Mr P D Patodia, Chairman, FICCI-Textile Committee said that it has become amply clear by now that Indian textile and clothing exports are unlikely to meet the target in the current year as a result of Rupee appreciation. He noted that for the first two months of current fiscal year i.e. April-May 2007-08, India's textiles export declined by 6.8% and readymade garments exports declined by 10.48% for the same period.
The meeting was organized to deliberate on the four important policy announcements made by Prime Minister i.e. Policy Resolution for Textile Infrastructure Development Fund & Textile Territorial Investment & Production Complex; National Technology Mission on Technical Textiles; The Scheme of Neighborhood Apparel & Textiles Training Institutes for Job Assurance (NATIJA); and Market Development and Product Diversification Scheme.
Other speakers in the Conference were Mr J N Singh, Textile Commissioner; Mr P D Patodia, Chairman, FICCI-Textile Committee; Mr Chandan Gokhale, President, Reliance Industries Limited; Mr Shishir Jaipuria, Managing Director, Ginni Filaments Ltd; Mr K Ramachandran Pillai, Chairman & Managing Director, National Textile Corporation Ltd; Mr R C M Reddy, CEO, ILFS Cluster Development Initiative; Mr Prashant Agarwal, Associate Vice President, Teknopak Advisors Pvt Ltd; Dr B V Somasekhar, Deputy Director General, Apparel Export Promotion Council (AEPC); Mr Amarendra Khatua, Joint Secretary, Department of Commerce; Mr SanjeevSaran, Chairman, SRTEPC; Mr Updeep Singh, President, Welspun India Ltd; Mr Manohar Samuel, Senior Vice President (Strategic Marketing), Birla Cellulose; Mr Tarun Joshi, CEO, Brandhouse Retails Ltd.
Federation of Indian Chambers of Commerce and Industry
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