Page 36 - The Textile Magazine May 2012

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The Textile Magazine
MAY 2012
weaving plants from all over the
world to different countries in the
Far East such as Indonesia, Thai-
land, Bangladesh and India.
Texcoms started its journey with
MSA Bangladesh, a well known
spinning unit in the country. Tex-
coms has supplied quality second-
hand machines and nearly 150,000
spindles to this single customer.
MSA, after seeing rapid growth
within the spinning industry, when
wanting to expand its operations
and production capacity, a major
chunk of business was bagged by
Texcoms as repeat orders. This has
been the biggest milestone for the
company and its super-efficient and
dedicated team of employees.
During the purchase of second-
hand machines, clients are very
sceptical as to whom, either OEM
or agents, would provide after-sales
and service solutions. This has been
one of the key points of Texcoms,
where it provides complete solution
from layout, installation, commis-
sioning and transfer of knowledge.
The company has set up electronics
repair stations in Indonesia, Malay-
sia and Bangladesh to test and cer-
tify the quality of the circuit boards
and other related devices before
supplying to the customer.
The company was started with an
initial investment of $100,000. The
rich knowledge and exposure of the
textile market has helped Texcoms
to cross hurdles and achieve a mas-
sive turnover of $30 million within
5-6 years since inception.
Managed by experienced textile
professionals, Texcoms provides
advice in liquidation of movable
assets, from closed textile factories,
on behalf of banks and insurance
companies. Being a service-ori-
ented company, it has warehouse
facilities strategically located in
Indonesia, India, Bangladesh and
Thailand to render highest quality
in customer satisfaction.
Texcoms’ spareparts and acces-
sories division represents a number
of clients, both Indian and global
brands, to provide quality after-
sales service to its customers. Preci-
tex, Simta and Unirols are a few of
the Indian companies represented
by Texcoms in Indonesia.
Texcoms’ spareparts and acces-
sories division represents a number
of clients, both Indian and global
brands, to provide quality after-
sales service to its customers. Preci-
tex, Simta and Unirols are a few of
the Indian companies represented
by Texcoms in Indonesia.
Texcoms Collective Believe
Systems, with very strong core
values in practice, always help
them to come out with new busi-
ness models. Their new concept
of managing spinning factories on
behalf of owners, banks and finan-
cial institutions is picking up very
fast in new markets, and soon this
would become the growth driver for
the company and the team.
The parent company in Singa-
pore, Eastern Ghats International
Pte. Ltd., which manages the global
presence of Texcoms, has been
selected for an award – Promising
SME 500 2013. This award would
help it in a big way to obtain good
bank support and further motivate
the team to take the company to the
next level.
w
textile machinery
Mr. Senthil Kumar, Director, Simta, said: “We have been
associated with Texcoms for more than a decade for our
Indonesian business. We are very happy with our business in
Indonesia. Our relationship with them is beyond business and
more of personal partnership. We appreciate and feel proud
that an Indian company is doing very well overseas with the
confidence of foreigners. We wish them all success.”