Home / Knowledge / News / Textiles / 6th edition of 'Texcellence 11' begins in Ahmedabad
6th edition of 'Texcellence 11' begins in Ahmedabad
05
Aug '11
The sixth edition of 'Texcellence 11' – the national conference on the textile and allied sectors opened yesterday in Ahmedabad to a packed auditorium of delegates and experts from the Indian textile and apparel sector and university students.

At the inaugural session, on the dais were Mr BB Swain, IAS - Industries Commissioner, Gujarat, Mr Anand Parekh, President (Textile division) – Reliance Industries Ltd, Mr Negi – Director – Pradeep Overseas Ltd, Mr DL Pandya, Conference Convener, Mr TL Patel and Mr Trivedi – President and Secretary, respectively of the Ahmedabad unit of the Textile Association of India (TAI).

The event began with Mr Pandya thanking all those sitting on the dais, the delegates, sponsors and university students, for attending the conference. He started off by saying that the theme this time is “Indian Textiles & Clothing Sector – Maximising Growth & Value Addition and that over the two-day period, more than 20 experts will share their opinion on maximising growth and value-addition in the Indian textile and clothing sector.

This was followed by an address from the Guest of Honour – Mr Swain. He said, “Gujarat has always been in the forefront of the industrial revolution in India and particularly in the textile industry. The state has grown at a rate of 11% in 2010-11 compared to 9% in its previous fiscal year. Gujarat has a unique place in the textile sector as it is present across the whole value chain.

“The growth and vibrancy of the Gujarat textile industry is visible from the record number of Memorandums of Understandings (MoUs) signed at the recent Vibrant Gujarat conference – 2011, which totally amounted to more than Rs 260 billion and employs around 21% of the state's industrial workforce”.

Next on the agenda was the official inauguration of the conference by lighting the traditional lamp, by the dignitaries sitting on the dais. This was followed by an address from Mr Anand Parekh, who spoke eloquently on the challenges faced by the Indian textile sector.

He informed, “Reliance has huge investments in Gujarat in the textile sector as such and has played a major role in the industrialization of the state. The previous 18 months were the most turbulent times witnessed by the Indian textile sector in previous years, mainly by the volatility in prices of the most basic raw material – raw cotton.

“Within a period of a few months, cotton prices rose from just Rs 22,000 per candy to Rs 63,000 per candy to slip back to Rs 30,000. This period also witnessed the government imposing 10% excise duty on branded garments, which added to the woes of the industry, which was plagued by uncertainty. Instead of being able to concentrate on innovation or new initiatives, the bulk of their time was spent on wondering which way prices of cotton would move.

“The variety of measures adopted by the government to control inflation like hiking of bank interest rates, controlling the liquidity in the market, has led to curtailing GDP growth. A brake has been placed on growth of sectors like real estate, automobiles, including consumer spending due to the hikes in interest rates.

Must ReadView All

Textiles | On 20th Feb 2017

UK textile & apparel exports up 7.05% in 2016: UKFT

The exports of apparel and textiles from the UK have increased by...

Textiles | On 20th Feb 2017

Himatsingka Seide incorporates subsidiary in Europe

Himatsingka Seide Ltd, one of the largest producers of home textiles...

Courtesy: Green Initiatives

Apparel/Garments | On 20th Feb 2017

Green Initiatives launches Re:Form to end textile waste

Green Initiatives, a non-government institution, has launched...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Paolo Ocleppo
Sandvik Hyperion

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search