The presentation starts with the problem of soaring cotton prices and how the entire cotton value chain is under pressure. The author also showed a serious concern and shared that along with cotton; the price of labor and energy can also be seen on an increasing graph.
Further,he shared its effects on the Textile Machinery industry and how the industry can recover the lacunae. The presentation concludes on a very promising note.e. Industry needs to work on partnership basis, allowing reasonable profit margins to manufacturers,enabling them to survive.
This presentation was presented at Dubai2011: Open to the world held on March 15th & 16th 2011at Dubai; organized by International Cotton Association
The author Mr. Bashir A. Mohammad is President of ITMF (International Textile Manufacturers Federation)
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