9TH ASIAN TEXTILE CONFERENCE (ATEXCON), Mumbai
TEXTILE INDUSTRY: MOVING BEYOND THE CONVENTIONAL PARADIGMS
Mumbai, Wednesday, March 14, 2018: Confederation of Indian Textile Industry (CITI) organised its 9th Asian Textile Conference on 14th March 2018 in Hotel ITC Maratha, Mumbai. The theme of the Conference was “Textile Industry: Moving Beyond the Conventional Paradigms”. The event was inaugurated by Dr.Kavita Gupta, IAS, Textile Commissioner, Government of India. Dr. Kavita Gupta acknowledged and congratulated the industry for reaching to a level where they can leapfrog into a different orbit. She highlighted the need to integrate MSMEs to achieve the inclusive growth of the sector. The highlight of her address was the brief history of Indian textile sector which spanned from the age of poet and weaver, Kabir up to the state-of-the-art infrastructure being developed in Indian textile parks these days.
Mr. Sanjay K. Jain, Chairman, CITI delivered the Welcome Address and wherein he highlighted the importance of being disruptive and innovative in order to maintain the vibrancy and energy in this sector. Mr. Jain also requested the government and industry to look for out of box solutions to resolve the long pending issues plaguing the textile and apparel sectors of the industry.
Mr. Sanjay Jayavarthanavelu, CMD, Lakshmi Machine Works Ltd. – the Principal Sponsor of the Event – delivered the Special Address in the Inaugural Session. In his special address he highlighted the scope and challenges of the textile machinery industry in India.
The theme presentation delivered by Mr. Prashant Agarwal, Joint MD, Wazir Advisors, knowledge partner to ATEXCON, presented the global trends which are changing the shape of industry and focused on initiatives required to be taken up by industry to keep pace.
Mr. T. Rajkumar, Deputy Chairman, CITI proposed Vote of Thanks in the inaugural session and Mr. D. L. Sharma, Vice Chairman, CITI proposed Vote of Thanks in the concluding session.
The conference featured four Sessions on Sub-themes related to Policy Support, Innovation, Global Value Chain and Retail. The sessions featured who’s who of the Indian textile and apparel sector including private companies, industry associations & councils, machinery suppliers, and other service providers. Each of the session had elaborate discussion and presentations on the current status and the shape of things to come. The panelists’ growth story, remarks and future ideas kept the large audience fully engaged in the conference.
The event saw the overwhelming response from the textile industry and more than 450 delegates, including eminent international speakers and leading textile companies from India and abroad attended the mega event.
On the sidelines of 9th Asian Textile Conference, CITI signed a Memorandum of Understanding (MoU) with Multi Commodity Exchange of India (MCX) on Cotton Price Risk Management on 14th March 2018. The primary objectives of the MOU are to facilitate awareness programmes for cotton value chain participants including farmers, price ticker board installation at textile parks and joint representation to Ministries and Regulators for the holistic growth of the cotton sector.
- Dr. Christian Schindler, Director General, The International Textile Manufacturers Federation (ITMF)
- Mr. Prashant Agarwal, Jt. Managing Director, Wazir Advisors
- Mr. Abhijeet Puranik, Head Sales – India, Rieter India
- Mr. D. Ghosh, General Manager – Sales, Oerlikon Textile India P. Ltd
- Mr. Deepak Mehta, Head – Energy & Agri, MCX Ltd
- Dr. Christina Raab, Director Implementation, ZDHC
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