Indian Texpreneurs Federation (ITF) recently organised a visit for various textile entrepreneurs in Coimbatore. These entrepreneurs discussed key issues to bring stability in the textile sector. They are eyeing reductions in cotton prices and freight charges.
Around 120 directors of spinning mills discussed these issues in an interactive session, according to Indian Texpreneurs Federation.
Some of the other key points discussed were cost reduction techniques, sharing of benchmark numbers with regard to productivity, best practices to be adopted to improve manufacturing and more, according to ITF convenor Prabhu Dhamodharan.
Amongst those who participated in the event apart from ITF were Andhra Pradesh Textile Mills Association, Telangana Spinning and Textile Mills Association, Spinners Association, Gujarat.
Also discussed in the meet were market trends and quality parameters as well as market intelligence regarding domestic and export markets for yarns and fabrics.
The participants emphasised on the sharing of knowledge in adding value to the sector and research on global and domestic trends in ‘textile and fashion’.
