Shreyaskar Chaudhary, Managing Director, Pratibha Syntex Limited, has been conferred with Outstanding Young Entrepreneur Award in Textile Sector. An award ceremony was held in New Delhi.
He received the award in the category of Garments and Made Ups by Ministry of Textiles, Government of India. He was awarded for his initiatives in the area of product innovation, process innovation, sustainability initiatives and marketing and branding innovation. Chaudhary, an enthusiast for Corporate Social Responsibility projects, is a graduate in Textile Technology from UMIST, Manchester.
In association with C and A Foundation, he established first certified C2C (Cradle to Cradle) garments, contributing towards the circular fashion. Chaudhary initiated significant innovation in business practices, where majority of our raw materials are sustainable, which includes sustainable cotton, recycled polyester, spun dyed viscose, linen.
Commenting on the processes adopted at Pratibha Syntex, Chaudhary said, “We have ensured 30% of our power usage coming through renewable energy. Installation of biomass briquette boiler and plantation of 3 lakh trees resulted in significant reduction in GHG emission.”
He further stated, “Pratibha Syntex Limited has a deep concern for the people we have launched “India of my dream” initiative to empower women residing in slums. Our Gyan Peeth initiative develops skills of local communities and provides them employment. Till now more than 5000 people are trained in yarn spinning and garment manufacturing. We have announced interest-free housing to fulfill the dream of associates and employees to have their own home, besides holding regular health check-up camps under the supervision of specialized doctors and counselors. To support the education of the children of employees and associates, a scholarship programme has been initiated.”