Sustainability and Innovation: Shaping the Future of Textiles in Emerging Markets

As the textile industry grapples with environmental concerns and changing consumer preferences, sustainability has become a core focus for leading manufacturers. Rohit Aggarwal, who recently took over as CEO of Lenzing AG, an Austrian leader in sustainable fibers, shares his vision for the company’s future, particularly in emerging markets like India. In an exclusive conversation with Financial Express Online ahead of his meetings with ministers and representatives in New Delhi, Aggarwal outlines the company’s strategy to drive innovation, expand its global footprint, and contribute to India’s sustainability goals.

Aggarwal, who brings over three decades of leadership experience in the textile and chemical sectors, is poised to guide Lenzing through an evolving landscape. Under his leadership, the company is focused not only on sustainability but also on developing technological solutions that enhance transparency and efficiency across its value chain.

A New Vision for Sustainability and Innovation

For Aggarwal, the future of textiles hinges on two critical pillars: sustainability and innovation. Lenzing has long been a pioneer in producing fibers made from regenerated cellulose, which is derived from natural, renewable resources like wood pulp. This shift to plant-based materials is in direct response to growing concerns about the environmental impact of conventional textile production, particularly the excessive water usage and pesticide reliance associated with cotton farming, as well as the pollution caused by synthetic fibers.

Also Read Sustainability matters: Building consumer trust through green marketing strategies High GST is preventing innovation in the carbonated beverages industry in India Indriya’s Shantiswarup Panda on redefining fine jewellery with tradition, innovation, and a hyper-local strategy How to make green developments stand out in a competitive market

Also ReadVardhman Textiles approves capex of Rs 350 crore to increase processed fabric capacity

“We see a promising future ahead, with sustainability at the core of what we do,” Aggarwal says. “At the same time, we recognize that continuous innovation will be key to staying competitive. Our ability to adapt and improve our products and processes will help us meet the evolving demands of the textile industry.”

Aggarwal’s commitment to both sustainability and innovation aligns with global trends. As the world shifts toward more eco-conscious consumption, Lenzing is working to ensure that its products not only meet but exceed the growing demand for more sustainable alternatives to traditional fibers.

 » Read More

Related Articles

Global action at this hour – Here are top 5 global cues to watch ahead of market opening

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a higher start on Friday following Asian markets opening on a mixed note in early trade hours. Previously, on Thursday, the NSE Nifty 50 closed the session 22.7 points or 0.10% higher at 23,750, while the BSE Sensex closed flat

Stocks To Watch: IndusInd Bank, Religare Enterprises, Reliance Power, ACME Solar Holdings, Mankind Pharma, RBL Bank, L&T

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a higher opening on Friday. Here’s a look at the key stocks to watch in trade. Stocks in Focus: GIFT Nifty was trading 52 points or 0.22% higher at 23,915 indicating a higher start for domestic indices NSE Nifty 50

RBI allows UPI access for prepaid payment instruments through 3rd party apps

Good news for UPI users! The Reserve Bank has allowed prepaid payment instruments holders to do UPI transactions through third-party mobile applications. Until now, UPI payments from bank accounts could be made by linking a bank account through the UPI App of the bank or using any third-party UPI application. However, the same facility was

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Global action at this hour – Here are top 5 global cues to watch ahead of market opening

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a higher start on Friday following Asian markets opening on a mixed note in early trade hours. Previously, on Thursday, the NSE Nifty 50 closed the session 22.7 points or 0.10% higher at 23,750, while the BSE Sensex closed flat

Stocks To Watch: IndusInd Bank, Religare Enterprises, Reliance Power, ACME Solar Holdings, Mankind Pharma, RBL Bank, L&T

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a higher opening on Friday. Here’s a look at the key stocks to watch in trade. Stocks in Focus: GIFT Nifty was trading 52 points or 0.22% higher at 23,915 indicating a higher start for domestic indices NSE Nifty 50

RBI allows UPI access for prepaid payment instruments through 3rd party apps

Good news for UPI users! The Reserve Bank has allowed prepaid payment instruments holders to do UPI transactions through third-party mobile applications. Until now, UPI payments from bank accounts could be made by linking a bank account through the UPI App of the bank or using any third-party UPI application. However, the same facility was

DAM Capital Advisors IPO Vs Mamata Machinery IPO: Which issue will list with higher gains?

As 2024 enters its final phase with just three trading days remaining, its a busy day at the exchanges with 6 listings scheduled today. Among these 6 public issues making their debut on the Indian bourses, the two mainboard issues that are at the centre of everyone’s attention is – DAM Capital Advisors and Mamata

ACME Solar Holdings Share Price Today Live Updates, 27 Dec, 2024: ACME Solar Holdings on the Radar

Go to Live UpdatesACME Solar Holdings Share Price Today Live Updates, 27 Dec, 2024: The ACME Solar Holdings share is in news and the counter closed trade on 26 Dec, 2024 at Rs 239.75. The shares touched an intraday high of Rs 246.75 in the last trading session while the intraday low was at Rs