TEXPROCIL appoints new Chairman | Trade News INDIA
Home » News » Trade News » Texprocil Appoints New Chairman

TEXPROCIL appoints new Chairman

Share: 
      Newsletter

READ MORE ON AppointmentCentury TextilesTexprocilTrade News India

Appointed

Image Courtesy: wealth-monitor.com

India’s Cotton Textile Export Promotion Council (TEXPROCIL) has officially announced the appointment of its new Chairman, Ujwal R. Lahoti, who has taken the charge with effect from 21st November 2016.

The statement issued by the Council states, “After the completion of the tenure of R.K. Dalmia, Senior President – Century Textiles & Industries Ltd., Lahoti has taken the charge. He is also the Executive Chairman of Lahoti Overseas Limited, a listed company.” The decision has come when there are certain structural reforms taking place particularly in the Indian economy.

Lahoti expressed, “I am grateful to all my colleagues in the Committee of Administration of the Council, past Chairman and all the members for having given me this opportunity to serve the trade and industry. I assume charge at a time when we are at the cusp of far reaching changes in not only the way we will conduct our businesses in the coming years but also the global trading environment that will determine the outcome of our efforts at improving market shares.”

Also Read – Texprocil Organizes Exports Award Function

Apart from that, another change took place at the Council as Dr. K V Srinivasan was also duly elected as Vice Chairman. He is currently the Managing Director of Premier Mills Pvt. Ltd., Coimbatore.

Have some news? Let us know on news@apparelresources.com

Comments are closed.

Recommended by Apparel Resources

Bangladesh Police fear workers’ unrest in 598 RMG units

The police of industrial zone of Bangladesh have reportedly expressed fear of possible protests by garment workers pertaining to wages and bonus in...

50 injured in Bangladesh garment workers’ unrest

At least 50 people, including eight policemen, were reportedly injured in a clash between police and garment workers in Gazipur Metropolitan area (Bangladesh) on Wednesday evening. The clash reportedly erupted...

India’s Commerce Minister discusses FTP

India’s Commerce and Industry Minister Nirmala Sitharaman chaired Board of Trade (BoT) meeting to consult industry on Mid-term Review of Foreign Trade Policy...

B’desh banks to work on weekend to disburse Eid bonus, wages

Bangladesh Bank (BB) has reportedly asked all commercial banks in the country to keep their respective branches in industrial areas of Dhaka, Ashulia,...

Cambodia: Talks on minimum wages to commence in July

Cambodian Labour Minister Ith Sam Heng has announced that negotiations on minimum wages would begin in July with a decision expected in the...

Bangladesh to be top cotton importer in 2017-18

According to United States Department of Agriculture (USDA), Bangladesh, the largest cotton importer in world, has been projected to remain the top importing...

Makalot Industrial expects positive year ahead

After the revenues fell drastically for 15 successive months, garment manufacturer Makalot Industrial Company hopes the revenue to bounce back this month. “We...

B’desh Home Minister asks for early release of wages, Eid bonus

Close on heels of workers’ unions in Bangladesh demanding disbursement of festival allowance and wages for the month of June by the 22nd...

Private equity firms buy stakes in Nester Hosiery

US-based Nester Hosiery – a design and manufacturing company of socks for mountaineers, firefighters, military personnel, athletes – has announced that private investment...

Swedish firms keen to invest in Bangladesh garment industry

Two leading Swedish companies, namely Investor AB and ABB Sweden, have reportedly expressed their keen interest to work for the development of Bangladesh’s...