Rajiv Garg , MD of Garg Acrylics Limited has been elected as President of Northern India Textile Mills’ Association (NITMA), the apex body of textile industry in North India. NITMA elected its new leadership team in its executive committee meeting held very recently at Ludhiana.
Manish Bagrodia, MD, Winsome Yarns Ltd. was elected as Senior Vice President and Mukesh Tyagi ,Director, BST Textile Mills Pvt Ltd., was elected as Vice President. Sanjay K Jain the outgoing President welcomed & congratulated the new team.
NITMA was established in 1958 and has been since continuously serving the best interest of textile units in Northern India and has been instrumental in creating a linkage between the industry and Government. Its members collectively have a turnover upward of Rs 50,000 crore (approx. $8 billion).
Speaking on the occasion Garg said that the industry is confronted with an uphill task of overcoming hurdles in domestic as well as international markets in post demonetisation scenario. He also advocated adopting scientific approach for estimating cotton crop size and cotton arrivals by various agencies.