Page 71 - 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 Outdated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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