INDIA: Successful Symposium on Automotive Textiles in India
In spite of the present global economy dynamics and the financial meltdown impacting the economies worldwide, emerging countries like India are actually thinking long term by way of upgradation of technology bearing in mind a ‘do or die’ situation . The Indian Automotive Industry (passenger cars) which is amid the top ten in the world with an annual yield of over 2 million units may not be looking so vibrant as of today but certainly has very good future potential for India once the recessionary dust has settled. This was reflected at the symposium on Automotive Textiles that opened to a packed audience and turned out to be a huge success.
The Italian Trade Commission (ICE), the Association of Italian Textile Machinery Manufacturers (ACIMIT) and Business Co-ordination House (BCH) organised a ‘Symposium on Automotive Textiles ’ on January 22, 2009 at Shangri-La Hotel, New Delhi which focused on ‘Italian Technology for Automotives- Engineering Innovative Materials’. The symposium was attended by over 130 delegates who comprised of the key players across the automotive textile industry value chain and the traditional textile industry of India. Additionally there were leading OEMs like BMW, Honda, Maruti, TATA present along with Tier I and Tier II suppliers amongst regulatory bodies and researchers. The symposium’s core concern was application of contemporary Italian Automotive Textile Technology for Indian automotives. Leading Italian machinery manufacturers proposed their most up-to-date innovations in spinning, weaving, knitting, nonwovens, dyeing and finishing thus covering each manufacturing process. The deliberations proved to be very fruitful in an era when OEMs strive to work hand in hand with their suppliers and their supplier’s suppliers to offer innovative and cost competitive products to the consumer.
Added: January 28, 2009Source: Agencies