April 20, 2024
Corporates

Precot Joins ITMF As Corporate Member To Expand Global Reach

Precot, a leading provider of a diverse range of cotton products for cosmetic, personal hygiene and medical applications, has recently become a Corporate Member of the International Textile Manufacturers Federation (ITMF). This move is poised to enhance Precot’s international standing and foster collaboration within the global textile industry.

Christian Schindler, Director General of ITMF, expressed enthusiasm about welcoming Precot as a new Corporate Member, emphasizing the strengthening of Indian representation within the federation. He noted that Indian companies, including Precot, are capitalizing on a robust domestic market and increasing interest from global sourcing entities. Schindler highlighted that Precot’s decision to join ITMF following its participation in the ITMF Annual Conference 2023 in China is a positive indicator of the unique international platform that ITMF provides for companies worldwide. He expressed confidence that Precot will derive substantial benefits from its membership, gaining direct access to industry-specific information, an international network and representation in global forums.

Ashwin Chandran, Chairman & Managing Director of Precot, underscored the appeal of ITMF in representing the entire textile value chain, from fibre production to the manufacturing of apparel, home textiles and technical textiles. He emphasized the significance of having access to industry peers from diverse countries, facilitating the establishment of an international network. According to Chandran, this global perspective is instrumental in comprehending the dynamics of the textile industry on a worldwide scale. He expressed conviction that the information accessible through ITMF and the relationships forged with colleagues globally will empower Precot to make more informed decisions.

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