Page 70 - April-May-2018
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            Panel Discussion Day 2 – What are the key global   development has its own significance. Also, they
            trends steering the textile industry?             need to focus on transparent business model since
                                                              it’s an ecommerce era and transparency is the key to
            [Mr Haroon Ellahi Sheikh-moderator (Director Nagina   building trust. Mr Amjad Baig talked about
            Group), Mr Jos Noterman (SPGPrints B.V., The      opportunities to embrace digital technologies
            Netherlands), Mr Ralf Muller (Sales Manager       through innovation and corporate venturing to cover
            Trutzschler), Mr Khurram Iqbal (CEO GS Group), Dr   the gaps and take advantage and integrate these
            Muhammad Tauseef (Academic and Applied            technologies in existing or new business. He stated
            Researcher University of Leeds, United Kingdom), Mr   that our industry should decide whether to be on a
            Amjad Baig (Textile Consultant)]                  cost leadership business model and take advantage
                                                              of the economies of scale or take advantage of the
            In the panel discussion Mr Ralf Muller told that the   new technologies and serve the niche markets and
            demand is shifting from productivity to automation.   gradually build it. New economy demands new
            Since the labor cost is increasing clients are    strategy and modified operations. Outdated
            demanding machines with more automation and       infrastructure cannot meet the demands of new
            industry 4.0. Mr Jos Notermans added high quality   economy. Furthermore, Mr Khurram Iqbal shed light
            digital printing is demanded on high quality fabric   on global cotton production and its global challenges
            rather than a low quality or cheaper fabric. In further   from supply chain perspective. He explained that














                                                                                                                                   global access. Stakeholders with good insight make   international and local textile stakeholders can make
                                                                                                                                   profit and others go bankrupt. Over the years local   propositions for the prosperity of textile industry and
                                                                                                                                   industry has come down to 400-500 spinning mills   the government, after careful consideration can bring
                                                                                                                                   from 1000. Spinning industrialists need to take   them into motion.
                                                                                                                                   adoptive measures and proper risk management. He
                                                                                                                                   spoke about global production surges in near future.   Mr Anees Khawaja (Director Mahmood Group of
                                                                                                                                   Chinese reserves are low and at some point the    Companies) acknowledged the significance of the
                                                                                                                                   China may be entering spinning to replenish their   conference and how imperative it was for all the
                                                                                                                                   stocks which will have a huge impact on Pakistan   stakeholders to forgather and discuss solutions for
                                                                                                                                   textile industry. Since China is also feeling the heat of   the imminent challenges.
                                                                                                                                   US and China trade war, to take their command back
                                                                                                                                   into the world cotton pricing they might enter the   Mr Haroon Ellahi Sheikh (Director Nagina Group)
                                                                                                                                   market and if they buy more than half of the stocks   congratulated TEXtalks for such a successful event.
                                                                                                                                   the prices will go up which will have a direct impact   He said that for the first time in Pakistan such an
                                                                                                                                   on Pakistan textile industry which can go either ways   initiative was taken at such altitude, with active
                                                                                                                                   keeping in mind the Xinjiang Project.             participation from the government, proving itself
                                                                                                                                                                                     advantageous for the local industry and that it will
                                                                                                                                   Closing the conference, Mr Yousaf Fareed, Editor in   play a key role in policy making in the future which is
                                                                                                                                   chief of TEXtalks International, expressed his    the need of hour.
                                                                                                                                   gratitude to the sponsors, key speakers and
                                                                                                                                   participants who made this conference a success.   For TEXtalks, it was a learned experience. The team
                                                                                                                                                                                     TEXtalks put all the efforts to bring together all the
            discussion, Dr Tauseef said the local textile industry   textile begins with fibers, May it be manmade or              In his feedback Mr Hassan Iqbal (Federal Secretary   key stake holders on one platform to discuss and
            needs to understand the key difference between    cotton. Buying patterns are crucial when it comes to                 for Textile Division, Govt of Pakistan) remarked that   find the solutions for upcoming challenges. We look
            research and development and product              cotton since its 70% of the cost. In the last 10 years               the suggestions provided in the conference will be   forward to host the next session in the following year
            development. The local textile industry is focusing   the pattern has changed from fixed prices to                     contemplated in the making of forthcoming policies.   with higher dedication to make it more fruitful for
            more on product development when research and     fluctuating trend because of digitalization and easy                 Such platforms should be held frequently so that   the industry.

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