Sanjay Jain, Managing Director of TT Limited, was elected as Chairman, Council of Administration, Northern India Textile Research Association (NITRA), the pioneering textile R&D organisation in the country. NITRA elected its new leadership team in its 40th AGM held on September 23, 16 at NITRA Campus, Ghaziabad.
SK Kapur, MD, Surya Processors Ltd, was elected as Dy. Chairman. RK Jain, the outgoing Chairman handed over the baton to the new team. While taking over the charge, the newly appointed Chairman profusely thanked the outgoing Chairman for his invaluable guidance that had helped NITRA grow during his tenure.
Sanjay Jain, NITRA’s new Chairman, is a prominent, dynamic and young textile leader who apart from NITRA, holds various important positions in other associations across the country. He is the President of NITMA and VP of FOHMA & WBHA. He is also a committee member/special invitee of CITI, FICCI Textiles, SIMA, Texprocil, IAAI and AIOE. He is also a regular speaker in conferences and regularly writes articles in various magazines. He combines his industry experience of almost two decades with professional qualifications (MBA from IIM, Ahmedabad, ACMA, ACS). He is also involved directly and indirectly in policy making as member of the Textile Sector Council of West Bengal Government and the Government of India Textile Mentor Committee. He was also part of the Sub Committee on Textiles & Apparels for the 12th Five-year plan.
Immediately after becoming the Chairman, Sanjay Jain attended the Board Meeting at NITRA. Speaking on the occasion, Sanjay said that the industry is going through unprecedented challenges, which has pushed the industry to the brink. He however added that, there is a great opportunity in front of the textile industry to capture the space being vacated by the Chinese industry due to their spiraling costs. However while he was excited at the industry being at a very important threshold, he was worried about the immediate crisis of the industry due to isolated increase in cotton prices in India while global prices were stable.
To conclude, he also mentioned that there is immense potential for conducting need-based R&D and intensifying other support services to the T&C industry and expressed his confidence that NITRA would continue its pursuit for excellence in this direction during his tenure as its Chairman.
NITRA is one of the prime textile research institutes in India. The textile industry and Ministry of Textiles, jointly established NITRA in 1974 for conducting research and providing support services to Indian textiles industry. NITRA’s prime activities include R&D, technical consultancy, quality evaluation of materials, manpower training and technical publication.