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exclusive By K. Gopalakrishnan Kirloskar Toyoda Textile Machinery Private Ltd. (KTTM) will shortly reach another important milestone of selling three million spindles. Although the company has been associated with the Indian textile industry for more than a decade and a half, much of its growth was achieved in the last five years, says Mr. T. Parabrahman, KTTM Managing Director. 26 | The Textile Magazine jANUARY 2012
exclusive Mr. T. Parabrahman, Managing Director, flanked by Mr. Mr. Masafumi Kunito, Deputy Managing Director (left), and Mr. Ashok Juneja, Associate Vice President (Marketing), KTTM The first millionth spindle was handed over to the Vardhman Group and the second millionth spindle to Loyal Textiles. Both achievements were made in the last seven years. Despite volatility in the textile industry, KTTM has been making steady progress in the Indian market. The company has plans to expand capacity, add new products, improve on the production systems and offer new technologies to customers. Mr. Masafumi Kunito, Deputy Managing Director of KTTM, says: “We are implementing Toyota Production System (TPS) and creating for the first time the concept of factory showroom. This is expected to tremendously improve our productivity”. Currently, KTTM has an installed monthly capacity to manufacture 20,000 spindles but is already operating at a capacity of 30,000 spindles per month. It is targeting sales of 360,000 spindles in 2011- 12. With minimal investments and with the implementation of TPS it will able to increase its capacity to 40,000 spindles per month, says Mr. Parabrahman. There are different estimates of the installed spindleage in India, but the most reliable estimates indicate around 50 million spindles in all. Annually another three million spindles are added or replaced. This offers a huge opportunity for KTTM for future growth. On the current recession, Mr. Parabrahman says: “It is very clear that the spinning industry has gone through an extremely bad phase for about 6 to 8 months. However, most of our customers are quite new. I believe the market will swing back by the middle of this year. Companies like KTTM have understood the phenomenon of these wild swings. Our partners in the supply chain also respond to these fluctuating trends. We work with over 135 component suppliers, and we take care of them during the good and bad times”. KTTM currently offers the popular RXI 240 series of spin frames. In the last couple of years, over 90 The Textile Magazine jANUARY 2012 | 27
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