Wednesday, May 29, 2013

Modi SOS to China to Set Up Textile Spinning Factories – Exclusive
May29, 2013

It is most shameful for Gujarat where first Textile Mills were
installed 1861 has failed to process even 10% of its cotton in to
Yarn, Cloth and Garments in desperation has Invited Chinese Companies
to invest in Gujarat. Since Gujarat processes only 10% of Cotton
produced in to Yarn, Textiles and Garments and produces 35% of Cotton
in India – Gujarat actually processes only 3.5% of cotton in India.

Self Styled DESH-BHAKTS reduced to two other Bimaru states MP and
Chhatisgarh can’t think of Inviting Indian Companies. His
Confrontationist Attitude – Always Creating Mischief Like Sreesanth
Doesn’t Impress Anyone. All BJP Leaders at Center behave like
Scoundrels – Raman Singh and Shivraj Chauhan are the only soft faces
of BJP both Chief Ministers of Chhatisgarh and MP.

I am in favor of China investing in India in Projects that generate
employment where Indian Industry is not interested.

Even the New Textile Policy called ‘Navi Gujarat Vastraniti’ providing
substantial additional incentives to already provided by India
government in its policy.  Vibrant Gujarat Summits committing
investment of 25,000 crores and 20,000 crores 2011-2013 didn’t
materialize.

Addition incentives by GoG are mainly 5% interest subsidy for 5 years
and Rs.1 per unit power subsidy – this could translate to 30% of
project cost.

Earlier Modi ignored Cotton Farmers and Cotton Industry favored Tata,
Ambani, Adani etc now Industry Ignores Gujarat these days. Modi was
happy exporting Cotton to China than processing in India.

But when there ‘Drought of Investment’ and Growth rate dipping to 13th
Rank Modi desperately seeks China Textiles to invest in Gujarat.

http://en.wikipedia.org/wiki/Textile_manufacture_during_the_Industrial_Revolution
During the second half of the 17th century, cotton goods were imported
from India. Because of the competition with the wool and the linen
industries, in 1700, the government placed a ban on imported cotton
goods. >>>> The savings that could be made with this technology were
considerable. A worker spinning cotton at a hand-powered spinning
wheel in the 18th century would take more than 50,000 hours to spin
100 lb of cotton; by the 1790s, the same quantity could be spun in 300
hours by mule, and with a self-acting mule it could be spun by one
worker in just 135 hours

In the 19th century, the textile and garments industry received strong
capital investment. On 30 May 1861 Ranchhodlal Chhotalal founded the
first Indian textile mill, the Ahmedabad Spinning and Weaving Company
Limited, followed by the establishment of a series of textile mills
such as the Calico Mills, Bagicha Mills and Arvind Mills. By 1905
there were about 33 textile mills in the city

http://beta.sgcci.in/upload/files/GOG_TEXTILE.pdf
[It is observed that besides the quality production of cotton, Gujarat
is quite strong in
Ginning both in terms of Technology & Productivity. But due to non
availability of
Spinning activities, over 90% of Gujarat cotton goes either for or to
other state for further value addition. Therefore, there is a need to
transform the State Cotton Industry as the leader in manufacturing of
yarn, fabric and garment with a policy to work on five F's - Farm,
Fibre, Fabric, Fashion (Garment) & Foreign (Export). In the export
front, Government of India has already earmarked Ahmedabad, once known
Manchester of India, as Town of Export Excellence in Textile.]

BS article on MoU in Textile Sector annexed

Ravinder Singh
Inventor & Consultant
Progressindia008@yahoo.com

Textile industry reaches out to China
Chitra Unnithan TNN

Ahmedabad: India’s new beginning with China is getting a push from
Gujarat, courtesy the state’s textile industry. In order to spread the
word on the new textile policy, Gujarat government has extended an
invitation to the textile capital of China—Shaoxing City.

    Recently, the India China Economic & Cultural Council (ICEC)
presented a letter, written in hand embroidered textile handicraft of
Gujarat, to the mayor of Shaoxing to visit Gujarat. A delegation of
Chinese textile companies is also expected to visit next month.

    “As there are several Chinese companies that are keen on setting
up units in Gujarat, there is a need to spread the word on the
policy,” said Jagat Shah, chairman, ICEC-Gujarat, who handed over the
invitation.

    Shaoxing city in Zhejiang province of China is considered as the
centre of the Chinese textile industry and the biggest textile base of
Asia. Chinese companies have expressed interest in setting up units in
the state with huge increase in the production of cotton in Gujarat.
The textile industries of China are working out strategies to set up
their units in the state to reduce the cost on transportation of raw
material as well as finished products.

    As part of their visit to Gujarat, Chinese companies will meet
officials of the state government on the new textile policy of the
state. A visit to the textile companies in Ahmedabad and Surat has
also been planned along with meetings with research and development
institutions like ATIRA and trade associations in the state. ICEC has
also organised a seminar in Ahmedabad to encourage partnership of
Chinese companies with Gujarat-based companies.

    Keeping the border tension aside amid the brouhaha in India over
the Chinese incursions in Ladakh, Gujarat has decided to forge
business ties with its Chinese counterparts.

    Chinese Premier Li Keqiang arrived in India on Sunday on a
three-day state visit, his first overseas trip after assuming office
in March. Li held talks with Prime Minister Manmohan Singh on a string
of issues including the recent border row.

Ravinder Singh
Progressindia008@yahoo.com

No comments:

Abe to dissolve the Lower House of the Diet ON  SEPTEMBER 25, 2017  BY  NARESH SAGAR LEAVE A COMMENT EDIT Japanese Prime Minister Shi...