About 50 persons attended at Hotel Movinpick. During the Event, Mr Diven Dembla welcomed the Invitees & ITAMMA members with a Welcome Speech

Visit to Phong Phu Yarn & Thread Co., Ltd.,

Visit to Vicotex Mills

Visit to Consul General of India at

The Delegates introduced their Company and range of products manufactured & marketed by them.On 9th April, 2014:

10th April 2014

On 11th April, 2014:

Ho Chi Minh City, Vietnam

ITAMMA 's strong participation at 'INDO inter TEX 2014’The 12th Indonesia International Textile and Garment Machinery & Accessories Exhibition was held from April 23-26, 2014 at Jakarta International Expo – Kemayoran, Jakarta, Indonesia. ITAMMA was the only Indian association that participated in the 12th edition of 'INDO inter TEX 2014, organized jointly by PT. Peraga & Nusantara Jaya Sakti, Indonesia. The exhibition received a tremendous response from 807 exhibitors from 25 countries, including 41 Indian exhibitors out of which 23 Exhibitors were ITAMMA members.

The ITAMMA delegation team were invited by the Indian Business Chamber in Vietnam (INCHAM) to attend the INCHAM Networking Night at Sherwood Residence, 127 Pasteur St., Dist. 3, Ho Chi Minh City, Vietnam.Mr. N.D. Mhatre, Director General (Tech), on behalf of ITAMMA, attended the meeting and had interactions with various executives present during the meeting.


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ITAMMA showcased its services as well as the products of its members at Stall No.49 in Hall D2. The trend of visitors from the textile industry registered at ITAMMA Stall was 52% from Spinning, 23% from Weaving, 12% from Wet Processing, and 11 % were from Garment Apparel Industry & others.

A special 'Catalogue Display Scheme' was organized for its members who were not able to participate in the above Exhibition and there was an overwhelming response from the following members:

1. Continental Engineering Industries Pvt. Ltd, Ahmedabad. 2. Dynamic Autolooms India Pvt. Ltd, Ahmedabad. 3. Excel Industrial Gears Pvt. Ltd, Mumbai. 4. KRSNA Engimech Pvt. Ltd, Ahmedabad. 5. Maksteel Wire Healds Pvt. Ltd, Vadodara. 6. Manvi Textile Air Engineers Pvt. Ltd, Mumbai. 7. Patco Exports Pvt. Ltd, Mumbai. 8. Sanjay Plastics & Industrial Services, Kota. 9. Shiva Engineering Works, Ahmedabad. 10. Shreejikrupa Exports Pvt. Ltd, Ahmedabad. 11. Shree Ram Textile, Ahmedabad. 12. Srinivasa Textile Equipment Company, Coimbatore. 13. Sumanlal J. Shah & Company, Coimbatore. 14. Sumanlal J. Shah Sons (P). Ltd, Coimbatore. 15. Sunrise Industries, Ahmedabad. 16. Suprabhatam Textile Equipments, Coimbatore. 17. Technocraft Industries, Ahmedabad. 18. Texspares Machine Works, Mumbai. 19. Unitech Texmach Pvt. Ltd, Pune. 20. Vinit Rubber Works, Mumbai.

Also during the exhibition, the ITAMMA Logo was displayed at 23 Stalls of the Member-Exhibitors of ITAMMA. During the Exhibition among the renowned identities, Mr Rakesh Kumar Arora, First Secretary from the Indian Embassy at Indonesia, visited ITAMMA Stall and also had interaction with ITAMMA's Office Bearers & other members.

A Networking Dinner was organized by ITAMMA, for ITAMMA member-exhibitors & the Entrepreneurs/Industrialists from the User Industry on 23rd April 2014, at the Sunlake Hotel in Jakarta . Mr Diven Dembla, President, ITAMMA , welcomed the guests & ITAMMA members. About 90 participants attended the event, which was clubbed with a Catalogue display of about 32 members.

User industry importers of capital goods under EPCG are allowed duty free import of spares but indigenous manufactures supplying the some spares do not enjoy such duty exemption. This puts an adverse burden on local manufactures when competing with international suppliers.Local manufactures should be allowed deemed export benefit under form CT-3 of Excise for sale of spares machines imported under EPCG license.Collecting “C” forms from parties is a herculean task and penalties for non-submission are heavy on the supplier, while the user enjoys the benefit. To make the CST regime GST compatible and avoid unfair burden on manufacture, it is proposed that requirement of “C” forms be abolished and replaced with a document generated online to supplier, by the buyer's VAT

ITAMMA's suggestion for the UNION BUDGET 2014 - 15?

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Commissionerate, when supplier fills up the online application providing the buyer's details and TIN number and his own Invoice & dispatch details. This document would certify that the buyer is currently a registered dealer. Since that purpose of “C” form is merely to certify that sale was made to a registered dealer in another state, this mechanism would serve this purpose effectively and simply.The government should either reduce excise duty on textile machinery & spares to 4% or apply a nominal 2% excise duty on all currently exempted textile items to ensure the CENVAT chain is not broken. The CENVAT credit availed on inputs will ensure that there is no additional tax liability on textile units and this will also facilitate easier implementation of GST.Institute a Rs. 500 Crs. Technology Upgradation Fund (TUF) for TEI on similar lines as for thetextile industry. This will fund acquisition of new technology & machinery, innovation and R & D, as well as joint ventures with leading textile machinery manufacturers from abroad.Second hand machinery should be removed from the eligibility under the TUF scheme for textile industry, as it affects the local TEI development adversely. Since used machinery is very cheap, there is no need for concessional financing to improve its feasibility.To promote aggressive marketing for export, MDA for textile machinery & spares must be raised to Rs.2.5 lakhs instead of current Rs. 1.5 Lakh limit.It is recommended to waive off the Custom Duty on the Machines which are brought to India for R & D purpose, and the same are taken back to their respective Countries after the appropriate Research/Trials. Presently the duty structure depends on the duration for which these machines are kept in India.

Every generation has men who leave their footprints on the sands of time, and act as beacons of light. Bhailalbhai Shah was among such people. Shri Bhailalbhai Shah, popularly was known as B.A. Shah in the textile fraternity all over the country. Bhailalbhai groomed this Association since its infancy. Our Association owes its premier position to this staunch social worker and great philanthropist. Bhailalbhai was instrumental in enrolling a large number of members from Ahmedabad, thanks to his long association with the industry in this city. He surpassed every record for enrollment in the Golden Jubilee year of the Association.

Bhailalbhai Shah was associated with the Indian Textile Accessories & Machinery Manufacturers' Association for more than two decades. He was elected as 37th President of the Association in the year 1992-93 and was also the Honorary Member of the Association. The Golden Jubilee of the Association was celebrated during the tenure of his Presidentship on a grand scale. He was a continuous source of inspiration and a guiding force to the Association in its activities and continued progress.Shri B.A. Shah was equally devoted to the welfare of the poor & downtrodden people of society by taking a lead in their upliftment through the Digvijay Lions Foundation Project, known as “Manav Seva Mandir” at Ahmedabad.In spite of his age and failing health, he was very keen to attend all the meetings and events conducted by ITAMMA, and invariably gave his advice and opinion on various matters that were discussed at the same.

“ MAY HIS SOUL REST IN PEACE “*****************

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B A Shah (Obituary)


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