Activities of the Group

The Young Entrepreneurs Group (YEG) of Confederation of Indian Textile Industry has grown substantially since its inception in March 2003. The Group, comprising young entrepreneurs in the textile industry holding management positions, has expanded from 25 members in 2004-05 to 61 members in 2025-26. More importantly, the membership has expanded beyond members from spinning and weaving segments to clothing and machinery manufacturers. This was the result of a conscious effort on the part of the members to expand the membership base, keeping in view CITI’s broad basing initiatives. Any entrepreneur less than 45 years of age and holding a management position in a textile unit is eligible to join the Group.

The Group usually meets at least 4 times a year and some expert is called in the meetings of the Group for speaking on specified subjects, which could form the subjects for discussions in the meetings.

YEG subscription

Each member has to pay an admission fee of Rs. 30,000/- and an annual subscription fee. The annual fee for each year is decided by the Group in its Committee meeting. The fee for 2025-26 is Rs. 20,000/- + GST. Normal fee cycle starts with the financial year.

Activities of YEG Group since its inception

F.Y. Date Description
2003-04 24-07-2003 First meeting of YEG held in Mumbai.
  23-09-2003 Second meeting of YEG held in Mumbai. Mr. B.K. KrishnarajVanavarayar, then Chairman, ICMF addressed the group.
  04-12-2003 Third meeting of YEG held in Bangalore. Mr. Jagdish Hinduja from Gokaldas Images made a presentation on the expectations of the clothing sector from the upstream segments of the textile industry.
  04-03-2004 Fourth meeting of YEG held in New Delhi.  Mr. Donald Peck, Managing Director, Partner of Actis for South Asia addressed the Group on different financing options, with special emphasis on private equity.
  12-07-2004 Fifth meeting of YEG Group held in Mumbai. Mr. Gulu Mirchandani, CMD of Mirc Industries (Manufacturers of ONIDA) made a presentation.
  21-09-2004 Sixth Meeting of YEG held in Mumbai. Mr. Suresh Lulla, MD, Qimpro Consultants Pvt. Ltd. discussed the relevance of ‘Cost of Poor Quality’ in Management.
2004-05 07-12-2004 First meeting of YEG Group in 2004-05 held.
  07-03-2005 Second meeting of YEG Group in 2004-05 held.
  22-07-2005 Third meeting of YEG Group in 2004-05 held.
2005-06 27-09-2005 First meeting of YEG Group in 2005-06 held in Mumbai.
  17-03-2006 Second meeting of YEG Group in 2005-06 held in Mumbai.
  (23-24)-06-2006 YEG – Hyderabad Residential Programme. Visit to Satyam, Stanza, CII-Green Business Centre, Microsoft Development Centre, Priyadarshini Spinning Mills. Interactive Meeting with Dr. Vivekanand, President of CII’s  Andhra Pradesh Unit.
  24-06-2006 Third meeting of CITI YEG for the year 2005-06 was held in Hyderabad.
  (9-13)-10-2006 A twelve member delegation of CITI’s YEG visited some important textile cities in Turkey. The five day tour covered six units comprising, some integrated weaving and processing centers, some leading garment manufacturers and textile trading companies.
2006-07 02-03-2007 The first meeting of CITI YEG for 2006-07 was held in New Delhi.  Mr. Ashwini Sharma, Asst. Vice President, Industrial Relations, Vardhman Group made a presentation on the HR Practices and the philosophy adopted by the organization for retention and training of manpower in the Vardhman Group.
  03-03-2007 Seminar on Impact of PTAs & FTAs on Indian Textiles and Clothing Industry held in New Delhi.
  14-05-2007 An inter-mill survey for important production parameters was conducted by CITI YEG, in association with NITRA for the third quarter of 2005-06. As a follow up to that, an interactive half day meet of the YEG members with the CEO’s of their companies was held on 14th May 2007 in New Delhi. The meeting was organized to discuss the results of the survey with a view to identify their relative inefficiencies and chalk out action plans for achieving greater production efficiencies. The meeting was also attended by officials from NITRA. 13 mills participated in the survey.
2007-08 12-10-2007 YEG AGM held in Mumbai. Mr. Salil Chaturvedi from Provogue made a presentation on ‘Integration / Collaboration of the Supply Chain for Domestic Markets’.
  (22-24)-08-2008 A Two day Annual Retreat of YEG member was organized at Goa. 25 persons attended the retreat.
On 23rd August, three business sessions were organized. In the first business session on Leadership and DNA-The connect, Mr. Sandeep Chaudhary, Director, Maps n Grow Consulting, made a presentation on the leadership challenges of CEOs in the changing global business system.
In the second business session, Mr. B C Mahesh, Head projects (power division), Thermax, explained the cost effective ways of attaining power in the coming era and the plans thermax unveils in the power sector.
