SGCCI submit demands related to QCO
The meeting was organised by the ministry, and various stakeholders were invited to discuss issues. The meeting was chaired by the commissioner of textile, M Beena.
Representatives from textile machinery manufacturers and user industries from across India, the Confederation of Indian Textile Industry (CITI), SGCCI, and others were present at the meeting. SGCCI was represented by vice president Ashok Jirawala, former presidents Vijay Mewawala and Ashish Gujarati, who submitted recommendations.
It was suggested to the ministry that Europe, China, and Japan are the global leaders in textile machinery. To develop the textile machinery industry in India, it is necessary to study two factories each from Europe and China, and one from Japan. The study should cover how these manufacturers determine parameters for textile machinery design, the standard operating procedures they follow for manufacturing, the kind of facilities and locations they have for making machine components, if they have intellectual property protection for their sub-assemblies and components, and whether they have in-house laboratories to test machine performance parameters.
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SGCCI suggested forming a task force to conduct this study, which should include members from the user industry as well. Additionally, to reduce the import of textile machinery, the SGCCI submitted suggestions that 100% Foreign Direct Investment (FDI) approval should be given to top-level global original equipment manufacturers to start manufacturing in India. The central govt should formally invite them.
SGCCI further suggested a production-linked incentive scheme should be introduced specifically for textile machinery manufacturing.
Research and development facilities of large Indian companies should be leveraged to design world-class textile machinery in India. Manufacturing should take place through joint ventures with Surat's textile manufacturers.
GST on textile machinery should not exceed 12%. Regarding impact assessment, the SGCCI stated that any funds utilised for the development of textile machinery in India should be evaluated by comparing the value of machinery developed domestically and the subsequent reduction in imports against the funds spent.
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