Conference on teaching textiles
Staff Report
KARACHI: Dr Anjum Altaf, director of the Sustainable Development Policy Institute said on Saturday burden of maintaining large inventories in the West had been moved from the seller to the manufacturer.
“This made proximity to the market imperative, especially in a market in which styles and fashions changed very rapidly,” he told a 2-day conference on ‘Teaching Textiles’ by the Textile Institute of Pakistan and Associated Textile Consultants.
He said China had been expected to grab the lion’s share of the world market under the WTO rules, but this had not happened.
“Production was distributed among mills and factories, depending on their location,” said Dr Altaf. “Thus, while China supplied Japan and the West Coast of the United States, Turkey and East European countries supplied the wealthy West European markets.”
He said another fascinating trend was the emergence of cities as players in the global market as they sold themselves as investor-friendly locations.
Earlier, Irfan Husain, president TIP, welcomed guests and participants, and explained the purpose and structure of the conference. He said eight working groups consisting of teachers from various textile-teaching institutions would sit with experts from industry to discuss different aspects relating to textiles.
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