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Elgi designs air audit programme to help textile mills save on energy cost

Related Keywords: Coimbatore based air compressor manufacturing major, demonstrate real savings on energy, designed comprehensive programme on air audit, Elgi Equipments Ltd, energy conservation, focus for textile mills, Indian Texpreneurs Federation, joined hands, rising energy cost

The Coimbatore-based air compressor manufacturing major Elgi Equipments Ltd has joined hands with Indian Texpreneurs Federation (ITF) and designed a comprehensive programme on air audit, to demonstrate the real savings on energy. As energy conservation has become a focus for textile mills with the rising energy cost.

Anvar Jay Varadaraj, Head (Marketing and Corporate Communications), Elgi Equipments said that the most expensive component in the total cost of compressed air is energy.

Texpreneurs forum urge for fibre policy to make the spinning sector in India more competitive

Related Keywords: cotton, cut in excise duty, cut in import duty structure, differential taxation, global demand for fibre, Indian textile industry, lop sided fibre, MMF, rising energy cost, synthetic fibre, Texpreneurs Forum

The Indian textile industry is facing hurdle on account of differential taxation, rising energy cost, lop-sided fibre and trade policy. And this is at a time when the global demand for fibre – both cotton and MMF (man-made fibre) is on the rise.

Stakeholders have sought a cut in the excise and import duty structure for synthetic fibre to deal with the trend. It wants the excise duty to be lowered from the prevailing 13 percent to 4 - 5 per cent and the import duty from 28 percent to 2 - 3 percent.

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