Mr. Sanjay K. Jain, aged 43 years, is the Managing Director of TT Ltd. He is a Gold Medalist from IIM (Ahmedabad), apart from being a Cost Accountant and a Company Secretary.
Mr. Jain is a regular speaker at conferences and writer of articles. He was presented the Udyogratna Award in 2010. An expert in marketing and finance, he is the overall in-charge of TT Ltd. He has travelled to over 40 countries and has wide exposure on textile issues.
Mr. Jain feels that TT Ltd. looks to be a 50:50 company in terms of exports and domestic sales. Hence, going forward, the main focus is going to be more on value-added garments business, brand building and the domestic market which is the fastest growing opportunity for it. “We see our cotton-based textiles business growing rapidly, with Vietnam, Ethiopia and the US also providing interesting opportunities. We shall make structural and organizational changes to target higher growth rates of 20-25 per cent per annum”, he says.
He also says that his company is targeting a revenue of Rs. 1,500 crores by 2020 and aims to become more like a garment company rather than an innerwear company.
Mr. Sanjay Jain is the Vice President of FOHMA and WBHA. He is also on the Committee of NITRA, NITMA, SIMA, CITI and FICCI Textiles Group. An advisor for two textile magazines, he also has represented FOHMA on the Cotton Yarn Advisory Board, Sub Group on Textiles and Apparels for 12th Five-Year Plan.
Mr. Jain is a member of the monitoring committee of the West Bengal Textiles and Handloom Industry and a member of the Core Committee promoting the First Hosiery Park in India coming up in West Bengal. With his entrepreneurial enthusiasm, he is part of MentorEdge of IIM, Ahmedabad, and has been a jury and mentor in ET Power Ideas 2010 and 2012.
Mr. Jain has presented a paper on Jainism & Business at the TPF Annual Conference, 2012. Engaged in social projects he is a trustee of TT Charitable Trust which runs a hospital, apart from undertaking many other community development works. He is also the convenor of Udaan, an innovative social education initiative.
Mr. Sanjay K. Jain, was elected Chairman of the Council of Administration, Northern India Textile Research’ Association (NITRA) which elected its new leadership team at its 40th AGM held at the NITRA Campus, Ghaziabad, on September 23.