The event attracted 25 high-level participants, including directors and promoters of mills from all over India and was held under the theme, ‘Roadmap to the future of the spinning industry in India’.
“The shared experience of top textile executives, a global-scale retail group and the leading provider of textile quality management technology gave a unique insight into the Indian textile industry,” Uster said in a press release.
“Market forecasts, valuable business intelligence and a realistic analysis of problems and solutions combined to draw up a ‘Roadmap for the Future’ for India’s spinning mills at the event,” it added
Khandelia provided a telling and hard-hitting account of the key issues and options for Indian spinners and he began by outlining the problems mills face in adapting to new market trends.
“This was often restricted, by the existing plant design and set-up, which prevented innovations that did not fit with the mill’s capabilities,” he said.
However, dramatic solutions could be found, as when, early in his career, he revived a 200,000-spindle mill earmarked for closure by initiating product diversification instead.
Calvin Woolley from Ikea forecast that India, which has recently overtaken China as the world’s largest cotton producer, has the potential to be the leader in cotton yarn production too.
According to Woolley, for Ikea, spinning is one of the key points in the value chain, but when cotton prices exploded in 2011, they had to look for alternatives, especially blends.
“For the same reason, air-jet and open-end spinning are taking a bigger share of production from ring spinning,” he observed.
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