TurboTech Precision Engineering

On International MSME Day, senior government officials and industry experts convened in Surat to emphasize the critical need for low-carbon technologies and accessible financing opportunities for the city's textile MSMEs. The workshop, themed ‘Energy-Efficient Technology and Finance’, was organized by the Gujarat Energy Development Agency (GEDA), Gujarat Pollution Control Board (GPCB), South Gujarat Textile Processors Association (SGTPA), and WRI India. The discussions underscored the importance of sustainability in the textile sector as a key driver for India to achieve its Net-Zero target by 2070. The textile MSMEs in India are significant contributors to carbon dioxide emissions, generating approximately 2.7 billion tonnes annually—equivalent to the emissions from 230 million passenger vehicles. However, initiatives like the Perform, Achieve and Trade (PAT) scheme by the Bureau of Energy Efficiency have successfully reduced car...

The global textile industry is at a pivotal moment, with India standing as a titan of the sector. Holding a commanding 4% of the global market, India’s textile industry is a vibrant blend of tradition and modernity. Employing over 65 million people, it contributes significantly to the economy—accounting for 2.3% of GDP, 13% of industrial output, and 12% of export earnings. TurboTech is at the forefront of this dynamic industry, driving innovation and sustainability as we expand our global reach. Thriving Global Market The global textile industry is experiencing remarkable growth, projected to reach $1.23 trillion by 2025. Key players are expanding their market presence and driving innovation to meet evolving consumer demands. India: A Powerhouse India, a major player, holds 4% of the global market, employing over 65 million people. Key drivers include technological advancements, government support, and sustainable practices. Key Regions Asia-Pacific: Dominates with cost-effective produ...