Federation of Indian Chamber of Commerce and Industry (FICCI) organized its 10th Edition of Annual Textile Conference (TAG 2018) on 02nd November, 2018 at Hotel Vivanta, TAJ President, Mumbai.
Mr. Arjun Khotkar, Minister of State for Textiles, Govt. of Maharashtra was the chief guest for the function. Other dignitaries Suresh Kotak, Chairman, Kotak & Co.; Ajit B. Chavan, Secretary & CEO, Textiles Committee; Dr. M. R. Ravi, Commissioner for Textile Development, Govt. of Karnataka; Prashant Agarwal, Jt. MD, Wazir Advisors were on the dais.
Mr. Arjun Khotkar, Minister of State for Textiles, Govt. of Maharashtra today said that Maharashtra, which currently lags in silk production, will become the exporter of silk in next 5 years. This is due to new textile policy of the government which provides various incentives and support for the promotion of the sector.
Speaking at the 10th edition of Annual Textile conference ‘FICCI-TAG 2018’ Mr. Arjun said, “Currently we import 8000 metric tons of raw silk due to higher demand and shortage of silk production in India, however, Maharashtra alone will be able to wipe out this deficit and export raw silk in next 4-5 years”. He added that “After the huge success of Nandgaonpeth Textile Park in Amaravati, Maharashtra government will set up nine more textile parks in the state on the theme of cotton to cloth, farm to fashion, which will be engines of job creation in the state”.
Mr. Ajit B.Chavan, Secretary and CEO, Textiles Committee said “Climbing up the quality value chain and ensuring complete compliance to domestic and international requirements of sustainability is the only key to success for the Textiles industry of India. The sooner industry learns and accepts it; faster would be the process of harnessing its rightful potential.”
Dr. M. R. Ravi, Commissioner for Textile Development and Director of Handlooms and Textiles, Government of Karnataka shared the state government’s initiatives with regards to the development of textile and garment sector and how the incentives and benefits of upcoming textile policy of Karnataka will strengthen the Textile industry in Karnataka.
L to R: Suresh Kotak, Chairman, Kotak & Co.; Arjun Khotkar, Minister of States for Textiles,
Govt. of Maharashtra, Ajit B.Chavan, Secretary & CEO, Textiles Committee; Dr. M. R. Ravi, Commissioner for Textile Development, Govt. of Karnataka; Prashant Agarwal, Jt. MD, Wazir Advisors
Mr. Arjun Khotkar also released the FICCI-Wazir Advisors report on Building a New Age Textile Industry during the seminar.
Overall Conference was interesting and informative. About more than 200 delegates attended the conference.