In a momentous turn of events, the India International Textile Machinery Exhibitions Society (India ITME Society) has ushered in a new era of leadership with the election of Mr. Ketan Sanghvi as its Chairman for the term spanning 2023 to 2027. The announcement comes on the heels of the Annual General Meeting held on the 16th of September, 2023, where Mr. Sanghvi was overwhelmingly chosen to steer the organization towards greater heights.
A Visionary Leader with a Global Perspective
Mr. Ketan Sanghvi brings to the table a stellar academic background, holding both an MBA and a Bachelor’s degree in Mechanical Engineering from the prestigious University of Southern California, Los Angeles. His leadership journey has been marked by a profound commitment to innovation and excellence, cementing his reputation as an industry stalwart.
Notably, Mr. Sanghvi serves as the Director of Laxmi Shuttleless Looms Pvt. Ltd., a trailblazing enterprise headquartered in Ahmedabad, renowned for its pioneering work in the manufacturing and supply of shuttleless rapier and automatic shuttle looms. In addition to this, he holds the position of Director at Shanghvi Founders & Engineers, Ahmedabad, a foundry recognized for its contributions in supplying CI castings to the textile, automotive, and other vital sectors.
Moreover, Mr. Sanghvi wears multiple hats in the business world, acting as a Partner in MABS LLP, Ahmedabad. This diverse enterprise specializes in real estate, franchises, and early-stage venture capital investments, underlining his versatile prowess in the corporate landscape.
A Champion of Industry Development
Mr. Ketan Sanghvi’s dedication to the industry goes beyond his impressive portfolio of roles. He has served as the President & Governor of the Indian Textiles Accessories & Machinery Manufacturers’ Association, demonstrating his unwavering commitment to advancing the textile machinery sector. Additionally, he has held positions as a Member of the Textile Machinery Manufacturers’ Association and the Textile Machinery Manufacturing Consortium (TMMC).
One of his most remarkable achievements lies in his involvement with the development of a high-speed shuttleless rapier loom, a testament to his visionary leadership. This groundbreaking project was undertaken in collaboration with the Ministry of Heavy Industries, Government of India, and the Central Manufacturing Technology Institute (CMTI), Bangalore, reflecting Mr. Sanghvi’s role in driving technological advancements.
A Record-Breaking Tenure as Honorary Treasurer
Mr. Ketan Sanghvi’s journey within India ITME Society began in 2017 when he shouldered the responsibility of Honorary Treasurer. His unwavering commitment and financial acumen have seen him become the longest-serving Honorary Treasurer in the history of the organization, accumulating an impressive six years as an Office Bearer.
A Grateful Farewell to Immediate Past Chairman
As Mr. Ketan Sanghvi takes the helm, India ITME Society extends its heartfelt gratitude to the outgoing Chairman, Mr. S. Hari Shankar, Joint Managing Director of Lakshmi Card Clothing Mfg. Co. Pvt. Ltd., for his dedicated service from 2017 to 2023. Mr. Shankar’s leadership has left an indelible mark on the society, and his contributions are celebrated as a significant part of its rich history.
With Mr. Ketan Sanghvi at the helm, India ITME Society sets sail on a journey of innovation, collaboration, and progress. Under his visionary leadership, the textile machinery sector can anticipate an exciting era of growth and transformation, as India ITME Society continues to be a beacon of excellence and advancement in the textile industry.