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Importance of innovation stressed at SDC EC meet

Oct 18, 2019
Importance of innovation stressed at SDC EC meet

SDC EC in India successfully conducted a half day seminar on 26th September 2019 for Bhiwandi cluster at Satkar Grande. The topic of the seminar was close to everyone’s heart “Driving costs in value chain of Textile through Innovation.” The event was well attended by the representatives from stakeholders of textile value chain who are all equally responsible to innovate in their areas in order to drive down costs.

Lipika Nair gave an introduction of the days topic to all the guests followed by the lighting of the lamp by all the dignitaries. Sandeep Singh welcomed the delegates, speakers & panellists to the seminar. He expressed gratitude that so many people representations from dyes and chemical manufacturers and processors were present there. Yogesh Gaikwad then introduced SDC, its Mission and its objectives to the delegates

The keynote speaker for the day was Gautam Makharia, Joint MD of Pushkar Chemicals. He emphasised the 3 Ps of sustainability and how innovation alone can bring about profits through a zero-waste cycle wherein, the by-product of one can become the raw material for the next process/ product. He very well illustrated that at Pushkar, how they have created this cycle so that they are able to bring down the costs of the products and be present in a number of verticals in the industry.

The chief guest Punit Makharia, Chairman & MD of Pushkar Fertilisers & Chemicals talked about how stability & sustainability was important to create wealth. He gave example of the polluting Industry of China which are being phased out since they were more focussed on manufacturing more and more with total disregard for the disposal of the waste.

This was followed by a Lecture on sustainability by Dr Mahapatra who said that by using the right kind of dyes which not only ensures we have the colour depth using lesser amount of dyes , also ensures lower water and power consumption , which the results in lower cost of dyeing. The second speaker was Mitesh Shah (Sales head SF Dyes) who was supported by Sunil Sharma from Archroma. He expressed concern that the garment industry which is slated to grow to 2.6 trillion by 2025 must innovate in all stages of the value chain in order to be sustainability brought to fore innovations dyeing and in finishing concepts which not only allow for savings in process time ( one bath ) but also allow the garments to be cared for in an easy manner using less water for washing & less energy for ironing

Introduction to ITMACH was given by Gohain. He announced the dates for ITMACH India to be held on 5-8th Dec 2019 wherein it will be a marketplace to interact with potential new and existing investors.

The panel discussion was chaired by Sanjay Sathe from Archroma, on the panel were Sunil Chari Director from Rossari Biotech, Kalpesh Jain from Silkon Group, Dinesh Jain Director at Rishabh Apparels, Dakshesh Desai -VP _ Business development at Sohan Dyechem & Abhirup Khetrapal from Bombay Crimpers.

At the end, Sachin Pulsay gave the vote of thanks.