INSIGHTS
- CITI led a delegation to Techtextil 2024, focusing on engagements with Swiss textile companies to advance global textile sector.
- A significant B2B meeting and interactions at the Swiss Textiles booth provided opportunities for innovation and strategic partnerships, reinforced by a Joint Declaration signed during the 19th JEC between India and Switzerland.
Since the signing of the Trade and Economic Partnership Agreement (TEPA) between European Free Trade Association (EFTA) and India, Confederation of Indian Textile Industry (CITI) has been working on strategies to promote business collaborations between India and Switzerland. Under a partnership agreement, CITI has been working closely with the National Textile Association of Switzerland for greater engagement.
In this context, CITI mounted a Textile CEO Delegation to Techtextil 2024 in Germany, the premier international trade fair for technical textiles and nonwovens that ends today. Led by Dr. S K Sundararaman, the CITI delegation actively participated in a series of engagements, especially with textile companies and associations of Switzerland aimed at fostering collaboration and advancing the global textile industry.
A B2B meeting was organised on the sidelines of Techtextil for CITI members to delve into the full spectrum of technical textiles, nonwovens, functional apparel textiles, and textile technologies. It served as a hub for exploration, knowledge exchange, and the formation of strategic partnerships, CITI said in a media release.
The B2B interactions and tour of the Swiss Textiles booth, facilitated by chairman of Swiss Textiles offered insights into the latest innovations and developments in the textile industry, fostering networking and knowledge-sharing opportunities among industry leaders.
The CITI delegation was the first of many such engagement programmes planned for enhancing strategic partnership between the members of CITI and Swiss Textiles towards their shared commitment to advancing the textile sector.
The partnership between CITI and Swiss Textiles was formalised through a Joint Declaration signed on November 23, 2023, during the 19th Joint Economic Commission (JEC) between India and Switzerland. This declaration underscores the dedication of both parties to fostering collaboration and enhancing trade relations, marking a significant milestone in the textile industry.
Dinesh Nolkha, vice chairman of CITI, played a pivotal role in the JEC session, articulating the strategic objectives of the Joint Declaration and outlining plans for deeper engagement with the Swiss textile industry.
The participation of CITI members in Techtextil 2024 reaffirms the organisation’s commitment to leveraging international platforms for driving innovation, collaboration, and growth within the global textile industry.
Source: https://www.fibre2fashion.com/