English Press Release 06.03.2018

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

 Hosting a reception dinner in honor 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 organize 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.

President FCCI underlined the importance of textile in national economy and said that 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.

Mr. 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 % share in total textile exports of Pakistan in addition to fulfilling its 80% domestic demand. He told that SME sector is restricted to the domestic needs while state of the art composite unites are exporting to the international markets and brands. He also highlighted the importance of Industry-Academia linkages and said that it was only a buzzword few years ago but Dr. Tanveer Hussain Rector NTU is making serious efforts to achieve its real objectives. He also identified lack of coordination between different research and academic institutes of Faisalabad, and said that he had floated a proposal to declare Faisalabad as “Science City” to ensure full coordination among different research institutes and universities of this city.

Engineer Ahmad Hassan Former Vice President said that the 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 that the component of cotton based textile in this globe is only 25 % while man-made fiber is being used in 75% 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.  Responding to a question about dwindling cotton yield in Pakistan, he said that DICE was working in seven different segments including textile, agriculture and automobiles etc. and hence next year this event could be clubbed with agricultural base of textile by simultaneously involving NTU and University of Agriculture Faisalabad (UAF).

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.

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