[An MBA in International Trade from Acharya Nagarjuna University, Andhra Pradesh, Balaraju has a vast experience of 35 years in textiles and MSME sectors. (Photo:ummid.com)]
Mumbai: S Balaraju, who retired as Additional Textile Commissioner in August this year, has taken charge as the executive Director of the Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) with effect from October 16, 2017.
The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), set up in 1954, is one of the oldest Export Promotion Councils in India.
The Council has played a transforming role over the years, inculcating export culture and promoting exports of Indian man-made fibre and textiles. Exports of these items, which were negligible in the 1960s, have grown substantially to touch US$6.16 billion during 2013-14. India exports to nearly 140 countries at present.
An MBA in International Trade from Acharya Nagarjuna University, Andhra Pradesh, Balaraju has a vast experience of 35 years in textiles and MSME sectors.
Balaraju was associated with the Office of the Textile Commissioner for the past 20 years and retired as Additional Textile Commissioner on August 31, 2017 after a long and remarkable career working on various posts.
During his tenure at Office of the Textile Commissioner, Balaraju was actively involved in redefining the role of the Office of the Textile Commissioner from regulatory to a developmental role.
He was instrumental in formulating many schemes for the development of the power loom sector. He was also involved in conceptualizing of the Technology Upgradation Fund Scheme (TUFS) in 1999 and Amended Technology Fund Scheme (ATUFS) in 2015-16.
He was also the first in the Ministry of Textiles to support when Malegaon Industries & Manufacturers Association (MIMA) proposed in a meeting of stakeholders in New Delhi the concept of In-situ Upgradation of plain power looms in 2010.
Balaraju was the key driving force behind the establishment of Mini Textile Park on about 16 acres of MIDC land in Malegaon.
Balaraju also worked with the Ministry of Micro, Small & medium Enterprises (MSME) and the Ministry of Labour & Employment, Govt. of India for a period of nearly 12 years. During this tenure he was part of the team which worked for labour reform, especially to bring the needed changes in wages and provide basic amenities in power loom units. He also played important role in devising Insurance Scheme for the weavers working in the textile sector.