India is highest growing economy today on world's map. With abundant raw material availability & stable government, strong industrial growth is forecasted in near future. Textile is one the most ancient industries. Today, textile sector is one of the largest contributors to India's exports with approximately 11 per cent of total exports.
The Indian textiles industry, currently estimated at around US$ 108 billion, is expected to reach US$ 223 billion by 2021. The industry is the second largest employer after agriculture, providing employment to over 45 million people directly and 60 million people indirectly. The Indian textiles industry is extremely varied, with the hand-spun and handwoven textiles sectors at one end of the spectrum, while the capital intensive sophisticated mills sector at the other end of the spectrum. The decentralised power looms/ hosiery and knitting sector form the largest component of the textiles sector. The close linkage of the textile industry to agriculture (for raw materials such as cotton) and the ancient culture and traditions of the country in terms of textiles make the Indian textiles sector unique in comparison to the industries of other countries.
The Indian textile industry has the capacity to produce a wide variety of products suitable to different market segments, both within India and across the world. The future for the Indian textile industry looks promising, buoyed by both strong domestic consumption as well as export demand. The organised apparel segment is expected to grow at a Compound Annual Growth Rate (CAGR) of more than 13 per cent over a 10-year period.
In this perspective Indian Chamber of Commerce is organizing India TexFab from21st to 24th June, 2022virtually; supported by Department of Commerce, Ministry of Commerce & Industry, Government of India
Exhibits: Textiles, Handlooms, Hosiery, Clothing, Apparels - Readymade Women's, Men's, Kids clothing; Denim, Knitted Clothes & Fabrics, Woolen Garments, Shawls & Scarves, Stoles, Textile Accessories, Yarn, Leather products, Home Textiles, Textiles machinery and many more
Participation Cost: INR 7,000 + 18% GST
Complimentary Benefits: Business Matchmaking, Assured Foreign Business Visitors
Focus Countries: China, Japan, South Korea, Mongolia, Hong Kong and others
Why should participate as an Exhibitor?
Please download the Participation Form to apply
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For further details, please feel free to Subhajit Roy, M: +91 98317 16032, E: subhajit.roy@indianchamber.net
Jun 21 - 24, 2022 GMT +05:30
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