News & Insights | Textile Industry

RAKESH MEHRA ELECTED AS CHAIRMAN OF CITI FOR TWO YEARS

Published: October 3, 2023
Author: TEXTILE VALUE CHAIN

The Confederation of Indian Textile Industry (CITI) held its 65th Annual General Meeting (AGM) on 29th September 2023, through video conferencing.

Following the 65th AGM, the newly Reconstituted Committee of CITI elected, Mr.  Rakesh Mehra as Chairman, CITI, Mr. Ashwin Chandran as Dy Chairman, CITI and Mr. Dinesh Nolkha as Vice Chairman for two years i.e. 2023-2025.

Taking over the mantle Sh. Rakesh Mehra committed to working together towards collaborative and inclusive initiatives for the growth of the entire textile sector

The brief profiles of the Office-bearers of CITI are given below for your kind reference.

Mr. Rakesh Mehra, Chairman, CITI

Mr. Rakesh Mehra, a Chartered Accountant, is the Chairman of Banswara Syntex Limited (BSL), an integrated textile manufacturer & exporter of yarns, fabrics, and garments, having a turnover of Rs 1,400 crores. Did his schooling in Amritsar & Ajmer and BCom in Chandigarh. He completed his 3-year Articleship with AF Ferguson & Co, Chartered Accountants, Mumbai

Mr. Mehra joined BSL in 1986 and was one of the pioneers in developing the export of Man Made Textiles out of India. He has to his credit the opening up of the fabric export business to the UK and the Yarn Export Business to Turkey.

Mr. Mehra has been associated with various Industry Associations. He was elected Chairman of The Synthetic & Rayon Textile Export Promotion Council (SRTEPC) for two terms. He was President of Indian Spinners’ Association (ISA), and Deputy Chairman of the Confederation of Indian Textile Industry (CITI).

Mr.  Ashwin Chandran, Dy. Chairman, CITI

Mr. Ashwin Chandran, Chairman and Managing Director of M/s. Precot  Limited, Coimbatore has been elected as the Dy. Chairman of CITI.  Mr.  Ashwin Chandran, a B.Sc., (Hons) Graduate in Textile Technology, UMIST, UK and a Post-Graduate (MBA) from the University of Illinois, USA, Shri Ashwin Chandran has held the position of Director in  PC Racing Foundation, The Cotton Textiles Export Promotion Council, Textile Sector Skill Council He has also  been the Chairman of SIMA, Member of CITI Sub-Committee on Manmade Fiber and Yarn and Technical Textiles, Chairman of Yarn Committee of TEXPROCIL, Vice-Chairman of Confederation of Indian Textile Industry (CITI), New Delhi

Mr. Dinesh Nolkha,  Vice Chairman, CITI

Mr. Dinesh Nolkha, is the Managing Director & CEO of  Nitin Spinners Ltd., Bhilwara.

Mr. Nolkha is a fellow member of The Institute of Chartered Accountants of India and The Institute of Cost & Management Accountants of India. He had a brilliant academic career having secured 4th rank on All India Basis in ICMA Final Exams in 1991 and 43rd Rank in ICAI Final exams in 1992.

Mr. Dinesh Nolkha is a member of various industrial associations. He has served as President of Mewar Chamber of Commerce and Industry, Bhilwara, Rajasthan, and Chairman of NITRA, Ghaziabad. Presently he is Vice President of the Rajasthan Chamber of Commerce & Industry, Jaipur, Rajasthan. He has also been conferred by CA Business Leader Award by The Institute of Chartered Accountants of India.

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