Page 5 - April-May-2018
P. 5

05



                                           Inspiring Change Conference;

                                           Textile Sector neglected in

                                           Budget 2018-19; IGATEX 2018,
             Editor-in-Chief
             Yousaf Fareed                 ITM Turkey

             Editor                        “Inspiring Change” conference      Assembly to improve growth rate of
             Hassan Saeed                  organized by TEXtalks magazine was   textile. Pakistan’s share in global
                                           the first of a series of conferences   exports has fallen to 0.13 percent
             Sub-Editor                    held on April 24-25, 2018 at Lahore   hence; exports should have been a
             Ezzah Aqeel                   (Pakistan) to provide an enabling   primary focus of the budget. Proper
             Alexandros Ali Khan           environment to the local textile   implementation of the budget and
                                           industry. It brought together all   incentives can be very beneficial but
             Advisory Board:               stakeholders to identify, recognize   the resources are hardly utilized to
             Dr. Tanveer Hussain           and propose solutions to the       their full potential.
             Dr. Muhammad Tausif           problems faced and exploit the
                                           untapped potential of the local textile   IGATEX exhibition was held on 26th –
             Marketing Manager             industry in line with the global trends.   29th of April at Expo Center, Lahore.
             Saeed Ahmed                   The event included presentations,   The event provided an opportunity for
             Kainat Khan                   panel discussions and interactive   exhibitors to display and demonstrate
                                           dialogue. The conference proved to   their latest technology and product
             Layouts                       be more than just an intellectual   innovation. Mr Ahmed Bakhsh Narejo,
             Faizan Khan                   activity, it turned out to be a channel   Mr. Gohar Ejaz, President ACIMIT (Mr
                                           of information to decision makers and   Alessandro Zucchi) were the chief
             Marketing Incharge            influencers to inform the future   guests attending the event. In four
             Abdul Mughees                 policies and direction.            days exhibition latest machinery,
             Abdullah Khalid                                                  technology, tools, chemicals and
                                           Federal Secretary for Textile division,   equipment were displayed. IGATEX
             Adddress                      Govt of Pakistan (Mr Hassan Iqbal)   provided a platform to build strong
             C-302, City Towers            was the Guest of Honor for the first   relations within the textile industry.
             Main Boulevard, Gulberg II    day. On the second day, Federal    More than 500 exhibitors from 32
             Lahore-Pakistan               Minister for Commerce and Textiles   countries.
                                           (Mr Mohammad Pervaiz Malik), the
             Phone: + 92 42 35 788 700     Chief Guest of Inspiring Change    ITM exhibition 2018 was held on
             Fax:   + 92 42 35 788 700     conference, addressed the          14-17 April in Istanbul, Turkey. From
                                           conference and distributed souvenirs   64 countries more than 1150 textile
             Email: info@textalks.com      to august speakers.                machinery manufacturers participated
             Skype: textalks                                                  at this exhibition, displaying and
                                           Textile sector voiced their discontent   demonstrating their innovative
             www.textalks.com              with the textile budget 2018-19.   products and technologies. Exhibition
                                           Stakeholders are concerned about   2018 broke a record of approximately
                                           export oriented sectors of textile as   59,000 visitors from 94 countries amid
                                           the budget is not as per their     all ITM exhibitions, raising the bar of
                                           expectations. The budget should    success. ITM 2018 provided a
                                           have been prepared focusing on the   productive platform enabling
                                           scenario of the declining textile   company representatives’ astounding
                                           exports that are constantly falling.   commercial opportunities making
                                           Several amendments in the budget   sales of millions of dollars from the
                                           would be required by the National   first day of the exhibition.




                                                                                        April/May  2018
   1   2   3   4   5   6   7   8   9   10