Mr Richakant Mishra, Head, Risk Management Solutions, Dun &Bradstreet made a presentation on ‘Partner in Progress of the Textile Industry.’
2008-09 25-09-2008 YEG AGM held in Mumbai.
  16-02-2009 Members of the YEG Group met at Ahmedabad. Mr. Sanjay Lalbhai, Arvind Mills addressed the Group. Presentations by IIT & TIFAC on Roadmap for Textile Industry.
  11-07-2009 YEG meeting held in Mumbai. Mr. S.V. Prasad, Head, Schroders India (Global Asset Management Company) addressed the Group.
2009-10 18th September 2009 The Annual General meeting of CITI-YEG was held in Mumbai on 18th September 2009.  In the meeting members elected the new Chairman and Vice Chairman of CITI-YEG for the year 2009-2011.  Shri Adarsh Kanoria, Chairman and Managing Director of Bengal Tea & Fabrics Ltd. as the Chairman and Shri Sridhar Varadaraj Managing Director, Premier EvolvicsPvt. Ltd. as the Vice Chairman of CITI-YEG for the year 2009-2011.
  6th of November, 2009 CITI-YEG visits Birla Century, Vardhman Acrylic and Birla Cellulose
The members of the Young Entrepreneurs Group of the Confederation of Indian Textile Industry (CITI-YEG) organized a factory visit at major textile plants in Gujarat on 6th of November, 2009. The YEG team led by Shri Adarsh Kanoria, Chairman, CITI-YEG visited the new state of the art factory of Birla Century at Bharuch, Vardhaman Acrylic at Bharuch and Birla Cellulose at Kharach. Birla Century, Jhagadia, Bharuch The members had an extensive tour inside the plant and were briefed by senior officials of the factory, on the features of various units. They also visited the gas based captive power plant and the effluent treatment unit inside the factory. Located near Jhagadia in the Bharuch district of Gujarat, Birla Century is spread over 100 acres of land. The total constructed area of the mill covers about 45 acres of land utilized for landscaping. The mill has a capacity of producing around 25 million meters of high quality fine and super fine 100% cotton fabrics with employee strength of about 1,200 people. Set up with an investment of about Rs. 850 crore, Birla Century has state-of-the art machines with about 95% of them imported from countries such as Germany, Switzerland, Belgium and USA. Birla Century also has an Effluent Treatment Plant with zero discharge and a captive power plant generating energy from piped natural gas. YEG members were welcomed by senior officials of the plant. They took the delegation around the different units and explained on the innovative features of the production process. Later, Shri R.K. Dalmia, Senior President, Birla Century, hosted a reception to the YEG members at the factory guest house. Mr. U C Garg, Joint President, Birla Century and senior officials of the unit were present at the reception.
Vardhman Acrylics Ltd
The CITI-YEG members visited the Vardhman Acrylics Ltd. (VAL), the joint venture between Vardhman with two leading Japanese business houses namely, Japan Exlan Co. Ltd., a part of Toyobo Group of Japan and Marubeni Corp., Japan. The company has set up an 18000 TPA Acrylic Staple Fibre and Tow production plant at Jhagadia, Distt. Bharuch in the State of Gujarat, India. The world class wet spun technology for the manufacture of Acrylicfiber /Tow has been sourced from Japan Exlan Co. Ltd., Japan. It is a state of the art, highly automated production facility making it amongst the most advanced plants of it’s’ type in the world. Prior to this visit, Mr. Bhushan Lal Uppal, Senior Vice President, Vardhman Acrylics Ltd., made a brief presentation regarding the production process of the factory.
Birla Cellulose and TRADC
The CITI-YEG delegation also visited the Birla Cellulose Factory and the Textile Research and Application Development Centre (TRADC) at Birladham, Kharach. TRADC carries out recipe formulation for innovative fabric designs and thereafter the product and process technology know how is transferred to the textile value chain. It facilitates bulk order fructification by routinely manufacturing mid bulk fabric and yarn quantities based on customer orders. TRADC provides technical projects and training services for academics for updating and upgrading skills.
The YEG delegation was received by Mr. Sunay Kamat, Executive President and unit head of Birla Cellulose. The delegation had extensive discussions with senior officials of Birla Cellulose and the TRADC on Fibre innovations like Birla Modal, Birla Excel, Flame retardant.
4th March, 2010 CITI-YEG Committee meeting and TOYOTA Factory Visit at Bidadi Plant
The Committee of CITI-YEG met in Bangalore on 4th March, 2010 and discussed the Union Budget, 2010-11 proposals and its impact on the textile and clothing industry. On 5th of March, 2010, CITI-YEG members visited Toyota factory and senior officials of the factory explained the Toyota Management practices. The members also had a tour inside the plant to see the manufacturing facilities of the auto giant. Later YEG members also visited the Toyota Kirloskar factory.
