DAY-2, September 17, 2016
Mr. Prashant Agarwal, Moderator briefing about the panel discussion
Day-2 started with panel discussions “Africa Emerging New Textile and Apparel Hub” moderated by Mr. Prashant Agarwal of Wazir Advisors, Mr. Ashish Agarwal from Arvind Ltd. All the panellists expressed their satisfaction in spite of many odds in Africa. Most of these units are in Ethiopia. They were substantial detailing and it was concluded various tax incentives and marketing incentives it is good to focus on Africa which is also emerging as big consumer market.
GST implications in Textile Industry by Mr. Arvind Bhansali, Sr. Executive Vice President, Reliance Industries Ltd. Mr. Bhansali gave overall picture of GST, how GST will benefit Textile Industry he also expressed there are many clarifications required from Government of India and the process is going very fast.
Mr. Arvind Sinha chairing the Session
He also expressed serious concerns, application of GST on Job work, return on goods, discount offered by various consumer companies including telecoms, this was extraordinary presentations and audience liked it.
Mr. Shishir Mankad, Forex and Its management in imports and exports. Brilliant presentation and Shishir could clarified so many doubts which people had regarding Forex. He also expressed various modalities which are applicable to cover Forex. Over all presentation was very nice.
Dr. Anagha V. Soocheta, Sustainable Fashion: Design, Research and Innovation. Dr. Anagha spoke brilliantly and explained very well Fashion and connectivity between design research and of course innovation. She has expressed innovation is a continuous process and without this survival is very difficult. She gave many examples in new trade and new work created in Textile Industry.
Mr. Manish Daga delivering his presentation on the topic
Panel discussion – IV has focused on Future of Indian Cotton & Global Scenario moderated by Shri Suresh Kotak attended by Shri M.L. Jhunjunwala, Shri Manish Dagga, Shri Sundaramoorthy C. and Shri Hemant Sonare. All the panellists discussed on various situation changing for cotton and how it is impacting in Industry. Mr. Hemant Sonare highlighted the situation in Vidarbha region and how the farmers are getting disturbed. Today Cotton Industry is in a very bad shape and mills are losing money very heavily. There have been lot of discussions in deliberations and session ended with the remarks of Shri Suresh Kotak.
Dr. Gordana Colovic – Importance of Mapping for Development of the Fashion Company Business Strategy.
She mentioned in her presentation that Rapid change of fashion trends, new fabrics and more demanding customers impose the need for flexible production. Mapping is a tool that helps fashion companies in the process of strategic planning to define existing condition or the new strategy and strategic goals.
Most. Setara Begum presenting her paper
Most. Setara Begum – Surface Modification of Polyamide 6.6 Fabric with an Alkaline Protease – Subtilisin. She spoke about Subtilisin treatment is feasible in benign conditions, and grants a clean and dynamic approach for Polyamide 6,6 (PA 6,6) modification. In this study, the Water Contact Angle (WCA) method Capillary Height and Moisture Regain were applied for measuring hydrophilicity.
For characterizing the modification, the Scanning Electron Microscope (SEM), Amino Groups determination, X-ray Photoelectron Spectrometry (XPS) were applied. The physio-mechanical properties were studied through Bursting strength and Fabric Hand Properties.
Mr. Ishtiaq Ali delivering his paper
Braz Costa – Conductive Fibres for Sensing and Energetic Applications. He mentioned that the number of final consumer products based on technical textiles and garments having electronic functionalities are still very limited given the difficulty of such technical applications in combining added functionality, design, comfort and affordable and viable production costs.Therefore, theintegration of electronic components and interactive functionalities onto and into textile structures has been widely researched and developed in the last years.
Mr. Ishtiaq Ali, – Knowledge of Law in our Business Life Eliminating Risk.
Mr. Ishtiaq Ali, Senior Partner of Orbit Law done a remarkable presentation narrating details in our business life and how to take various pre-cautions while conducting business so that your losses are minimized.
Panel discussion – V Design Sustainability for Future Growth
Shri Sharad Kale presenting his paper
Sharad Kale – The Prospects of 3-D Textiles in Indian Composite Industry. He spoke about the composites with laminated textile reinforcement have become basic ingredient in aeronautics and space sector. It is because of the high strength to weight ratio of the composites. In spite of the drawbacks of laminations, the aviation industry is using laminated composites to the tune of 60% to 70 % of the total weight. The new concept of 3- d weaving has added a new dimension to composite industry.
In addition of scores of advantages, it eliminates the problem of delamination which can be catastrophic in aviation.
Ms. Dimple Trivedi Rajani – Process of FDI coming into India and related laws.
Foreign Investment in an Indian Company can be in two forms –
- Share capital (equity and compulsorily convertible instruments) – Foreign Direct Investment
- Commercial loans and bonds (optionally and partially convertible into equity) – External Commercial Borrowings
Foreign Investment Promotion Board (FIPB) is a regulator of all FDI into India Automatic approval is available for investment in most sectors – certain sectors require prior approval of FIPB whereas FDI is completely prohibited in certain other sectors. The sector-specific policy for foreign investment is promulgated under Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000. Presentation was very informative.
Elliyas Mohammad – Waterless Dyeing in India
Elliyas Mohammad from Colourtex has presented a very interesting subject which was liked by audience.
Overall Conference was very excellent and a memorable. It was extraordinary with content, high profile quality speakers from India and abroad, power packed panel discussion, 360 Degree coverage of topics. It was a grand international participation of more than 568 delegates from about 18 countries including Consulate Generals of two countries in India. Conference venue was lavish with excellent arrangement and was a really a grand success.