Key areas of growth will be in Meditech, Geo-Textiles, Automobile Sector, and Home Textiles.
The KK Modi Group is part of the USD 2.8 billion Modi Enterprises founded by Rai Bahadur Gujarmal Modi in 1933. The Group’s interests span a diverse range of businesses which include agro-chemicals, tobacco, tea and beverages, education, entertainment, direct selling, network marketing and gourmet restaurants. Employing more than 28,000 people, the KK Modi Group has emerged as one of the top business houses in India. Indofil Industries Limited- chemicals subsidiary of KK Modi Group, is engaged in manufacturing and marketing leather, coating, paper, textile chemicals and auxiliaries, additives for PVC industry and chemicals for the Construction industry. Dr. Girish Nagarkar, Ph D (Polymers), is the VP (Specialty and Performance Chemicals Division) at Indofil. He did BSc-Tech in 1985 from UICT and started his career with Goodlass Nerolac Paints Ltd as Technical Officer the same year. He completed his MS from Chemson University USA in 1990 and returned to India to join Indofil Chemicals Company as Product Manager Coatings, Construction and Petrochemicals. Thereafter, he worked with Vam Organic Chemicals and subsequently with Clariant Chemicals (I) Ltd as Product Manager. When Dr. Nagarkar left Clariant after thirteen years he was General Manager, Functional Chemicals. He is also a speaker on many known forums like Indian Paint Association, Indian Small Scale Paint Association, Indian Plastic Manufacturers Association and Indian Packaging Association. In Face2Face, sharing a word on textile dyes and chemicals sector with Sr. Editor & Correspondent-Ms Madhu Soni, Dr. Girish Nagarkar, also remarks on trends in Nonwovens industry.
Dr. Nagarkar, Welcome to Face2Face! As an opener to the talk, let me request your point on the significance that textile market makes in the business share of KK Modi Group.
So, in the wake of current textile and clothing market movements, how do you find textile dyes/chemicals sector shaping up?
In tandem to demand scenario, what tradition do you see setting in developing technologies? What role has nanotechnology to play in specialty chemicals for fabrics-textiles?
DISCLAIMER: All views and opinions expressed in this column are solely of the interviewee, and they do not reflect in any way the opinion of Fibre2Fashion.com.