27-29 Aug 2010 YEG Annual Retreat at Goa
·         Session with Nandini Vaidyanathan on  ‘What is expected of the Business Leaders of today’. Nandini is an alumnus of Delhi School of Economics and also London School of Economics.
2010-11 20th Nov 2010 CITI YEG Meeting at New Delhi under the chairmanship of Shri Adarsh Kanoria, Chairman, CITI-YEG. Interactive Meeting with Shri Raj Jain, Managing Director, Bharti-Walmart.
17th March, 2011 CITI YEG Meeting at Mumbai
Discussion on
1)       Export Restrictions of Cotton Yarn : Impact
2)       Rising Prices of Cotton
3)       Distortionary duties on textile and textile machinery industry
4)       Impact of rising Power, Interest and Labour cost on the textile and clothing Industry
5)       Forthcoming Activities of CITI-YEG
2011-12 9th September 2011 Annual General Meeting of CITI-YEG
The major items on the agenda were selection of New Chairman and Vice Chairman of CITI-YEG, followed by discussion on Industry related issues, Future activities of CITI-YEG.
2012-13 5th March 2012 CITI-YEG meeting Hotel Westin, Mumbai
27th June 2012 CITI-YEG meeting Hotel Grand Hyatt, Mumbai
5th December 2012 CITI-YEG meeting Hotel Grand Hyatt, Mumbai. Mr Jai Shroff, CEO, United Phosphorous and Mr B S Nagesh, Vice Chairman, Shoppers Stop, addressed the YEG Meeting.
2013-14 24th – 26th April 2014 A delegation comprising of members of CITI-YEG group, led by Mr. Sunil Goenka, Chairman, CITI-YEG visited some of the factories in Sri Lanka during 24 – 26th April 2014.
23rd Sep 2014 Members of the Young Entrepreneurs Group of CITI met at 5.00 pm on 23rd September 2014 at Hotel Westin, Mumbai to discuss the emerging textile and clothing business scenario and the global trends.
2015-16 30th June 2016 YEG Group Meeting held in Mumbai. Shri Naishadh Parikh, then Chairman, CITI was Guest of Honor at the meeting.
28th September 2016 YEG Group met in Mumbai at 4 pm at Hotel ITC Maratha. Mr. Prashant Agarwal from Wazir Advisors made presentation on “China-Present scenario and its impact on Indian Textiles. Apnajugaad.com also made a live demo of their software with case study discussion on “Best Procurement Practices” before the Group Members.
18th November 2016 YEG Group meeting held in Jaipur at 4.30 pm coinciding with ITMF 2016 Annual Conference. The Group’s discussion included Impact of GST, Effect of Demonetization on Textiles, etc. The Group also discussed about proposed Visit to China in March 2017.
2021-22 2nd March 2022 Textile Waste Mapping Study – Interactive Meeting held between CITI YEG & Fashion for Good Team on 2nd March 2022, 4.30 PM on Virtual Platform under their project Sorting for Circularity.
26th March 2022 CITI’s Young Entrepreneurs Group (YEG) organised an Interactive Session on “Complexity of Family Business in Today’s Changing World” on Saturday, 26th March 2022 in “Statesroom”, Hotel Park Hyatt, Hyderabad.  Dr.Sougata Ray, Thomas Schmidheiny Chair Professor, Strategy and Entrepreneurship Practice & Executive Director, Thomas Schmidheiny Centre for Family Enterprise, Indian School of Business delivered the Keynote Address and interacted with the group members. YEG Members also interacted with Telangana Spinning & Textile Mills Association (TSTMA) delegation headed by Shri R.K. Agarwal, Chairman.
2022-23 16th of August 2022 Meeting of YEG held on Tuesday, 16th of August 2022 in Meeting Room 1, Hotel Shangri-la Eros, Janpath, New Delhi coinciding with 10th Asian Textile Conference (ATEXCON).
2023-24 October 26, 2023 CITI YEG Organised a brainstorming session “Current Market Scenario & Future Trends in T&C Industry” on Thursday, October 26, 2023 on virtual platform.
3rd December 2023 CITI YEG Meeting heldonSunday, 3rd December 2023 in Mumbai coinciding with 81st Plenary Meeting of International Cotton Advisory Committee. At the Meeting, YEG elected its new leadership team, Mr. RajjnishAroraa, Chairman, Dicitex Furnishings as Chairman-YEG and Mr. Gautam Ganeriwal, Executive Director, Sitaram Spinners as Vice Chairman-YEG.
YEG Meeting was graced by Mr. Rakesh Mehra, Chairman, CITI and eminent Speakers from GherziTextil Organisation, Mr. Navdeep Sodhi and Mr. Robert Antoshak, Partners who shared their insights on the Topic “Disruptive Trends & Opportunities: Repositioning the Indian Textile Industry” followed by Q&A Session.
26th February 2024 Meeting of Young Entrepreneurs’ Group (YEG) held on 26th February 2024 in Hotel Le Meridien, New Delhi coinciding with BharatTex 2024. Mr. Ramesh Poddar, Chairman & Managing Director of Siyaram Silk Mills joined the meeting and shared his experiences on the textiles business.

