TEXTILE MACHINERY MANUFACTURERS’ ASSOCIATION (INDIA)
Proceedings of the 54th Annual General Meeting of the Association
held at 7.00 p.m. on Wednesday, 27th August, 2014 at Sunset Lounge,
Pool Level, Hotel Trident, Nariman Point, Mumbai 400 021
The list of members who attended the meeting is given in Annexure „A‟.
Mr. Prakash K. Bhagwati, Chairman of the Association conducted the meeting.
Mr. Prakash Bhagwati extended a hearty welcome to the Chief Guest Padma
Bhushan Dr. T. Ramasami, Former, Secretary, Department of Science and
Technology, Government of India, the Guest of Honour Mr. Yogesh Kusumgar,
President & CEO, Kusumgar Corporates Pvt. Ltd., Mumbai and other dignitaries
present to the 54th Annual General Meeting.
The Chairman thanked Dr. Ramasami who in spite of his busy schedule agreed
to grace the occasion as the Chief Guest and to present the Export Promotion
and R&D Awards to the winners.
He also expressed his sincere thanks and gratitude to Mr. Yogesh Kusumgar for
accepting TMMA‟s invitation to be the Guest of Honour.
He then introduced the Chief Guest to the audience.
Padma Bhushan Dr. T. Ramasami holds a Master's degree in Leather
Technology from the University of Madras, India and PhD in Chemistry from the
University of Leeds, UK. He had worked on energy research in Ames Laboratory
Iowa, USA and on electron transport phenomena in the Wayne State University,
USA prior to returning to India for undertaking his scientific career. He joined the
Central Leather Research Institute, Chennai as a Scientist in 1984 and served as
its Director for more than 10 years during the period upto May 2006. He is known
among the scientific establishments in the country for his outstanding leadership
to the Central Leather Research Institute which made the institution earn a global
Dr. Ramasami had served as the Secretary, Ministry of Science & Technology in
the Government of India from May 2006 to April 2014. He was engaged in the
development of policies and programs for attracting of talents for study and
careers with science, rejuvenation of research in universities, stepping up of
international Science & Technology cooperation, development of public-private
partnerships in R&D sector and accountability of public funded research,
development and demonstration.
Dr. Ramasami has a large number of publications to his credit in highly peer-
valued journals and significant number of patents, which are under commercial
exploitation. He has made some important contributions in the fields of inorganic
chemistry as well as chemical and leather related technologies. His contributions
to the understanding of the chemistry and applications of chromium as well as
leather science and environment related technologies have earned him several
professional recognitions in both India and abroad. These include the Shanti
Swarup Bhatnagar Prize for chemical sciences in 1993, election to all major
science academies as a fellow as well the Third World Academy of Sciences and
the National civilian award Padma Sri in 2001. Recently he has been awarded
Padma Bhushan for his contribution to Science and Technology in 2014.
Mr. Prakash Bhagwati also expressed his sincere thanks and gratitude to Mr.
Yogesh Kusumgar, President & CEO, Kusumgar Corporates, Mumbai, who has
agreed to be with us on this occasion as the Guest of Honour.
He briefly introduced the Guest of Honour to the audience.
Mr. Yogesh K. Kusumgar was the Principal and Head of Mechanical Processing
Department at SASMIRA. He started his own business in the year 1970 and is
the promoter of Kusumgar Corporates Pvt. Ltd., Mumbai. He commenced his
business activity with Filter Fabrics but promptly shifted to critical Aerospace
Textiles including Parachute Fabrics for various applications such as Man Drop
Parachutes, High Altitude Parachutes, Brake Parachutes, Cargo Drop
Parachutes, Sea Mine Parachutes, Illuminating Parachutes etc.
He was conferred “National Award for Indigenization – 1994-95 “for
indigenization of Brake Parachutes for MIG Aircraft. He expanded NBC
protective clothing, High Altitude Textiles, Aerospace Textiles, Balloon fabrics,
Inflatable Textiles etc. In the area of Non-defence Technical Textiles, he engaged
in coated fabrics, medicinal textiles, Geotextiles etc.
