Jogindra Industries Pvt Ltd is an eminent organisation based in New Delhi, which endows an exceptional assortment of textile dyeing and processing machines. The company aims at providing maximum customer satisfaction with high quality services via offering the most comprehensive range of machines, namely: HTHP Horizontal Tubular Dyeing Machine, HTHP Vertical Dyeing Machine, HTHP Vertical Tubular Dyeing Machine, HTHP Multipot Sample Dyeing Machine, Multi Colour Space Dyeing Machine, Glycerin Bath Beaker Dyeing Machine, Yarn Conditioning Machine/Heat Setting Machine, Hydro Extractor, Hot Air Drier and more of such products including the accessories of the same.
Harmeet Singh, Director, Sales & Marketing of Jogindra Industries Pvt Ltd, speaks to ITJ.
What are the latest innovations happening in the textile dyeing niche? Are dyeing units in India adapting to modern machines? How sustainable is the Indian textile processing industry?
We at JOGSON are on the verge of introducing new variant of our machine, which will save up to 30 per cent energy and dyestuff. All major innovations are always to reduce the process cost because once the buyer gets to know that by using such a product the customer can increase the profit by reducing the process cost, he will straight away invest in your product without any second thought.
Yes, dyeing units in India are adapting to modern machines without looking back towards old technologies. Today’s customer is totally clear with a thought of buying a feature-rich machine with maximum automation to reduce the human dependency.
What is the annual R&D budget at Jogson?
As the experienced and esteemed team of R&D at JOGSON is always after experimenting new things in the technical field of dyeing and processing machines, so we have a rule of allocating 8-10 per cent of the sale of previous year towards them.
How do you see the Indian textile industry evolve in terms of technology by 2020?
As we can see acceptance of digital technology is getting increased day-by-day. Technology has become an inevitable part of consumer lifestyles. The increasing access to the Internet, at a more-affordable cost, and the higher penetration of digital devices has influenced consumers’ buying patterns substantially. Today’s consumer has a very clear mindset of buying latest technology and we at JOGSON also push people to go for high-end models of machinery because automation makes a lot of things easy which is possible if done manually.
So, Indian textile industry has got a lot of potential, and manufacturers including us are strongly working on technology to introduce machines/products equipped with latest technologies by which we can make the end user happy.
What is the rate at which your company is growing? What is the target set for the next two years?
In the last two fiscal years, the graph of growth is going up day by day and post ITME 2016, we have got many big projects by which I can say that JOGSON is at a rising mode. Hopefully, in next two years we will touch more heights.
How do you deal with paucity of skilled personnel in your segment?
India missed out on a golden opportunity post the phasing out of quotas in early 2000s. Once again some more doorways have opened for India with the rising cost of labour in China specifically and other issues elsewhere. There are top three to five points that India and the industry collectively need to take so that we don’t miss out on the opportunity again.
Which are your major markets for tubular dyeing machines?
Considering Indian markets, our major markets for tubular dyeing machines are of northern and extreme southern regions. If it is about out of India, then Europe, Bangladesh, Sri Lanka and Vietnam are the areas where there is a high demand of our tubular dyeing machines.
How do you think the announced GST will impact the textile industry and your business?
It is going to affect the textile industry, as the announced GST rate is way different than the existing tax rates. So, in all means, the end user is going to get affected majorly as the cost of finished products will go at the higher side.
As per my understanding, small-scale industrialists who currently are not running their industries under Excise will be highly affected due to major change in rate of tax. Regarding impact on our business, it will leave a bit bad impact initially as a small investor who is having a plan to set up dyeing or process unit will have to think several times before investing, considering the announced rate of tax, but obviously that impact won’t be a major one for us.