Home / Knowledge / News / Textiles / CITI's YEG elects Prashant Mohota as new chairman
CITI's YEG elects Prashant Mohota as new chairman
05
Jul '16
The Young Entrepreneurs Group (YEG) of Confederation of Indian Textile Industry (CITI) has elected Prashant Mohota, managing director of Gimatex Industries, as its new chairman.
 
In a short span of his business career, Mohota has helped his company to grow manifold and spread its wings to various locations across India. Under his spirited leadership, the 118+ year-old Gimated has turned into a lean, IT-savvy and innovative company.
 
He is also the main promotor of Hinganghat Integrated Textile Park (HITP), first textile park of Vidarbha (Maharashtra) approved under Central Government promoted SITP. He is currently the vice president of Vidarbha Industries Association (VIA).
 
YEG is a forum for young entrepreneurs in the textile industry holding management positions. Any entrepreneur less than 40 years of age and holding a managerial position in a textile unit is eligible to join the group.
 
The YEG elected Ashish Saraf, chief financial officer of Technocraft Industries as the vice-chairman in its meeting held on June 30, 2016, in Mumbai.
 
“I am really excited that the mantle of leading the young group of textile entrepreneurs was handed over to me at a time when India is on the cusp of change. Lot of focus is given by political and business class to the youth energy. I hope to harness it in right direction to ensure that the future of Indian textile decision makers become a discernible force,” said Mohota.
 
Congratulating the newly elected YEG team, CITI chairman Naishadh Parikh, said, “We want more young entrepreneurs in CITI's board. I am confident that they will bring some fresh energy to the Confederation.” (RKS)
 

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: European Commission/European Union

Textiles | On 26th May 2018

EU set to negotiate FTAs with Australia & New Zealand

The European Union is all set to begin negotiations for free trade...

US bans import of cotton goods from Turkmenistan

Textiles | On 26th May 2018

US bans import of cotton goods from Turkmenistan

The US Customs and Border Protection (CBP) has issued a Withhold...

FPCCI prepares report on Pakistan's export issues

Textiles | On 26th May 2018

FPCCI prepares report on Pakistan's export issues

Federation of Pakistan Chambers of Commerce and Industry (FPCCI)’s...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Top executives
Textile industry, India

The event should be organised every year

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search