Greetings from Indian Chamber of Commerce
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 Textiles & Accessories Expo from 25th to 28th February, 2021; supported by Department of Commerce, Ministry of Commerce & Industry, Government of India with Virtual Interactive Booths.
International Buyers from: China, Japan, Mongolia, South Korea
1000+ business visitors are expected to visit the expo and attend business meetings in India Textiles & Accessories Expo from the North Asian countries, India and other foreign countries.
Exhibits: Textiles, Handlooms, Clothing, Apparels - Readymade Women's, Men's, Kids clothing; Denim, Knitted Clothes & Fabrics, Woolen Garments, Shawls & Scarves, Stoles, Textile Accessories, Yarn, Home Textiles etc.
At a time when businesses across the globe have suffered tremendously, and every stakeholder is making a passionate effort to revive the roadblocks, we would request you to take this opportunity and visit the Virtual Expo as a Buyer and interact with all the relevant Indian exhibitors to explore trade opportunities and tie-ups.
#Registration for Buyers is complimentary.
For further details, please click on India Textiles & Accessories Expo or type & click on https://bit.ly/37xL8Sd from your mobile device.