On this important occasion following Guest Speakers shared their perspective on global and domestic textile and apparel business:

  • Dr. Christian Schindler, Director General, International Textile Manufacturers Federation, Switzerland.
  • Dr. Rajesh Bheda, MD & CEO, Rajesh Bheda Consulting.
2024-25 25-04-2024 Interactive Session on “Megatrends Shaping the Textile & Apparel Industry” held with Mr. Arvind Singhal, Chairman & MD, Technopak Advisors on 25th April 2024.
07-10-2024 YEG Meeting held on 7th October 2024 in Hotel Shangri-La Eros, New Delhi coinciding with World Cotton Day Celebrations 2024 organised by Ministry of Textiles. On this occasion, an interactive Session on “Seizing Strategic Opportunities in a Shifting Geo-Political Landscape” was organised with Mr. Prashant Agarwal, JMD, Wazir Advisors Ltd as the Keynote Speaker.
15-02-2025 CITI-YEG meeting and Interactive Session on “Global and domestic textile and apparel business” held coinciding with BharatTex’25 on 15th February 2025 in Hotel Park, New Delhi. Guest Speakers included:

  • Mr. Dirk VANTYGHEM, Director General, The European Apparel & Textile Confederation (EURATEX)
  • Mr. Navdeep Sodhi, Sr. Partner/ Mr. Robert Antoshak, Gherzi USA
  • Dr. Christian Schindler, DG, ITMF and Mr. Olivier Zieschank, Director, ITMF
  • Dr. MUKESH Garg, Associate Professor, Monash University
  • Mr. Amitesh Mishra, Director, “Bharat Mart”, DP World Dubai
2025-26 October 24 – 31, 2025 YEG Delegation participated in ITMF Annual Conference 2025, Indonesia and ITMA  ASIA +CITME, Singapore during October 24 – 31, 2025.
18-12-2025 CITI-YEG held its AGM on 18.12.2025 and elected Mr. Gautam Ganeriwal, Executive Director of Sitaram Spinners, as its Chairman for the term 2025–27. Mr. Shailesh Goenka, Director, Texport Industries, has been elected as the Vice Chairman of the Group for the same period.

