“World Textiles – Redefining Strategy”
Textile Industry over thousands of years have been playing a major positive role in the growth of civilization. Wool, Flax and few other natural fibers took the initiative that was eventually taken over by Cotton. Till 12th Century, India led the path of development of cotton cultivation, textile manufacturing and product development. Egypt, China, Peru and others followed India. In the 16th Century Cotton turned out to be the most important item in the world trade. Historians observed “In shaping markets and serving fashion, Indian cotton prepared global consumer markets for the modern industrial age”.
The first step in Strategy formation challenging the then leadership came from UK through the 19th century Industrial revolution. For more than two centuries, textile manufacturing and fashion shifted towards the western world led by Europe and USA. Population growth and availability of raw material took center stage in the strategy development which happened through development of man-made fibers primarily through commercial emergence of cellulosics.
Two consecutive world wars and particularly the World War II brought in radical changes in the product needs and in turn the technology. Man-made Synthetics emerged with the advent of Polyamide followed by Polyester, Acrylics, Polypropylene etc. In the beginning of 70’s, Polyester took the lead in the global fiber consumption scenario. Thanks to growth in population, limitations of natural raw materials pushed the development to third stage of defining strategy. The reuse of fibers, yarns, fabrics and garments through recycling played an important role in circular economy with the intent of containing the growing population needs in the recent decade.
Over the ages, continued defining and redefining of strategy lead to massive growth of Industry giving birth to new raw material, technology, and novel applications. Computer science and lately Artificial intelligence made all the strategic decision sustainable and highly pervasive.
The proposed World Textile Conclave (3) attempts to address key strategic changes in manufacturing, marketing, trade, policies & research to look at the process and steps for Industry to be future ready. We expect a major participation from Industry & Technology leaders, Trade Bodies, Education & Financial Institutions, Policy Makers, Researchers and Economists from within & outside the country at the ensuing World Textile Conclave (3).
For Conference Participation, Kindly contact
Mr. Nirav Shah
CoFounder & Partner – Diagonal Consulting (India)
Email: [email protected]