Ninth Atexcon takes place in Mumbai

The ninth edition of the Asian Textile Conference (Atexcon) took place in Mumbai on March 14 organised by the Confederation of Indian Textile Industry (CITI).

On March 14, CITI’s Atexcon was held at Mumbai’s Hotel ITC Maratha and, over the course of the day, talks were held on the textile industry’s current issues and upcoming technologies. Focus areas included policy “support to achieve 300 billion dollar markets”, “innovations and technological developments shaping the future of textile manufacturing”, “global value chain- trade and investment perspectives”, and “retail in textiles and apparel: emerging scenario”.

A presentation was released during the conference that stated: "Through policy measures by the government in partnership with the industry, India could achieve USD 80 billion textile and apparel exports at an annual growth of nine percent. The overall market is expected to grow at 11 percent annually to reach USD 220 billion by 2025." This promising prediction was then discussed by policy makers, industry leaders, and sector experts among others.

The policy support that the textile industry currently requires was also discussed and it was agreed that research and development (R&D), quality and productivity enhancement schemes, and labour law reforms were all required in the near future. The Textile Commissioner, Kavita Gupta, spoke about how the government plans to integrate the textile industry through the continued construction of textile parks in order to tie together the value chains. With 72 such parks already, the idea is to continue to expand this scheme.

Ninth Atexcon takes place in Mumbai

See also