CITI YEG Member Profiles: 2025-27

Mr. Gautam Ganeriwal
Chairman – YEG
Executive Director, Sitaram Spinners Pvt. Ltd.
Telangana
Mr. Shailesh Goenka
Vice-Chairman – YEG
Director
Texport Industries Pvt. Ltd.
Mumbai
Mr. Ritesh Agarwal
Managing Director
Rajvir Industries Limited
Andhra Pradesh
Mr. Manoj Agarwal
Director
Shubhalakshmi Polyster Ltd.
Mumbai
Mr. Devansh Agarwal
Managing Partner
Ishayu Exports Ltd.
Secunderabad
Mr. Shantanu Agarwal
Managing Director
BMD Pvt. Ltd.
New Delhi
Mr. Raghav Agarwal
Prime Mover & Director
Salona Group
Coimbatore
Mr. Siddharth Sudhir Agrawal
Managing Director
Sagar Manufacturers Pvt. Ltd.
Bhopal
Mr. Harsh Ajitsaria
Director
Zenith Spinners – Rameshwar Udyog Pvt. Ltd.
Gujarat
Mr. Rajjnish Aroraa
Dicitex Furnishings Limited
Mumbai, Maharashtra
Mr. Ashish Bagrodia
CMD
Winsome Textile Industries Ltd.
Punjab
Mr. Yogesh Bangur
Director
Maharaja Shree Umaid Mills Ltd.
Rajasthan
Mr. Aditya Biyani
Director
Damodar Industries Ltd.
Mumbai
Mr. Shreyaskar Chaudhary
Managing Director
Pratibha Syntex Ltd.
Madhya Pradesh
Mr. Vishal V. Chiripal
CEO
Chiripal Ind. Ltd.
Gujarat
Mr. Kapil Choudhary
Deputy Managing Director
Spentex Industries Ltd.
Delhi
Mr. Shantanu Daga
Director
Deepak Spinners Limited
Punjab
Mr. Neelabh Dalmia
Director
GHCL Ltd.
Delhi-NCR
Mr. Ritesh Dodhia
Director – International Trade & Finance
Dodhia Group
Maharashtra
Mr. Sunil Goenka
Director
K S Amine Chemicals
Mumbai
Mr. K. Gokul
Director
Sri Jayajothi & Co. Ltd.
Tamil Nadu
Mr. Akshay Gupta
Director
Proma Industries Ltd.
Maharashtra
Mr. K Hidhay
Managing Director
Systel Energy Solutions India Pvt. Ltd.
Tamil Nadu
Mr. Mohit Jain
Executive Vice Chairman
Indo Count Industries Ltd.
Mumbai
Mr. Sanjay Kumar Jain
Managing Director
TT Limited
Kolkata
Mr. Rahul Jain
Director
SBT TEXTILES PVT. LTD.
Chhattisgarh
Ms. Sagrika Jain
Executive Director
Vardhman Textiles Ltd.
Punjab
Mr. Alok Jain
Director
Indigo Crafts Private Ltd.
Haryana
Mr. Saket Jaipuria
Executive Director
Ginni Filaments Ltd.
Uttar Pradesh
Mr. Nitin Jalan
Director
Jaanvi Spinners
Uttar Pradesh
Mr. Vicky Jhunjhunwala
Director
Vicky Fashion Limited
Mumbai
Mr. Anishkumar Sunil Jiwarika
Managing Partner
Jiwarika Textile Industries
Mumbai
Mr. Manish Kumar
Managing Director
Wearit Group
Kolkata
Mr. D. Niranjan Kumar
Director-Marketing
Sambandam Spinning Mills
Tamil Nadu
Mr. Vishal Lohia
Director
Indo Rama Synthetics (I) Ltd.
Haryana
Mr. Manish B. Mandhana
Managing Director
