Home / Knowledge / News / Textiles / 'Address issue of talent shortage' – Mr Shermon at Intexcon
'Address issue of talent shortage' – Mr Shermon at Intexcon
08
Oct '09
All the 200 plus delegates and participants in the International Conference on “Steering Mature Business: A Leadership Challenge to Textile Industry” widely appreciated the proceedings and informative discussions held on day-1 of the conference. The delegates were impressed in particular, by the depth to which subjects were either presented or discussed and it proved to the hilt, to be as Dr PR Roy termed it; “Conference with a difference”.

Day-2 and the first session of the conference saw luminaries from various sectors, but connected with the textile and apparel industry in one way or the other. Mr Rishi Oswal, Managing Director of Malwa Industries Ltd. and a force to reckon with in the textiles sector moderated session-1 of the proceedings. Present with him on the stage were Dr Ganesh Shermon, partner KPMG, Mr Gautam Chakravarti, Executive Director, Blackstone Advisors India Pvt Ltd and Mr Aamir Akhtar, CEO, Lifestyle Fabrics (Denim), Arvind Ltd.

The first presentation was delivered by Dr Shermon on 'Human capital needs and its management in a globally competitive textile industry'. Dr Shermon kept the audience spellbound and spoke about the need to address the individual needs of an employee to be synchronized with that of the textile company and called on the industry to address the issue of talent shortage in the sector.

He stressed on the need to introduce the concept of ESOPs' and other incentives in the sector, which are available to employees in other sectors to attract the right talent and also do a turnaround and replace the original concept of 'customers first and employee second' with 'employee first and customer second' as after all it was the employee who directly handled the customer and for him/her, in order of priority, the customer as it is, came first and also encouraged leaders to wear multiple caps in order to drive costs.

Next Mr Chakravarti shared experiences of Blackstone Advisors about its investments and explained in length about Gokaldas Exports, the biggest apparel exporter from India and spoke about the position of apparel retail industry in current times. He looked in to the inefficiencies in the supply chain system and said that it would not be possible to only compete on strength of low labour costs alone. He exhorted the clothing exporters to have quicker turnaround time and develop the capability to deliver in smaller lots.

The last speaker of this session was Mr Amir Akhtar. He spoke on the business potential of denim fabrics as of date and in the future and presented statistical data on production and sales of denim in the Indian and global context. The session ended with each of the panelists answering queries put forth by the delegates and participants present in the hall.

Session-2 was once again a panel discussion on 'Branding and Fashion Apparel Retail', which was moderated by Dr Atanu Ghosh, Professor at IIM, Ahmedabad. The panel members were, Mr Shreyas Joshi, President, (Apparel Group) Raymond Ltd., Mr J Suresh, CEO, Arvind Brands, and Mr Ashish Dixit, President, Madura Garments (Lifestyle brands).


Must ReadView All

Apparel/Garments | On 23rd Aug 2017

BRC welcomes clarity on goods flow during Brexit

British Retail Consortium (BRC) has welcomed the greater clarity that ...

Textiles | On 23rd Aug 2017

Picanol records 11% rise in 2017 first half turnover

The Picanol Group, which specialises in the development, production...

Textiles | On 23rd Aug 2017

Kraig delivers first dragon silk fibre to medical firm

Kraig Biocraft Laboratories, Inc. a leading developer of genetically...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Giorgio Mantovani
Corman S.p.A

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Igor Chapurin
Chapurin

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

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