14 th Annual General Meeting of Indian Technical Textile Association-FY 2023-2024

Lamp Lighting Ceremony

The Indian Technical Textile Association (ITTA) successfully concluded its 14 th Annual General Meeting (AGM) on 13 th September 2024 at the Orchid Hotel, Mumbai. The meeting was chaired by Shri Avinash Misar, with a large presence of ITTA members, special invitees, and press media representatives. Dr. Anup Rakshit, Executive Director of ITTA, warmly welcomed the distinguished guests, members, and press representatives to the event. Shri. Mahesh Kudav, Vice Chairman conducted the Business Session. The AGM was honoured by the presence of Shri. Rajeev Saxena, Joint Secretary (Textiles), Ministry of Textiles, Government of India, as the Chief Guest and Shri. Virendra Singh (I.A.S.), Secretary (Textiles), Government of Maharashtra as a Guest of Honour.

Shri. Rajeev Saxena addressed the ITTA members, emphasizing the critical role that ITTA has played over the years as a dedicated association in uplifting the technical textile sector and its pivotal role in liaisoning between the industry and the government, driving innovation, sustainability, and growth within India’s textile industry. He acknowledged ITTA’s significant contributions to these areas, particularly its involvement in major committees such as the Mission Steering Group and the Empowered Programme Committee, start-up scrutiny
committees under NTTM to effectively implement the schemes.

“Two-thirds of the investments under the Production Linked Incentive (PLI) scheme are directed towards technical textiles.” Of the total Rs. 60 crores allocated, Rs. 40 crores are dedicated specifically to this sector, reflecting the government’s commitment to fostering innovation and growth, Shri. Saxena said. He Stressed the importance of innovation for the industry’s future and encouraged companies to participate in market-
focused R&D initiatives. The government will cover 90% of these costs, while companies will retain Intellectual Property Rights (IPR) for 3 to 4 years. He also announced that the government will soon introduce Quality Control Orders (QCOs) for an additional 11 key technical textile products. These measures are intended to prevent the dumping of inexpensive foreign products into India, offering domestic companies’ opportunities to strengthen their supply chains and enhance competitiveness.

Addressing the need for conventional textile manufacturers to diversify into technical textiles, Shri. Saxena urged ITTA to guide companies in utilizing their spare capacities to boost productivity and profitability. He also suggested organizing training and skill development programs, as well as seminars and workshops in Tier-2 cities, where excess manufacturing capacity exists, to facilitate the dissemination of technical knowledge and further benefit the industry.

Shri. Virendra Singh briefly presented the Maharashtra’s State Textile Policy, with a major focus on Technical Textiles. He highlighted the key features of the policy, including the development of Six Technical Textile Parks – one in each revenue division of the state. The policy provides substantial support for establishing these parks, including: Infrastructure Support, Capital Subsidy, Support for Solar Plants, Support for Zero Liquid Discharge, Support for Effluent Treatment Plants. In this context, an Expression of Interest (EoI) will be released soon and the Maharashtra Technical Textile Mission also will be launched within the next two months. Shri. Singh said that collaboration with an industry body like ITTA will go a long way to implement the state policies, for which a Memorandum of Understanding (MOU) between the Textiles Department of the Government of Maharashtra and ITTA will be signed soon.

Shri Avinash Misar, Chairman, ITTA, in his address, extended heartfelt gratitude to the Ministry of Textiles for its unwavering support in fostering the growth of the technical textile sector. Shri. Misar highlighted the need
for the Govt. to address several key issues, including the availability of basic raw materials such as specialty
fibers, yarns, chemicals, and polymers that are essential for manufacturing high-end technical textile products but are not produced in India. He urged that Quality Control Orders (QCOs) is a welcome move, but it should not be imposed on upstream sector, like specialty raw materials which are not produced in India, as this could adversely affect the growth of upstream and downstream sectors.

Shri. Mahesh Kudav, Vice Chairman, ITTA conducted the Business Session during which the Directors’ Report
& Audited Balance Sheet for the FY 2023-24 was passed and Announcement of new Board of Directors for FY 2024-25.

Dr. Anup Rakshit, Executive Director of ITTA informed ITTA’s new initiatives during the year. ITTA ha launched two new categories of its membership- Associate & Student Membership during the AGM. In response to numerous requests from individual entrepreneurs and startups entering or wanting to enter the technical textile industry this is introduced, in addition to the existing Corporate Membership.

Another focused initiative is taken by ITTA is to collaborate with Academic Institutions on organizing ‘Education and Training Programs on Technical Textiles‘ specifically designed for faculty members and students. This will also support the NTTM’s goal of achieving the target of trained personnel for the academic institutions & industry. With ITTA’s existing Entrepreneurial Development Programs (EDPs) ITTA has trained over 200 candidates so far.

MOU SIGNED BETWEEN ITTA & TVC MEDIA –

ITTA has signed a Memorandum of Understanding (MoU) with TVC Media & Promotion Pvt. td. to jointly launch a new magazine, namely – Technical Textiles Value Chain Magazine for focused exchange of communication on Technical Textiles.

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LIFETIME ACHIEVEMENT AWARD –

A notable moment during the meeting was the presentation of the “Lifetime Achievement Award” to Shri. Pramod Khosla, Chairman of Khosla Profil Pvt. Ltd., for his outstanding contributions to the technical textile industry and his lasting impact on the field. Shri. Khosla was inducted into the ‘ITTA Hall of Fame’, in addition to Shri. Yogesh Kusumgar of Kusumgar Corporates and Shri. Mohan Kavrie of Supreme Nonwovens.

Shri. Pramod Khosla was honoured with The Lifetime Achievement Award

Shri Anil Kumar Vasupillai, Additional Executive Director, ITTA, extended a vote of thanks to chief guest, guest of honour, all the attendees and invitees, reaffirming ITTA’s commitment to being the voice of the Indian Technical Textile industry and collaborating with the government on policy initiatives.

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