India China Textile Co-operation Forum was organized on 11th December 2019 at Matchmaking Lounge of Hall No. 1 at Bombay Exhibition Center, Goregaon from 2.00 pm to 5.00 pm
The Forum began with Mr. Arvind Sinha, Ex-president of Textile Association of India who set the tone with his speech talking about merits of collaborative approach between India and China. He also mentioned China has come a big way as far as textile and apparel industry is concerned taking largest pie of the industry as far as total trade is concerned and this growth is phenomenon which has happened in past three decades. Gradually they have increased their stake and reached to this stage.
Mr. Avinash Mayekar, MD & CEO of M/s Suvin Advisors Pvt Ltd, while speaking on his topic ‘Possibilities of joint collaborations, importers of Textile Machines, Dyes Stuffs and Fabric from China’ said that we Indians have to accept China as a “big brother.” He also stressed on the point that there is no culture of dedication and commitments towards work in Indian Textile industry hence we lack in efficiencies. We need to have collaborative approach in between two countries to achieve common goals. He stressed upon further stating that India has it’s large strength of processing cotton based products in the international market hence India can supply cotton based technical textiles, hand loom products, grey fabrics to China. Similarly, China can supply high quality garments back to India. China also excels in digital printing & machinery manufacturing as well as creating huge scale of economy and appropriate large size infrastructure. There can be arrangements of such bilateral trade in between the two countries. As far as machinery sale is concerned, both the countries have good scope for various machines for e.g. China is very strong in sewing, embroidery, digital printing & weaving machines along with some wet processing machines whereas India is strong in spinning machines and some processing machines. Mr. Mayekar also said that both countries should understand their strengths and weaknesses and accept whatever is required to benefit both countries. Mr. Manish Daga who owns brand Cotton Guru informed about the importance of cultivation of clean cotton, what things needs to be done and how India is progressing in this particular field and both the countries have opportunity to close on the entire world.
The panel discussion on the topic ‘Importance of Indo-China Textile Co-operations’ included panelist like Mr. Avinash Mayekar – MD & CEO Suvin Advisors, Mr. Subhash Bhargav – Chairman & Managing Director Colorant, Mr. Manish Dagga – Managing Director Cotton Group and Mr. Hemant Sonare – Group Director for Wanjari Group of Institutes along with Mr. Arvind Sinha as the moderator.
L to R: Mr. Hemant Sonare, Mr. Avinash Mayekar, Mr. Arvind Sinha, Mr. Manish Dagga and Mr. Subhash Bhargav
On India China Cooperation possibilities According to Mr. Manish Daga, China is exporting thousands of items to world & India whereas India exports very few items to China. Being similar climatic conditions & crops to grow are also similar, but China has capitalized on the economics of strain and also on research, development and value addition. India needs to learn this from China. India has benefit of availability of raw material, skill sets and low labour cost. India & China should join hands together with their strengths. Mr. Subhash Bhargav said that India & China altogether is having 1/3rd of world’s population. China’s economy development is in two digit for last so many years whereas India’s economy is developing with single digit. Also chemical market is progressive in India and Indians are very good in having quality of effluent treatment plant manufactured, control and disposal of dyes and chemicals. He further added China as well as India are facing social and environmental issues and hence both countries can come together to sort the issues. Mr. Hemant Sonare was impressed that discussion was on cooperation instead of comparison between India & China. India has strength of cotton based products and complete value addition can be done in India. He further added if Quality from India & Quantity form China collaborates, these two countries will be driver of world economy. Mr. Sinha told that the China is having huge manufacturing capacities which are running at 45% -50% only. If utilization increases by 7% – 10%, half of world production will stop
The session was concluded by giving momento’s to all speakers and panelists as a token of appreciation.