Fibre2Fashion Magazine June 2018 June 2018 | Page 132

ADVERTORIAL
Texellence 2018 focuses on strategies
to ‘Business Excellence in Textile &
Apparel Industry’
The CII Centre of Excellence for Competitiveness recently organised a Conclave in Mumbai on “Business Excellence in Textile
& Apparel Industry — Competitiveness Strategy for Growth in Uncertain Times” which aimed to identify challenges faced by
the Indian textile and apparel industry and find solutions through deliberations at a single day event.
Union textiles minister Smriti Irani
while addressing CII Texellence 2018
said that the textile sector has attracted
up to ₹27,000 crore investments
since the announcement of incentive
package last year, and is likely to get
more investment from international
and domestic markets going forward.
The government in June last year
announced a ₹6,000 crore special
package for the textile and apparel
sector, which included several tax and
production incentives.
“As per the record of textile
commissioner’s office, an investment
of up to ₹27,000 crore has come
in, and we are hopeful that with the
government’s intervention, we will
get more investments both from the
international and domestic markets,”
Irani said while addressing the CII
Texellence 2018, an annual textile
conclave organised by the apex
industry body CII.
Speaking at the Conclave, RD
Udeshi, conference chair and
president–Polyester Chain, Reliance
Industries Ltd., emphasised on
the importance of technology and
market access for the Indian textile
and apparel industry. “We need
international collaboration within the
industry to learn what the world is
doing,” he said.
Udeshi also highlighted the need
for skill development to generate more
employment opportunities and friendly
labour laws in the industry with a
focus to make India a talent hub in
textile and apparel arena. Through the
Integrated Skill Development Scheme
(ISDS), the textile and apparel industry
is targeting to have 60–62 million
skilled workers by the year 2022
through training and development.
“For every ₹1 crore investment in
the garment manufacturing sector,
the government will provide support/
subsidy of 60 per cent,” textile
commissioner, Government of India,
Dr. Kavita Gupta said during the
inaugural session. She also reiterated
that the textile manufacturers need
to take advantage of the various
government schemes, subsidies and
rebates which are available to boost
and promote textile and apparel
manufacturing. She also urged the
industries’ bodies to create clusters to
streamline best practices for which the
government is ready to support such
initiatives.
While discussing various schemes
offered by the government, Gupta
pointed out the need for more research
and development (R&D) initiatives by
the industry players as the government
is ready to provide support of up to 70
per cent.
From L-R: Pikender Pal Singh, Sr. Director CII and Head CoE for
Competitiveness; RD Udeshi, President–Polyester Chain, Reliance
Industries Ltd.; Dr. Kavita Gupta, Textile Commissioner, Government
of India; Prashant Agarwal, Co-Founder & Joint Managing Director,
Wazir Advisors, releasing the Theme Paper on “Business Excellence
in Textile & Apparel Industry – Competitive Strategy for Growth in
Uncertain Times”
Manu Kapur, president & CEO –
Home Textiles, GHCL Ltd., enabled
in-depth discussions with the industry
leaders and discussed various thought
provoking topics including the core
values and concepts of business
excellence in textile and apparel
industry, role of digital solutions
for transformation of the industry,
operational excellence, to name a few.
SK Khandelia, president, Sutlej
Textiles & Industries Ltd., focused
on the ability to sustain business by
focusing on both the environment
and social aspect. He emphasised
on the fact that while it is important
to comply with the regulations, it is
equally important to have goodwill
of the community. “Customers today
have started to move from mindless
consumption to mindful purchase,”
he said while emphasising that
the demand for sustainable and