Fibre2Fashion November Issue'17 | Page 97

Angel Peng Specialist, Marketing Department’s Project Management Team In price-sensitive Africa, we manufacture basic products like jerseys and T-shirts for domestic markets, and companies like Edcon Limited, Price Group and JC Penney for domestic consumption. Is your company taking certain initiatives for sustainable and eco- friendly textile production? We have Oeko-tex and bluesign certifications for quality and sustainable production respectively as well as those meant for environmental compliance. For sustainable production, the textile industry is shifting to waterless dyeing. TexRay will soon launch a series of products for waterless dyeing with over 2,000 colours on offer. We are putting in efforts to fulfill our commitment to the Zero Discharge of Hazardous Chemicals (ZDHC) 2020 joint roadmap. Our quality assurance team takes care of energy conservation in all manufacturing units and we are ISO 15001 certified. We also have plans to take the Higg Index of the Sustainable Apparel Coalition. What are your thoughts on the ZDHC 2020 joint roadmap? Will companies indeed benefit from it? What consumers think and feel has an effect on the brand and this definitely influences their buying behaviour. Some brands do use ‘being eco-friendly’ as a marketing tool. But at TexRay, we understand what is important for us and for brands. We try to find a balance between being totally eco-friendly, almost eco-friendly and somewhat eco-friendly for our brands. We do not do it for being titled as environment-friendly, it is a conscious decision. We tend to analyse ISO and other certifications and how they can benefit us and the brands we manufacture for. We keep it real. It not only benefits the environment but cuts costs. But to achieve the ZDHC 2020 goal, everyone needs to work in alignment, right from consumers to brands to manufacturers. Only then can it be achieved, because it’s a chain. Who are your competitors in the international market? We are a core integrated company. Yong Tai is our competitor for dyeing and finishing but the company is also a supplier for garments. In reality, we do not have any competitor. There are times when we buy fabrics from our competitors and there are times when our competitors buy fabrics from us. So, in that sense, there is no competition. But there are other vertically-integrated manufacturing companies that supply to the same brands that we do. But we find our own way to survive. How do you see your market segment growing in the next 5-10 years both locally and internationally? For TexRay, smart clothing will play a vital role in the next 5-10 years. We have two subsidiaries that specialise in manufacturing metallic yarn for smart sensored products that help make smart e-clothing. Smart clothing is the way forward for TexRay and that’s going to be our strength. Along with that, we also see the potential for functional textiles growing. We will be displaying all our innovations at Titas, InterTextil Shanghai, the Outdoor Show, maybe in Premier Vision next year, and even Performance Days. Our members got to the other side of the world, like the Midwest Weaving Conference, to get first hand information and predict future market trends. Does India seem to be a potential target market in the future? Business in India is always a nice proposition because it has the second largest population. But India has its own rules. Already there are good players and competition in India. Without a decent partner in the country, it is hard for us to easily step into that market.