Apparel Online India Magazine December 1st Issue 2018 | Page 23

TEX-FILE
names of three winners were
declared during its Global Textiles
Conclave and were awarded by the
Commerce Minister.
Sessions hold attention
with their depth…
In the first session chaired by Prem
Malik, ex-CITI Chairman and Vice
Chairman, NSL Textiles wherein
industry stalwarts shared their views
on the Future of Indian Textiles and
Apparel, all the speakers emphasised
that the industry has to gear up and
accept that old traditional ways of
working would no longer bring in
growth. Suresh Kotak, Chairman
Kotak & Co., a pioneer in cotton,
firmly expressed his opinion that with
the sustainability movement getting
bigger, cotton products will again find
a larger market demand, as man-made
options will become less attractive.
However, Shekhar Agarwal, Vice
Chairman, RSWM Ltd. and Rakesh
Mehra, Vice Chairman, Banswara
Syntex Ltd, both of them being players
primarily in the man-made segment,
felt that it was about innovating
Audience from across the textile supply chain participated in the Global Textiles Conclave
the processes to make man-made
sustainable and not about rejecting
the same. “We have a very small share
in the global market in man-made
segment and we need to strengthen
the supply chain to take advantage of
the demand for such products in the
West,” reasoned Agarwal.
In the same session, Rahul Mehta,
President CMAI, emphasised the
growing importance of the domestic
market, while Neeraj Jain,
Jt. Managing Director, Vardhman
ESSENTIALS
Past Chairmen
of CITI were
felicitated for their
commendable
and untiring work
contribution
towards the
development of the
textile sector.
Textiles Ltd. cautioned the industry
on being laidback… “Opportunities
can only be grabbed by keeping pace
with industry trends and Vardhman
believes that this is the only way to
grow,” added Neeraj. Emphasising
the importance of the supply chain
working as a cohesive force,
P. Nataraj, Chairman SIMA and MD,
KPR Mills Ltd stated that it was
more relevant today for them than
ever before to be transparent and
share knowledge and technologies to
march ahead.
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