By Ganesh Kalidasan
PT. Texcoms, an entity that came into existence in 2006, is an Indonesia-based company aimed at providing solutions to the textile vertical. Less than a decade ago, an initiative was taken, and a young team, with rich industry experience, was formed under the supervision of the trio, Mr. Boobalan, Mr. Thaker, and Mr. Bambang Harijanto.
Texcoms was initially established with the main motto of service to the textile industries using the knowledge of the team and the needs of customers in Indonesia and Bangladesh. The strength of the service team helped it offer cost-effective solutions by sourcing used machines (experienced machines as they proudly say). This resulted in faster return on investments for all the customers. This excellent service motive and the customer’s choice made them to branch out faster into various segments within the vertical.
The company currently provides a number of solutions, right from valuation of textile business to relocation of the complete spinning/weaving plants from all over the world to different countries in the Far East such as Indonesia, Thailand, Bangladesh and India.
Texcoms started its journey with MSA Bangladesh, a well known spinning unit in the country. Texcoms 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, commissioning and transfer of knowledge. The company has set up electronics repair stations in Indonesia, Malaysia and Bangladesh to test and certify 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 massive 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-oriented company, it has warehouse facilities strategically located in Indonesia, India, Bangladesh and Thailand to render highest quality in customer satisfaction.
Texcoms’ spareparts and accessories division represents a number of clients, both Indian and global brands, to provide quality after-sales service to its customers. Precitex, Simta and Unirols are a few of the Indian companies represented by Texcoms in Indonesia.
Texcoms’ spareparts and accessories division represents a number of clients, both Indian and global brands, to provide quality after-sales service to its customers. Precitex, 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 business models. Their new concept of managing spinning factories on behalf of owners, banks and financial 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 Singapore, 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.