Home / Knowledge / News / Textiles / Seminar on 'Evolving Trends in Management for the Textile Industry'
Seminar on 'Evolving Trends in Management for the Textile Industry'
07
Mar '11
The Textile Association (India), Mumbai Unit organized the Seminar “Evolving Trends in Management for the Textile Industry” on 18th February 2011 at Hotel InterContinental the Lalit, Mumbai.

Mr. C. Bose, President, TAI, Mumbai Unit welcomed the Hon. Chief Guest, Mr. Hrishikesh Mafatlal, Vice Chairman & Chief Executive, Arvind Mafatlal Group of Companies, Chief Guest Mr. Man Mohan, Chief Operating Officer, Polyester Sector, Reliance Industries Ltd., Guests Mr. Subodh P. Sapra & Mr. Manish Kiri, Speakers, Press, Media and delegates.

Mr. V. C. Gupte Chairman, TAI, Mumbai Unit and Convener of the seminar gave the brief of the event. He said that The Indian Textile Industry has come a long way from a traditional family managed business to a professionally managed business. He said that from the traditional merchant oriented business to specific & consumer oriented business has forced the textile industry to change its face. Every segment or department of professionally managed textile industry is now handled by skilled workers and professionally specialized managers. He added that every role requires a specialist and everyone in the value chain requires a totally commercial thinking. The working style of old textile culture has undergone drastic changes because of rigid quality norms coupled with strict delivery schedules. Commercial negotiations and face-to-face discussions with the export buyers, forced the textile managers to be professional, skillful and techno-commercially sound.

Mr. Hrishikesh A. Mafatlal, Vice Chairman & Chief Executive, Arvind Mafatlal Group of Companies while taking historic perspective of the textile business said that in the old era the business was operations oriented and was handled by trade wholesalers. Overall it was sellers market with lesser sensitivity in quality and services. He said during that time there was more loyalty to individual than the institution. With the globalization in 1990 the transformation of textile business took place from a seller market to a buyer market. In this new era introduced rigid quality norms, strict delivery schedules, supply chain management, ecological standards and the most important competitive pricing.

Mr. Mafatlal said that with growing size and complexity of businesses family management did not have the required skills and hence the professional managers were introduced. He said that the textile business becoming more knowledge based, people from other industries started entering in to this field. This was the time when HRM was first time introduced in the textile industry. These changes like selective hiring, extensive training, sharing information, employment security and reduction of hierarchy levels brought the professionalism in the industry.

Mr. Mafatlal said that market and consumer oriented approach and leadership changing from authoritative to delegative and participative levels were brought to the industry. He said that the changes in last two decades in financial structuring of the companies raised the capital and hence more public limited companies were established. Mr. Mafatlal said that these are the enduring qualities for any organization – large or small – and often define success over the long run.


Must ReadView All

EU renews GSP+ scheme for Pakistan 2 years

Apparel/Garments | On 24th Feb 2018

EU renews GSP+ scheme for Pakistan 2 years

Pakistani exporters can enjoy preferential duties on exports to the...

Surat wary of e-way bills

Textiles | On 24th Feb 2018

Surat wary of e-way bills

There is no respite for Surat’s textile manufacturers and retailers....

Retailers choose sides in Alibaba-Tencent battle in China

Apparel/Garments | On 24th Feb 2018

Retailers choose sides in Alibaba-Tencent battle in China

Two big Chinese firms— Alibaba Group Holding Ltd and Tencent Holdings ...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Rikesh Mistry

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Silke Brand-Kirsch
Schlegel und Partner

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

February 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
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

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
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

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
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

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
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


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