The spinning industry in Tamil Nadu is set to make compact yarn thereby entering the global market. As per reports, the states’ mills are not new to compact yarn manufacturing, with about 38 lakh spindles with compact attachment. A majority of compact retrofits in the state are supposed to be of German make, which is soon going to change as members of Indian Texpreneurs Forum (ITF) would be signing a trial order with H-Fang, a Chinese manufacturer. This is going to be a cost effective compact technology. In the first phase, Forum members have palced and order of 50,000 spindles in 37 mills with H-Fang. Later, they would increase it to 10 lakh spindles, after the trial run.
Gao Yong, General Manager, H-Fang mentioned that China was eager to import yarn of 60 counts and below from India. Yet, the domestic sector, at present, does not seem to forthcoming as the rates here at present are supposedly better than the export rates.
In spite of this, S Vaidyanathan, Director, Dogetech Group feels that the Indian textile industry will have to look at compact yarn in the near future as it is perceived that it will be the one in demand in three years form now.