Mandhana Industries Ltd.
Mumbai
Mr. Varun Maskara
CEO
Conifer Industries Pvt. Ltd.
Gujarat
Mr. Nishant G. Mehta
Director
Haren Textile Pvt. Ltd.
Mumbai
Mr. Pranal Modani
Chief Business Development
Sangam (India) Ltd.
Rajasthan
Mr. Prashant Mohota
Managing Director
Gimatex Industries Pvt. Ltd.
Maharashtra
Mr. Sanjeev Mukhija
Managing Director
Goldenseam Textiles Pvt. Ltd.
Karnataka
Mr. Adish Oswal
(Chairman & Managing Director)
Vardhman Polytex Ltd. (Oswal Group)
Punjab
Mr. Durai Palanisamy
Managing Director
Pallavaa Group
Tamil Nadu
Mr. Gaurav G. Parmar
Joint MD
Rimtex Group of Industries
Ahmedabad
Mr. Chintan Patel
Director
Deesan Tex-Fab P. Ltd. (Priyadarshini Group)
Mumbai
Mr. Pathik Patel
Director
Basil Commodities Pvt. Ltd.
Gujarat
Mr. Umang Patodia
Managing Director
Patspin India Limited
Kerala
Mr. Rajiv Patodia
Executive Director
Eurotex Industries And Exports Ltd.
Mumbai
Mr. Amit Gopal Patodia
CEO / Sr. President
PBM Polytex LTd. (Patodia Eurotex Group)
Gujarat
Mr. Pratush Patwari
Executive Director
Nagreeka Exports Ltd.
Maharashtra
Mr. Harsh Piramal
Vice Chairman
Mararjee Textiles Ltd.
Mumbai
Mr. Sushil Sancheti
Managing Director
Sri Ram Spinning Mills Ltd.
Telangana
Mr. A. Niranjan Sankar
Executive Director
Sree Ayyanar Spinning & Wvg. Mills Ltd.
Tamil Nadu
Mr. Ashish Saraf
Director
Technocraft Industries (I) Ltd.
Mumbai
Mr. Kabir Sehgal
Director
Beekalene Fabrics Pvt. Ltd.
Maharashtra
Mr. Abishiek Senthilnathan
CEO
Acsen Tex Spinning Mills
Tamil Nadu
Mr. Rishabh Shah
President
The Ruby Mills Ltd.
Mumbai
Mr. Rakesh Somani
Director
Sumicot Ltd.
Gujarat
Mr. Chintan Thumar
Director
Alidhra Weavetech Group
Gujarat
Mr. Navin Kumar Todi
Director
Lux Industries Ltd.
Tamil Nadu
Mr. Shaleen Toshniwal
Joint MD
Banswara Syntex Ltd.
Maharashtra
Mr. Arnav Poddar
Partner
Cheer Sagar
Jaipur
Mr. Manoj K Patodia
Vice Chairman & Managing Director
Prime Urban Development
Mumbai

Past Chairmen – CITI YEG Group

Period Past Chairmen – CITI YEG Group
2023-25 Mr. Rajjnish Aroraa, Dicitex Furnishings Limited, Mumbai, Maharashtra
2020-23 Shri Ashish Saraf, Technocraft Industries (I) Ltd.
2016-20 Shri Prashant Mohota, Gimatex Industries Pvt. Ltd.
2013-16 Shri Sunil Goenka, Texport Syndicate
2011-13 Shri Sridhar Varadraj, Premier Evolvics Pvt. Ltd.
2009-11 Shri Adarsh Kanoria, Bengal Tea & Fabrics
2007-09 Shri Vikas Ladia, SRSL Group
2005-07 Shri Ashish Bagrodia, Winsome Textiles
2003-05 Shri Umang Patodia, GTN Textiles
keyboard_arrow_up