- About ATEXCON -

Confederation of Indian Textile Industry (CITI) organized the 10th Asian Textile Conference (ATEXCON) on Wednesday, August 17, 2022, in Hotel Shangri-La Eros, New Delhi. The one-day event focused on the prospects and challenges of the Textile Industry in the next decade. Union minister commerce and industry, consumer affairs, food, and public distribution, and Textiles Shri Piyush Goyal inaugurated the 10th ATEXCON and delivered a Keynote address at the conference. Smt. Darshana Vikram Jardosh, Minister of State for Textiles & Railways was the Guest of Honour for the event. Shri Piyush Goyal, in his keynote address, called upon the Textile industry to focus on innovation and sustainability to drive growth. According to him, India’s textile industry can achieve $1 trillion in 5-6 years if it focuses on the 5-point mission — Innovation, Sustainability, Digitization, Newer Products, and Utilization of Free Trade Agreements (FTAs).

The theme session on “Reimagining the Textile and Apparel Industry for the Next Decade” was addressed by Smt. Darshana Vikram Jardosh, Minister of State for Textiles & Railways. She urged the industry stalwarts to prepare themselves to face the challenges of a structural shift in the global textile market. Shri T. Rajkumar, chairman of the Confederation of Indian Textile Industry (CITI) in his welcome address said that the global textile industry is witnessing a reshuffle of the entire supply chain including the countries from which apparel is sourced. Terms like ‘China Plus One’, re-shoring, onshoring, etc are being commonly heard in interactions across the textile value chain. He said that the value of global textile and apparel exports stood at $828 billion in 2021, registering a growth of 8 percent over $770 billion in the previous year.

CITI and Egyptian Cotton also signed a Memorandum of Understanding (MOU) in the presence of the Minister, Shri Piyush Goyal. Both the industry bodies will work together for mutual benefits.

The Conference also received good support from the textile industry as LMW being the Platinum Sponsor, RIETER - Gold Sponsor, INDIA ITME Society - Silver Sponsor, MCX Awareness Partner, etc.

Southern India Mills Association (SIMA), Denim Manufacturers Association (DMA), Tiruppur Exporters Association (TEA), The Cotton Textiles Export Promotion Council (TEXPROCIL), UAE-INDIA Business Council, Ahmedabad Textile Industry Research Association (ATIRA) and Northern India Textile Research Association (NITRA) were the supporting partners.