The third edition of the Global Textile Conclave (GTC), which will take place on March 15, 16, and 17, 2023 in Jaipur, India, has been officially announced by the Confederation of Indian Textile Industry (CITI).
The third edition of the Global Textile Conclave, with the theme “Strategies for Balancing Sustainability & Profitability in Textile Value Chain,” will be held at CITI, according to T. Rajkumar, Chairman of CITI. The Conclave’s main goal is to talk about the economic benefits of sustainable production. Shri Piyush Goyal, the Union Minister of Textiles, will open GTC 3.0, and Ms. Darshana Vikram Jardosh, the Minister of State for Textiles and Railways, will be the Guest of Honor. Shri Ashok Gehlot, the Chief Minister of Rajasthan, has been invited as the The event’s chief guest.
Rajkumar stated that the textile industry’s future lies in sustainability. The expense of sustainability will, however, be in addition to that. This is why GTC 3.0 is significant for the Textile Value Chain because over the course of the three-day conference, eminent international experts, industry leaders, and policy experts will collaborate to develop a roadmap that will protect against the costs of inaction in the future while still being commercially viable in the present.
He added that GTC 3.0 is being held at the ideal time, now that India has the G-20 Presidency, and that this is an opportunity for India to contribute to issues of international significance, with textiles being one among them.
Rajkumar also mentioned that GTC 3.0 would be improved. Comprehensively, CITI is also putting together the first-ever “India Textiles and Apparel Fair (ITAF)” that will complement the already established Textile Industry of Rajasthan, which is a significant producer and exporter of traditional textiles like Bandhani, Leheriya, and Kota Doria in addition to being the country’s top producer of polyester viscose yarn, polyester viscose suiting, synthetic suiting material, etc.
The “CITI Textile Sustainability Awards,” which have been introduced for the first time to encourage the textile and apparel industry to chart a more aggressive course with both the planet and people at the heart of all the operations, will also be presented during GTC 3.0. He said that the winners of the awards programme, which involved numerous significant textile enterprises, would be announced. during the event. Via sustainable, ethical productions, these awards are intended to recognise and encourage good practises that assist offer greater value propositions to the world’s consumers.
The next session, according to Rajkumar, will include micro-level discussions on topics like sustainable options for the fibre value chain, investment opportunities for sustainable businesses, sharing of local and international best practises that support ethical production and consumption, and a discussion of technology that can help with better material and water management, to name a few. He added that renowned consulting firms and business advisors including KPMG, Grant Thornton, Technopak Advisors, Gherzi Textile Organization, Wazir Advisors, Rajesh Bheda Consulting, Texfash, etc. had been chosen as the event’s Knowledge Partners. Moreover, the occasion will include separate talks with Senior government officials and “Partner Countries” are also included.
India, one of the world’s top producers and consumers of textiles, must be and will be a leader in the sector’s inclusive and sustainable growth, he pledged.
