Wednesday, Aug 21, 2002
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By Our Special Correspondent
The conference is of particular importance to India as it is scheduled to discuss in depth the scenario that is likely to emerge once the quota regime for textiles exports comes to an end on January 1, 2005.
In addition, it is taking place at a time when the Indian textile industry is staging a recovery after suffering a slowdown for over a year and when rapid changes are taking place in the way textile units across the world are doing business.
There has, for instance, an increasing trend towards outsourcing of operations including spinning and weaving.
Speaking to reporters, Dr. Jaipuria said the conference was expected to be attended by about 300 textile magnates and experts from across the world. Among other things, it would discuss a paper on WTO and textiles and another on consolidation in global retailing, which had special implications for Indian products and brands.
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