2nd CEO's Conference

The Second CEOs' Conference of Textile Mills here on September 28 would take stock of the situation in the textile industry and formulate strategy to sustain growth of the sector. Despite the industry achieving substantial growth in the last three years, of late, it has been encountering issues like Rupee appreciation, increase in finance and raw material cost and poor quality power supply, according to Southern India Mills' Association (SIMA), organisors of the conference. The industry, therefore, was in a critical situation, where it needed to take stock of ground realities and formulate a strategy to sustain the growth, SIMA said. Experts from across the country and abroad would deliberate on the issues confronting the sector and suggest ways to overcome the current crisis and make the textile entrepreneurs in the country globally competitive, it said.

The Conference titled +Recipe for Enhancing Competitivenes of the Textile Industry,+ would have sub-themes like success stories with specific reference to technologhy, marketing, branding, vertical integration and capacity building, raw material resource with particular reference to cotton, poleyster and viscose and resource management pertaining to retaining talents, finance and value addition. Union Minister of State for Textiles, E V K S Elangovan would inaugurate the conference, in the presence of Tamil Nadu Rural Industries minister, Pongalur N Palanisami and Handlooms and Textile Minister, N K K P Raja.

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