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About CITI - CITI YEG - Member Profile
   
  The Young Entrepreneurs Group (YEG) of Confederation of Indian Textile Industry has grown substantially since its inception in March 2003. The Group, comprising young entrepreneurs in the textile industry holding management positions, has expanded from 25 members in 2004-05 to 44 members in 2009-10. More importantly, the membership has expanded beyond members from spinning and weaving segments to clothing and machinery manufacturers. This was the result of a conscious effort on the part of the members to expand the membership base, keeping in view CITI’s broad basing initiatives. Any entrepreneur less than 40 years of age and holding a management position in a textile unit is eligible to join the Group. 
   
  Activities of the Group
  The Group usually meets at least 4 times a year and some expert is called in the meetings of the Group for speaking on specified subjects, which could form the subjects for discussions in the meetings. 
   
  YEG subscription payment details 
  Each member has to pay an admission fee of Rs. 25,000/- and an annual subscription fee. The annual fee for each year is decided by the Group in its Committee meeting. The fee for 2009-10 is Rs. 10,000/-. Normal fee cycle starts with the financial year. 
   
  Activities of YEG Group since its inception 
   
 

F.Y.

Date

Description

2003-04

24-07-2003

First meeting of YEG held in Mumbai.

 

23-09-2003

Second meeting of YEG held in Mumbai. Mr. B.K. Krishnaraj Vanavarayar, then Chairman, ICMF addressed the group.

 

04-12-2003

Third meeting of YEG held in Bangalore. Mr. Jagdish Hinduja from Gokaldas Images made a presentation on the expectations of the clothing sector from the upstream segments of the textile industry.

 

04-03-2004

Fourth meeting of YEG held in New Delhi.  Mr. Donald Peck, Managing Director, Partner of Actis for South Asia addressed the Group on different financing options, with special emphasis on private equity.

 

12-07-2004

Fifth meeting of YEG Group held in Mumbai. Mr. Gulu Mirchandani, CMD of Mirc Industries (Manufacturers of ONIDA) made a presentation.

 

21-09-2004

Sixth Meeting of YEG held in Mumbai. Mr. Suresh Lulla, MD, Qimpro Consultants Pvt. Ltd. discussed the relevance of ‘Cost of Poor Quality’ in Management.

2004-05

07-12-2004

First meeting of YEG Group in 2004-05 held. 

 

07-03-2005

Second meeting of YEG Group in 2004-05 held. 

 

22-07-2005

Third meeting of YEG Group in 2004-05 held. 

2005-06

27-09-2005

First meeting of YEG Group in 2005-06 held in Mumbai.

 

17-03-2006

Second meeting of YEG Group in 2005-06 held in Mumbai.

 

(23-24)-06-2006

YEG – Hyderabad Residential Programme. Visit to Satyam, Stanza, CII-Green Business Centre, Microsoft Development Centre, Priyadarshini Spinning Mills. Interactive Meeting with Dr. Vivekanand, President of CII’s  Andhra Pradesh Unit.

 

24-06-2006

Third meeting of CITI YEG for the year 2005-06 was held in Hyderabad.

 

(9-13)-10-2006

A twelve member delegation of CITI’s YEG visited some important textile cities in Turkey. The five day tour covered six units comprising, some integrated weaving and processing centers, some leading garment manufacturers and textile trading companies.

2006-07

02-03-2007

The first meeting of CITI YEG for 2006-07 was held in New Delhi.  Mr. Ashwini Sharma, Asst. Vice President, Industrial Relations, Vardhman Group made a presentation on the HR Practices and the philosophy adopted by the organization for retention and training of manpower in the Vardhman Group.

 

03-03-2007

Seminar on Impact of PTAs & FTAs on Indian Textiles and Clothing Industry held in New Delhi.

 

14-05-2007

An inter-mill survey for important production parameters was conducted by CITI YEG, in association with NITRA for the third quarter of 2005-06. As a follow up to that, an interactive half day meet of the YEG members with the CEO’s of their companies was held on 14th May 2007 in New Delhi. The meeting was organized to discuss the results of the survey with a view to identify their relative inefficiencies and chalk out action plans for achieving greater production efficiencies. The meeting was also attended by officials from NITRA. 13 mills participated in the survey.

2007-08

12-10-2007

YEG AGM held in Mumbai. Mr. Salil Chaturvedi from Provogue made a presentation on ‘Integration / Collaboration of the Supply Chain for Domestic Markets’.

 

(22-24)-08-2008

A Two day Annual Retreat of YEG member was organized at Goa. 25 persons attended the retreat.
On 23rd August, three business sessions were organized. In the first business session on Leadership and DNA-The connect, Mr. Sandeep Chaudhary, Director, Maps n Grow Consulting, made a presentation on the leadership challenges of CEOs in the changing global business system.
In the second business session, Mr. B C Mahesh, Head projects (power division), Thermax, explained the cost effective ways of attaining power in the coming era and the plans thermax unveils in the power sector.
Mr Richakant Mishra, Head, Risk Management Solutions, Dun &Bradstreet made a presentation on ‘Partner in Progress of the Textile Industry.’

