Headquartered in Rusayl Industrial Estate complex about 50 kms from Muscat, Oman Textile Holding Co SAOG, a Joint Stock Company is owned 100% by Omani Nationals – the Omzest Group. The Group deals into all types of manufacturing, trading and agency representation including electro-mechanical, office equipment and telecommunications, agricultural, dairy and foodstuffs; services, shipping, travel and tourism; construction and contracting; banking, insurance, stock broking, finance and investments. With 75 wholly owned and associate Companies under its umbrella, Omzest Group forms one of the Sultanate's premier and diversified business conglomerates - all due to the vision, the foresight, and the far sightedness of the founder & promoter His Excellency Dr Omar Zawawi. Mr Yousuff Ahmed - the Executive Director of Oman Textile Holdings Co SAOG has been functioning out of Singapore, before relocating to Muscat. Mr Ahmed is from Pondicherry India home to the renowned Auroville & the Aurobindo Ashram, qualified in Textile Technology from the University of Madras, marketing modules from business schools, commenced his career with Messrs Binny Limited then a British Company, manufacturer, marketer & exporter of apparel and clothing headquartered in Madras. He has had assignments in Indonesia, Hong Kong, Nigeria, and India, predominantly in the textile sector. In his career span across countries, Mr Ahmed has served many leading companies on a broad set of topics related to marketing, operations & strategy. He has also been guest faculty in management schools, and likes to unwind with a younger crowd updating them. Mr Ahmed reads a lot and is fond of travel. He also manages time to the health club- after all ‘Health is wealth’ he believes. In a tête-à-tête with Face2Face team, Mr Yousuff Ahmed pours out more about strengths and areas of improvement for select industry in Oman.
Can you provide us a glimpse on the current textile & clothing industry of Oman?
Oman Textile Mills is the only vertically integrated manufacturer in the Sultanate of Oman. It has modern weaving machines and state of the art printers . There is no other similar facility in the Gulf region ! There are several garmenting units , not doing well after withdrawal of quantitative restraints by the World Trade Organisation in 2005. India, Pakistan, Indonesia , Bangladesh etc traditionally lead the traffic in this sector !
Do you think Oman and the US Free Trade Agreement (FTA) had brought forth the fruits benefiting textile and clothing industry of Oman?
The recent agreement between USA and the Sultanate of Oman has indeed brought cheer to this sector, a revival of hopes. This is a fine opportunity at our doorstep. We are seriously examining the various options, leasing lines, up-scaling capacities, joint ventures, strategic alliances, so on so forth.
What is your opinion on non wovens-special fabrics, and their potential aligned to your other various business interests?
Yes technical textiles, medical textiles, geo textiles, non wovens, special clothing, the list is endless - vast potential & compatible with our core competency . Let me be candid - we are working on various business modules . This is an on going exercise . I am unable to disclose any firm plans at present .
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.