Mr. Suresh Kotak
Mr. Suresh Kotak
Chairman, IACC Textile Forum

Background Note:

India is one of the world’s largest producers of textiles and garments. Abundant availability of  raw  materials  such  as  cotton,  wool,  silk  and  jute  as  well  as  skilled  workforce  have  made  the  country  a  sourcing  hub.  It is the world’s second largest producer of textiles and garments. The potential size of the Indian textiles and apparel industry is expected to reach US$ 223 billion by 2021.

About Textile Forum:

The Indo American chamber of Commerce has formed textile forum to tap emerging opportunities arising in the field of textiles and create a favorable ecosystem in enhancing bilateral trade between both the nations, India and USA.

The forum would create several linkages in increasing trade and investment in textiles and apparel and undertake research & development in various segments of textiles.

Currently the forum is working out on a national theme “America First & Make in India: Achieving USD 100 Billion Trade in Textiles”

Objectives of IACC Textile forum:

  • To facilitate and create synergies in textiles by enhancing bilateral trade between India and America
  • Organize various events to facilitate networking among key stakeholders and address emerging issues for inclusive growth and development of textiles
  • Facilitate business linkage and encourage foreign direct investments
  • Encourage inbound & outbound delegation from India to USA and vice-versa
  • Organize various events to facilitate networking among key stakeholders

Few Initiatives of the Textile Forum

One to One Meeting with Mr Greg Cohen, Director of Sales, Phoenix of Anderson:

The meeting was all about understanding the demand for textile remnants in Indian market. The meeting primarily focused on establishing a linkage with leading textile manufacturers based in India interested in doing business with Shoddy processors based at Atlanta. Mr. Greg Cohen gave an overview about how textile remnants can be further recycled and be a part of Go Green Initiative. The meeting was held on 19th December 2016 at IACC Board Room, Churchgate, Mumbai.

The meeting was attended by Mr Suresh Kotak, Chairman, IACC Textile Forum and Mr Arvind Sinha, President, Textile Association of India and Ms Noella Monterio, Commercial Specialist, US Consulate, Mumbai.

Seminar on Indo US Partnership in Textiles:

The Indo American Chamber of Commerce, Textile Forum organized a “Seminar on Indo –US Partnership in Textiles and Implication of GST. The objective of this Session was to understand opportunities and challenges in doing business with USA in Textiles. The program was held on 18th May 2017 at Garware Club, Mumbai

Mr. Suresh Kotak, Chairman, IACC Textile Forum; Dr. Lalit Kanodia, Immediate Past President, IACC, Dr. Kavita Gupta, Commissioner, Textiles, Govt. of India was the Guest of Honor; Mr Gregory Taevs, Commercial Consul, US Consulate, Mumbai delivered Special Address; Mr Ajit B Chavan, Secretary, Textiles Committee, Govt. of India delivered Keynote Address and Mr Arvind Sinha, President, Textile Association of India gave concluding remarks.

Around 85 people attended the program consisting senior officials from the Ministry of Textiles, Govt. of India, US Consulate, Corporates and Media.

IACC and SGCCI Seminar on “America First & Make in India, Achieving USD 100 Billion Trade in Textiles”

Indo America Chamber of Commerce (IACC) Textile Forum, in association with Southern Gujarat Chamber of Commerce and Industry (SGCCI) organized a Seminar on “America First & Make in India: Achieving USD 100 Billion Trade in Textiles at Samruddhi Conference Hall, Nanpura, Surat, Gujarat.

There is an immense opportunity between both the countries to network & boost trade and promotion. The Seminar organized was to lay down a roadmap towards creating greater synergy & building robust value chain in all spheres of textiles activity for the future and positioning Surat as one of the most preferred cities of investment from America. As, Surat has the largest looms and is considered having biggest manmade textile industry.

Pan India IACC is working towards achieving USD 500 billion trade opportunity. President Trump has mentioned India a “true friend” and considers India as a natural allies.

Textile Forum Members:

Sl No

Name

Designation

Organisation

1

Mr. Suresh Kotak

Chairman

IACC- Textiles Forum

2

Mr. Arvind Sinha

Advisor

IACC Textiles Forum

3

Mr.  K K Lalpuria

Executive Director

Indo Count Industries

4

Mr. Aniruddha Deshmukh

MD

Mafatlals Industries Ltd

5

Mr. Harit Mehta

Director

Haren Textiles Pvt. Ltd

6

Mr. Chintan Patel

VP

Shri Vile Parle Kelavani Mandal

7

Mr Prem Malik

Ex-Chairman CITI

Alder Trading

8

Mr Siddhartha Rajagopal

Executive Director

Texprocil

9

Mr Anil Kumar

Executive Director

The Synthetic & Rayon Textiles Export Promotion Council

10

Mr Pramod Khosla

Chairman

Khosla Profil Pvt Ltd

11

Mr Milind Hardikar

ED

Welspun India P Ltd

12

Mr B K Patodia

ED

GTN Textiles

13

Dr Gangopadhyay

Scientist

SASMIRA

 

Textile Forum Brochure
Seminar Proceedings held at Surat on 13.07.2018
Seminar Proceedings on Indo US Partnership in Textiles 18.05.2017
Letter to Mr Gregory, US Commercial Head