2008-09

25-09-2008

YEG AGM held in Mumbai.

 

16-02-2009

Members of the YEG Group met at Ahmedabad. Mr. Sanjay Lalbhai, Arvind Mills addressed the Group. Presentations by IIT & TIFAC on Roadmap for Textile Industry.

 

11-07-2009

YEG meeting held in Mumbai. Mr. S.V. Prasad, Head, Schroders India (Global Asset Management Company) addressed the Group.

   
  CITI YEG Member Profiles: 2009-10 
 
Mr.Adarsh Kanoria
(Chairman – YEG)
CMD
Bengal Tea & Fabrics Ltd.
Mr.Sridhar Varadaraj
(Vice Chairman-YEG)
Managing Director
Premier Evolvics Pvt. Ltd.
Mr.A. Niranjan Sankar
Vice President
Sree Ayyanar Spinning & Wvg. Mills Ltd.
     
Mr.Adish Oswal
Head-Business Development & Corporate Affairs
Vardhman Polytex Ltd.
(Oswal Group)
Mr.Amit Gopal Patodia
CEO / Sr. President
PBM Polytex LTd. (Patodia Eurotex Group)
Mr.Amit Sanghi
Chief Executive Officer
Sanghi Spinners India Ltd.
     
Mr.Anuj Bhagwati
Managing Director
ATE Enterprises Private Limited
Mr.Ashish Bagrodia
Jt. Managing Director
Winsome Textile Industries Ltd.
Mr.Ashish Saraf
Director
Technocraft Industries (I) Ltd.
     
Mr.Chintan Patel
Director
Deesan Tex-Fab P. Ltd.
(Priyadarshini Group)
Mr.Gokul K.
Director
Sri Jayajothi & Co. Ltd.
Mr.Harish Cherukuri
Managing Director
Priyadarshini Spinning Mills Ltd.
     
Mr.Maninarayan Velayutham
Director
Sri Gomathy Mills Pvt. Ltd.
Mr.Manish B. Mandhana
Managing Director
Mandhana Industries Ltd.
Mr.Manish Kumar
Managing Director
Ritspin Synthetics Ltd.
     
Mr.Manoj Kumar Patodia
Managing Director
Prime Textiles Ltd.
Mr.Mohit Jain
Director
Indo Count Industries Ltd.
Mr.Mukund Choudhary
Managing Director
Spentex Industries Ltd.
     
Mr.Ness N. Wadia
Dy. Managing Director
The Bombay Dyeing & Mfg. Co. Ltd.
Mr.Nitin N. Mandhana
Vice Chairman & MD
Indus Fila Ltd.
Ms.Pooja Sanghi
CEO
SZF Pvt. Ltd. (Sanghi Group)
     
Mr.Prashant Mohota
Managing Director
Gimatex Industries Pvt. Ltd.
Mr.Rajiv Patodia
Executive Director
Eurotex Industries And Exports Ltd.
Mr.Riju Jhunjhunwala
Joint Managing Director
RSWM Ltd.
     
Mr.Ritesh Agarwal
Executive Director,
Rajvir Industries Limited
Mr.Ramkumar Varadarajan
Executive Director
Shri Govindaraja Mills Ltd.
Mr.Sachit Jain
Executive Director
Vardhman Group
     
Mr.Saket Jaipuria
Chief Executive
Ginni Filaments Ltd.
Mr.Sanjeev Mukhija
Managing Director
Goldenseam Textiles Pvt. Ltd.
Mr.Shailesh Goenka
Director
Texport Industries Pvt. Ltd.
     
Mr.Siddarth Sanghi
Vice President
Sanghi Spinners India Ltd.
Mrs.Suchita Jain
Executive Director
Vardhman Spg. & Gen. Mills Ltd.,
Mr.Sunil Goenka
JMD
Texport Syndicate (I) Ltd.
     
Mr.Susheel Kumar Gupta
Executive Director
Vijay Textiles Limited
Ms.Swati Sanghi
Vice President
Sanghi Spinners (I) Ltd.
Mr.Umang Patodia
Managing Director
Patspin India Limited
     
Mr.Vikas Ladia
Jt Managing Director
Shree Rajasthan Syntex Ltd
Mr.Vishal Lohia
Director
Indo Rama Synthetics (I) Ltd.
Mr.Vishalbhai U. Sheth
Managing Director
AML Exports Pvt. Ltd
     
Mr.Vishal V. Chiripal
Chiripal Ind. Ltd.
Mr.Rajnish Aroraa
Vice Chairman
Dicitex Furnishings Limited
Mr.Mukesh Mittal
Partner
Mittal Clothing Company
     
Mr.Neelabh Dalmia
Director
GHCL Ltd.
Mr. Sanjay Kumar Jain
Joint Managing Director
TT Limited
 
   
 
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