Global Event to Aid Strategy Development for Global Textiles and Materials
October 5, 2022 Strategies are needed to move the global textile and materials forward to guard against volatilities.
The Textile Association [India] (TAI), the world’s largest professional body of the textile industry with about 25,000 members, is doing its part to provide a global platform to deliberate the needs and future of the industry.
TAI is organizing a global event in Ahmedabad, India Feb. 25-26, 2023, which will attract leaders and practitioners in the field of fiber to fashion, advanced textiles, and nonwovens to discuss and chart our future plans for the sector. The event is aimed at realigning the sector with the future needs and supply and demand scenario.
Speaking about the event, Dr. P.R. Roy, former group Chief Executive of Arvind Group, India, said it was “An event of major significance for the textile industry that will deliberate key challenges and opportunities and endeavor to chart out a growth plan.”
Some of the themes which will receive due attention include how the industry should manage price volatility, develop needed new products, invest in R&D, and focus on sustainability.
Tony Fragnito, President of USA-based Association of the Nonwoven Fabrics Industry (INDA), will attend to interact with industry professionals and discuss the status of the nonwovens sector. Views on the status of the textile sector will be highlighted by representatives from The Southern India Mills’ Association and key companies such as Indorama Ventures.
The importance of research as a way forward will be highlighted by Bryan Haynes, Chairperson of the INDA Board of Directors, who is making the trip to help strengthen much needed global collaboration.
“India’s textile industry provides both direct and indirect jobs to millions and is looking towards its next phase,” stated Mahendrabhai Patel, Honorary Secretary of the world’s largest professional association in the field of textiles. “The TAI will provide a platform for international players to discuss technical and market aspects of the industry, such as R&D, to enhance its strength. We are excited to put forward a major international congress to address timely issues and are very pleased that key people from all over the world are planning to attend.”
The congress is making efforts to attract young entrepreneurs and business leaders to share their experience in dealing with the ongoing COVID-19 and economic crises. Arunkrishna Srinivasan, Director of Jayalakshmi Textiles, will highlight the challenges for the cotton textiles industry and actions needed to go on a high gear.
Timing is critical, as the world is witnessing a slump in the demand of commodity products. The conference will endeavor to brainstorm feasible options for growth such as the development of cost-effective advanced textile products for non-commodity markets, recycle and reuse, and sustainability.
Given that India is a major player in the field of textiles, an event of such a magnitude with global participation will enable growth opportunities by way of global collaborations and interactions.
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