The show was inaugurated by Darshana Jardosh, the Union state minister for textiles and railways. The minister also inaugurated the ColorJet booth at the show in the presence of Jitender Pal Singh VP, Smarth Bansal, GM, ColorJet, and other team members. The minister appreciated ColorJet's initiatives in the field of textile printing machinery manufacturing and for the overall growth of the textile sector in India.
The Indian textile machinery market is estimated to be approximately Rs 14,000-crore. However, India-made textile printing machines contribute to only about 20% of the supply. ColorJet, through its Make in India initiative, is working towards the idea of an Aatmanirbhar Bharat, where the vision for the next five years (2025-26) is to reduce the import dependency from Rs 9,273-crore to Rs 6,000-crore, a CAGR of -5.8%. This will not only help with the increased domestic demand but will also make Indian manufacturers compete at a global level. The government has set a target of USD 100-billion for textiles and garment exports over the next five years and the textile sector is expected to play a prominent role in achieving it.
With the support of SGCCI, ColorJet projects an additional revenue of USD 10-million from the growing textile machinery market of Surat. A representative from ColorJet said that it will be an active stakeholder in achieving the government’s production target of Rs 20,000-crore by 2025-26.
ColorJet’s state-of-the-art textile printing machines — VastraJet K2 and SubliXpress Plus were also inaugurated by Darshana Jardosh. VastraJet K2 can print up to 5000-sqm/day while the SubliXpress Plus can print at the speed of 9,000-sqm/day. These textile-printing machines will prove to be a game changer in sustainable textile printing.
Ashish Gujarati, president, and Himanshu Bodawala, vice-president, of SGCCI, admired the sustainable steps taken by ColorJet and the way ColorJet is spearheading the industrial shift towards sustainable textile printing options. They also invited ColorJet to be a part of the textile cluster that is being established in Surat.