Wazir Advisors Partners with ITA Germany to serve the South Asian market
This collaboration will offer sustainability, digitalisation, and contract research services.
Wazir Advisors, India’s leading textile and apparel focused management consulting firm has partnered with Germany based ITA, which is a part of RWTH Aachen University to jointly offer sustainability, digitalisation, and contract research services.
With this partnership, Wazir aims to provide new-age services to textile, apparel, and technical textile stakeholders in the Indian subcontinent who are looking to align with changing times and adopt best global practices. Wazir Advisors’ unique positioning and deep inroads into the regional industry, coupled with ITA’s technical prowess, will bring unmatched value to the industry. The assignments in India will be implemented in coordination with ITA’s India advisors – G V Aras and Dr Mohit Raina.
Commenting on the association, Wazir Advisors Co-founder and Partner, Prashant Agarwal said, “Sustainability and digitalisation have moved from just being buzzwords to being immediate actionable for the textile industry. Push from global buyers as well as anticipated legislation in developed countries will cause the industry to embrace sustainable manufacturing processes sooner than later. Similarly, with the increasing cost of manufacturing, manpower shortage and need for faster decision-making, Digitalisation is taking a centre seat in the industry.” He added, “At Wazir, we are committed to being a part of the sector’s growth and thus finalized a partnership with ITA, Germany to provide best-in-class consulting services to our clients.”
According to Dr Thomas Gries, Head of the Institut für Textiltechnik of RWTH Aachen University (ITA), Aachen, Germany “The entire industry is at the cusp of a major transformation. New products and processes that are compliant with ESG norms will be the only way to success for the industry in near future. Asian countries have so far leveraged the cost aspect, now is the time for them to think about completely different parameters to evolve further. ITA, with its world-class infrastructure, a battery of domain specialists, and vast experience is best placed to assist the industry to plan and implement future-oriented solutions. Our tie-up with Wazir Advisors will bring us nearer to industry stakeholders in South Asia so we can serve them better.”
About ITA:The Institut für Textiltechnik (ITA) is one of the Top 5 institutes at the RWTH Aachen University, which was awarded by the German Federal Excellence-Initiative. Connected to the Institute is:
- The Chair in Textile Engineering of mechanical engineering headed by Univ.-Prof. Dr-Ing Dipl-Wirt. Ing Thomas Gries
- The ITA Technologie Transfer GmbH, Aachen, CEO Markus Beckmann
- The Institut für Textiltechnik Augsburg GmbH, Augsburg, headed by Univ-Prof Dr-Ing Stefan Schlichter
ITA, Aachen has a fully equipped and modern technical centre covering 6,500 m² with about 250 textile machines and test benches.
About Wazir Advisors: Wazir Advisors is a global consulting firm based out of India offering services in sectors of Textile & Apparel, Consumer Products & Retail, and Food, Agri & Dairy. Its scope of services cover strategy, implementation, alliances and skill development. In textile sector, Wazir has worked with leading manufacturers, government agencies, industry bodies, financial institutions, POE players, research centres and international development agencies.