Home / Knowledge / News / Textiles / ITMF conference concludes successfully in Bali
ITMF conference concludes successfully in Bali
28
Sep '17
The International Textiles Manufacturers' Federation (ITMF) annual conference 2017 was a grand affair with participation of over 280 experts and delegates from more than 28 countries. The international conference held recently in Indonesia was themed on technology, trade, and climate in disruptive times, indicating where the challenges come from.

The four-day conference hosted panel discussions and Q&A sessions apart from presentations on various issues in the textile value chain.

On September 13, the conference kicked-off with a meeting of the directors of ITMF member associations, associate and corporate members. Dr. William Humphries of Humphries Scientific, Australia and Peter Kreitals of Kreitals Progressive Business Advise, conducted a workshop on 'Managing Innovation Risks' on the second day. It was an opportunity for the participants to get a better understanding of innovation risk and ideas to increase the chances of innovation projects creating value for their companies. The day witnessed meetings of the Spinners Committee, Joint Cotton Committee and Fibres & Applications (F&A) Committee and traditional Fibers Session on cotton and man-made fibers.

In the opening session of the third day, Jas Bedi, president, ITMF, Kenya, talked about the changing global consumption patterns and the growing per capita consumption in developing countries such as China and India. "The per capita consumption of all fibres will further increase because China’s own consumption is expected to grow from current 18 kgs to 25 kgs (similar to Europe) and India’s consumption will rise from the current 5 kgs to 15 kgs. Whilst the US remains the largest consumer with 39 kgs per capita, the global consumption patterns will change by 2025," said Bedi.

Indonesia’s textile-related exports are projected to reach $15 billion by 2019 and will employ 3.11 million people, said the country's industry minister Airlangga Hartanto on the general session on textile industry in Indonesia. The industry ministry predicted that textile and textile products exports will grow around 11 per cent annually. The sector is estimated to contribute $12.09 billion to the economy in 2017 and $13.5 billion in 2018. By 2017 end, this sector can absorb up to 2.73 million workers, and increase that to 2.95 million in 2018.

The general director of ITMF Christian Schindler talked about the global textile (machinery) industry in disruptive times. "Since the last few years, the textile industry in Indonesia has experienced stable growth. It has the potential to grow efficiently in the future. However, textile production in Africa, America and Europe has more potential due to technology, fast trends, and reduced cost differentials and circular economy," said Schindler.

"Fast fashion and e-commerce have transformed the textiles industry fundamentally, Industry 4.0 is becoming a reality much faster than expected, political patterns are undergoing fundamental change (nationalism and protectionism), and environmental challenges are more visible than ever," Schindler added.

ITMF is an international forum for the world's textile industries, dedicated to keeping the world-wide membership constantly informed through surveys, studies and publications, participating in the evolution of the industry's value chain and through the organisation of annual conferences as well as publishing considered opinions on future trends and international developments. (RR)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Fashion Revolution/Fashion Transparency Index

Fashion | On 23rd Apr 2018

Top global fashion brands now more transparent

Fashion Revolution’s Fashion Transparency Index 2018 reveals Adidas...

Japan’s clothing imports up 4% in fiscal 2017

Apparel/Garments | On 23rd Apr 2018

Japan’s clothing imports up 4% in fiscal 2017

Japan’s imports of clothing and accessories increased by 4 per cent...

PVH, WWF tie up to protect water bodies in Ethiopia, India

Apparel/Garments | On 23rd Apr 2018

PVH, WWF tie up to protect water bodies in Ethiopia, India

PVH Corp , parent company of brands like Tommy Hilfiger, Calvin...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Top executives
Fashion houses, India

With technology, it has become easier to ensure IPR

Rikesh Mistry

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

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Giorgio Mantovani
Corman S.p.A

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Karan Arora
Karan Arora

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

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search