Mr. Kusumgar indigenized ballistic resistance fabrics made from Poly Aramid
yarns (Kevlar/Twaron) which has been accepted by local and international
authorities. Today, his Company, Kusumgar Corporates Pvt. Ltd. is recognized
as a pioneer in Technical Textiles in India.
He has published and presented more than 21 Technical Papers on different
aspects of Technical Textiles at various conferences, seminars and workshops.
He is a Member of Parachute Industry Association (PIA), USA. He is also a
Member of Committee of Bureau of Indian Standards (B.I.S.) and Member of
Steering Committee for Growth & Development of Technical Textiles (SCGTT),
under the Ministry of Textiles, Govt. of India.
His vast experience in the area of technical textiles and sharing of his experience
would help us to identify opportunities in this unexplored as well as exciting new
In his welcome address, the Chairman Mr. Prakash Bhagwati enumerated the
role of the Association that has transformed the textile engineering industry in the
post-reform era of approaching Governments for concessions and reliefs to
initiating measures to revitalize the industries, market studies and exploration,
expanding the horizon for accelerated modernization and R&D promotion.
He touched upon the state of the economy and the industrial growth achieved
during the last two years, witnessed lowest GDP Growth rate in this decade. It
was 4.5% for the year 2012-13 and 4.7% for the year 2013-14. Inflation has
remained during this period stubbornly high at a dangerous level of 9.49% on an
average basis. Policy basic rate of Interest therefore was raised to 8% by RBI to
tame inflation. This high cost of capital has seriously effected investment in
capital goods. Textile industry was badly hit as demand on account of high
inflation had not grown at all. We, however, have witnessed in recent past
growing of green shoots and we have started believing in the election promise of
our Prime Minister that “Good Days are here to come.”
Referring to the status of Textile Engineering Industry (TEI), he stated that the
TEI were collectively having a production capacity of approx. Rs. 9,000 crore with
over 1400 units spread all over India. Capacity utilization is approx. between 55%
He informed that the total requirement/demand from our customer industry was
Rs.14,000 crore. The area of concern was that more than 55% to 60% of the
requirement was met through imports. Out of huge imports of textile machinery
aggregating to approx. Rs.9,000 crore more than 20% of the same was in form of
used machines. As textile industry was very fragmented and major part of the
same been in unorganized sector, new investments in equipment did not give a
competitive edge against global players like China, Pakistan and Bangladesh.
Mr. Bhagwati informed that India has huge potential to become a large player as
China in textiles. India ranks amongst the top three countries as far as cotton
production was concerned. Trained manpower was in abundance and had the
benefit of home market where consumption was steadily growing on account of
increasing income. The TEI should have to attain this status and it would need to
focus all its energy on Innovation and Excellence.
He stated that more than 80% members of TMMA are SME units and because of
resources constraint would not be able to undertake R & D efforts on sustained
basis, neither they would be able to invest into a dedicated facility for quality
assurance & training.
The Chairman added that TMMA have been playing the facilitator‟s role & with
financial support in the form of grants, TMMA together with its members have got
involved in various projects which would bring in desired sustainability to our
efforts to attain world class quality standards. He complimented Department of
Heavy Industry who have continuously encouraged us in realising our goals of
creating a stable infrastructure necessary for acquiring excellence in TEI.
He informed that for promoting innovation and Research & Development
following projects have been undertaken:
1) Development of High Tech Shuttleless Loom in India
TMMA has proposed for development of high speed high tech shuttleless rapier
loom of international standard through a consortium of 5 manufacturers of
shuttleless loom in the country with technical guidance and support from Central
Manufacturing Technology Institute (CMTI), Bangalore. A tripartite agreement
would be signed in presence of DHI officials with CMTI Bangalore and the loom
Development Consortium. The total project cost had been estimated at Rs.20
crore. The Government assured 90% funding for this project under PPP mode.
2) Common Facility Centre (CFC) for industry members for imparting
excellence to their products.
Mr. Prakash Bhagwati stated that for material testing, seeking third party quality
checks, technical & management training facility CFC would prove very beneficial
to Surat based SME units. TMMA in association with Surat Engineering Vikas