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The Textile Magazine
MARCH 2012
dorama Industries Ltd. launched its
spandex brand “Inviya”. Mr. Amit
Lohia, Managing Director, Indo-
rama Corporation, Singapore, and
Mr. R.D. Gupta, Business Head, In-
dorama Industries Ltd., Chandigarh,
briefly explained the different fea-
tures of the new venture.
There were two panel discussions
on the first day. The first discussion
was titled “How to Manage Textile
and Clothing Business? Views,
Experience and Advice of CEOs”.
This panel was co-ordinated by Mr.
Prashant Agarwal, Joint Managing
Director, Wazir Advisors. Mr. Neer-
aj Jain, Executive Director, Vardh-
man Textiles Ltd., Mr. Virender
Goyal, Managing Director, Epic De-
signers Ltd., Hong Kong, Mr. V.K.
Goyal, Executive Director & CEO,
SEL Manufacturing Co. Ltd., Mr.
H.B.S. Lamba, Executive Director,
Must Garment Corp., Bahrain, and
Mr. Rajiv Pande, Vice President,
Maral Overseas, were the panel
members.
The discussion highlighted the im-
portance of understanding the work-
ing environment, training manpower
on both technical and soft skills and
making the company adaptive to
changing market forces. The discus-
sion brought out three key points on
which companies need to focus to
manage their business profitably: the
people asset, looking inward for most
solutions and enhancing adaptability.
The theme of the second panel
discussion was “Innovations and
Technological Developments in
Products, Processes and Machines”.
This panel discussion was co-ordi-
nated by Dr. P.R. Roy, Management
Consultant (Textiles), and joined in
by eminent speakers like Dr. Arun
Pal Aneja, Managing Director, Noe-
ton Policy in Innovation, USA, Dr.
S.C. Anand, University of Bolton,
UK, Mr. Peter Stahlecker, Manag-
ing Director, Spindelfabrik Suessen,
Germany, Mr. Prasanta Deka, Head
- Marketing India, Rieter India Pvt.
Ltd., and Mr. Ashok Juneja, Vice
President - Marketing, KTTM.
The focus of the discussion was
on disruptive innovation, and inno-
vation in processes and products to
achieve higher productivity, qual-
ity and cost reduction. The panel
highlighted the fact that innovation
is meaningful only if it is commer-
cialised. Further, companies should
follow backward integration with
market research on a priority basis.
It was stressed that innovative prod-
ucts like technical textiles should re-
ceive equal attention.
The second day of the conference
witnessed the next four panel dis-
cussions. The third panel discussion
had its theme “Textile and Clothing
– Vision 2020”. The co-ordinator of
the session was Mr. Annurag Bat-
ra, Chairman and Editor-in-Chief,
exchange4media group, and the
panelists included Mr. Sanjay Jain,
Managing Director, T T Ltd., Mr.
Manu Indrayan, Managing Director,
Indian Yarns, Mr. Yatish Pandey,
Managing Director, Texperts In-
dia Pvt. Ltd., and Mr. Manjit Singh
Saini, CEO & Executive Director,
Paramount Instruments.
They suggested that companies
need to create a special niche for
themselves in the market. Further,
the next 10 years would witness
a marked increase in demand for
variety and standardized clothing,
particularly among the youth. The
industry would also attract the youth
keen on improving their career.
The fourth panel discussion with
its theme “Global Trade and its
Competitive Issues” was co-ordi-
nated by Mr. Arvind Sinha, Chief
Advisor & CEO, Business Advi-
sors Group & Allied Energy Group,
USA. The panel members included
Mr. Ashesh Amin, Founder, Reach
Out To India (ROTI), Management
Consultancy, Mr. Rajeev Gopal,
Senior Executive President & CMO,
Grasim Industries, Mr. Sudarshan
Sharma, Director, CD Lifestyle Pvt.
Ltd., Mr. Rajesh Bheda, Principal &
CEO, Rajesh Bheda Consulting, and
Dr. P. Nayak, Director (Market Re-
search), Textile Committee.
The discussion dealt in detail
with factors contributing for export
growth, the role that logistics man-
agement has played for trade im-
provement, the impact of currency
appreciation, increasing labour cost
in China, India’s poor presence in
the technical textile categories like
lingerie, sportswear, technical tex-
tiles, etc., the emerging trade trends
and their impact on Indian export-
ers, and other issues related to pro-
moting competitiveness and trade.
Mr. Ravindra Singh, Managing
Director, Protech India Ltd., co-ordi-
nated the fifth panel discussion titled
“Attracting Investment and Profit-
ability in Textile and Clothing”.
Mr. Sunil Khandelwal, CFO, Alok
Industries, Mr. Gautam Chakravarti,
CEO, Gokaldas Exports, Mr. D.K.
Nair, Secretary General, CITI, and
Mr. Vinod Nagar, Ex-Executive
Director, Syndicate Bank, were the
panel members. Their discussion
events