How Signing of Trade Agreements with Australia Benefits Indian Textile Industry

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Introduction

• Early last month, the much talked-about ECTA
  between India and Australia was signed
• It is expected to boost total trading volume
  between the two countries to almost 50 billion
  by the next 5 years
• The Indian business economy and the textile
  handloom sector in particular
• All Industries are set to benefit in a big way
  from this agreement.

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REMOVE MAJOR EXPORT OBSTACLES

• For home textiles manufactured in India, the
  Australian markets present excellent
  opportunities
• Thanks to the ECTA, Indian textile exports to
  Australia would go up in a big way
• Nearly 90 apparel products and 70 textiles in
  general have a 5 duty levied on them
• This import duty places exports from India at a
  major disadvantage
• The ECTA is expected to eliminate this obstacle,
  and foster trading activities.

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2. GREATER DEMAND TO FUEL EMPLOYMENT

• As textile exports from India to Australia are
  encouraged, more manufacturing units are expected
  to come into existence
• The Indian textile sector already offers direct
  employment to almost 50 million individuals
• The growth in the employment potential of the
  Indian textile sector is expected to be fueled by
  this rising investment
• With the establishment of more production
  facilities the textile industry ecosystem will
  grow stronger.

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3. THE TEXTILE SECTOR IS BECOMING FINANCIALLY
REWARDING

• The ECTA between India and Australia will bolster
  production, exports and international sales
• The onus will be on textile manufacturers to
  deliver quality-optimised and customised products
  at scale
• According to reasonable estimates, the total
  revenue from textile exports from India can go up
  by 3X
• The total monetary value of exports of products
  to Australia, will go up significantly as well.

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4. EVENNESS PROPER FIBRE ORIENTATION

• On average, there can be upto 40K fibres in each
  cross-section of the original sliver
• To make sure that the fibres are properly aligned
  choose sliver handling system with high sliver
  capacity
• The doffing cycle is significantly reduced and
  the overall workflow becomes a lot more seamless
• Mills also have to choose the spinning cans with
  robustness and capacity to counter excessive
  stress fatigue

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5. INCREASE IN PRODUCTION EFFICIENCY QUALITY

• According to leading players from the yarn
  manufacturing the ECTA will help the HDPE sliver
  can manufacturing sector to evolve
• Apart from opening up opportunities for Indian
  textile companies to get acquainted with the
  latest, cutting-edge technology
• As manufacturing standards go up, the
  acceptability of Indian textile products in the
  global markets will also increase considerably

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Jumac smart can technology is presented in a
comprehensive and user-friendly way to facilitate
the operations. Utilization of this smart can
technology will be a core competence of the mills
in the near future, adding a competitive edge.

• - From an expert

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Thank You!

• Contact us
• Jumac Manufacturing
• 21, C.R. Avenue,
• Kolkata - 700071,
• India

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