The first ever International Conference on "SteeringMature Business: A Leadership Challenge to Textile Industry" held onOctober 3rd and 4th in Ahmedabad, in the once so called Manchester of the East. There were over 200 plus industry leaders and stakeholders fromthe textile industry present on the occasion. The conference has been organisedby &sec=article&uinfo=<%=server.URLEncode(2202)%>" target="_blank">Fibre2fashion,the leading global B2B website for the textile, apparel and fashion industry inassociation with Ahmedabad Management Association; a pioneer in the managementmovement.
Dr. J.N. Singh, Joint Secretary, Textiles, Government of India;spoke at length on the strengths of the domestic markets which totaled to US$32billion and which was projected and had the potential to reach $180 billion in2035. With regards to exports he said from the current levels of $22 billion,it could reach $125 billion by 2035.
In his presentation, Mr. JN Singh expressed his concern overthe fact that, as one moves across the value chain (fabric and garments), theinstalled capacities and production quality and quantity reduce veryprecipitously. He said India had a very low labour cost, compared to most ofthe countries except for Vietnam, Bangladesh and Pakistan, which can be turnedinto an opportunity.
But with all the advantages, was it possible to reap therewards? Not completely, he said, instead he suggested that we should also putemphasis on trying to market the cultural and traditional textiles andhandicrafts, distinctive to each region of India. He also spoke about theinitiatives taken by the incumbent government to support the sector and assuredall help to the industry in its holistic development.
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