In a strategic move, Precot, a leading producer of cotton products and yarns, has joined the International Textile Manufacturers Federation (ITMF).
Christian Schindler, Director General of ITMF, highlighted the significance of Precot's membership, emphasizing its contribution to strengthening India's representation within the federation.
This development comes amidst the backdrop of a robust domestic market and increased global interest in Indian companies.
Ashwin Chandran, Chairman & Managing Director of Precot, underscored the unique value of ITMF, providing a comprehensive platform that covers the entire textile value chain.
Chandran expressed optimism about the direct access to industry-specific information, international networking opportunities, and ITMF's representation in global forums.
The move signifies Precot's commitment to understanding and navigating the dynamics of the global textile industry, ensuring more informed decision-making in the ever-evolving market.