Home / Knowledge / News / Textiles / ICAC's Townsend to set stage at 2012 global cotton summit
ICAC's Townsend to set stage at 2012 global cotton summit
26
Dec '12
Terry Townsend
Terry Townsend
Set to appear on the first day of the event, Townsend will give an overview of the industry and projections for the coming year.

Terry Townsend, executive director of the International Cotton Advisory Committee (ICAC), will set the stage for the Cotton International 2013 Global Summit by providing an overview of the cotton industry for the coming year. Townsend’s presentation will open the first full day of plenary meetings for the event, which is scheduled for 20-22 March at the Marina Bay Sands Hotel & Casino in Singapore.

“The theme of this summit is ‘United for a Better Trade,’ and trade is, by definition, a form of communication and interaction,” Townsend says. “A meeting that gives stakeholders the opportunity to exchange views and address problems in a constructive manner is of great value to the industry as a whole.”

The collaborative nature of the event, which draws senior executives from throughout the supply chain, is the crucial element in its success. “If there were a ‘silver bullet’ that could solve all of the industry’s problems, someone would have thought of it by now,” he continues. “The reality is that many small improvements, made in many different sectors, cumulatively add up to great improvements in the way the global cotton trade functions.”

Some of those small changes include improved trade rules, the standardization of quality testing, the ability of logistics companies to reduce or remove transportation bottlenecks, and stronger contract sanctity. “Everyone in the cotton value chain has legitimate interests and concerns, and all of them need to be addressed simultaneously,” he says. “If the different sectors were able to solve all of their problems by themselves, they would do that. But that simply isn’t possible, given the interconnected nature of a globalized industry.

“That’s why summits like this are both necessary and appropriate. Cotton International is playing an important role in the improvement of the global cotton industry, and I look forward to being a part of it,” he concludes.

Cotton International


Must ReadView All

Textiles | On 21st Aug 2017

GST payment & filing for July extended till Aug 25

The GST Implementation Committee, consisting of state and Central...

Textiles | On 21st Aug 2017

India’s cotton production may grow by 3.76% in 2016-17

India’s cotton production is likely to rise by 3.76 per cent to 345...

Textiles | On 21st Aug 2017

Telangana announces sops for textile, apparel sector

The Telangana government recently announced a string of incentives,...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Silke Brand-Kirsch
Schlegel und Partner

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

Steve Cole
Xerium Technologies

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Yash P. Kotak
Bombay Hemp Company

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

Anisha Chaudhari
Threads & Shirts

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

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

August 2017

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
67.7%
No
16.1%
Skip
16.1%

Total Votes: 31

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
45.2%
No
35.5%
Skip
19.4%

Total Votes: 31

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
83.9%
No
6.5%
Skip
9.7%

Total Votes: 31

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
61.3%
No
9.7%
Skip
29.0%

Total Votes: 31


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