FCCI chief lauds DICE’s efforts

KHALID ABBAS SAIF

FAISALABAD: Third All Pakistan “DICE” Textile-2018 Innovation event will give positive results and strengthen national economy by reactivating most dynamic textile sector, said Shabbir Hussain Chawla President Faisalabad Chamber of Commerce & Industry (FCCI).

Hosting a reception dinner in honour of the participants of this event, he appreciated the efforts of the National Textile University (NTU) and Directorate of Innovation, Commercialization and Entrepreneurship (DICE) to organise this event for the third consecutive year. A large number of scientists from different countries are participating in this event in addition to local scholars, academicians and industrialists.

FCCI president underlined the importance of textile in national economy and said this event will provide an opportunity to the experts to showcase their inventions and technologies in the textile sector. “It will also provide an opportunity to the local industrialists to interact with the experts in order to catalyze value-addition” he added.

Shabbir Hussain Chawla welcomed the offers of Nebraska University USA to provide best education facilities to the Pakistani students particularly in the field of textile and told that Faisalabad is contributing 60 percent share in total textile exports of Pakistan in addition to fulfilling its 80 percent domestic demand.

Engr Ahmad Hassan former vice president said industrialists and exporters of Faisalabad are earning $6 billion per annum but this amount is much below then their actual potential. He also welcomed the DICE Innovation event and hoped that it will further strengthen the industry-academia linkages.

Dr Tanveer Hussain Rector NTU thanked FCCI for hosting the sumptuous event for the participants of the DICE Textile Innovation event. He told the component of cotton based textile in this globe is only 25 percent while man-made fiber is being used in 75 percent products. Hence Pakistan should also focus on the products manufactured by man-made fiber.

Dr Khurhshed of DICE told that the scope of this year event has been expended including seminar, talks, debates and interactive sessions in addition to the traditional innovation competition. He told that Pakistani textile industry could manufacture airbags for the emerging automobiles industry and in this connection the textile sector should start work right now.

During this dinner, Dr Asad, Dr Saleem Qurashi and foreign delegates made short comments and thanked FCCI for extending hospitality to them.