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SRTEPC “Source India Virtual 5.0” starts with 400 Overseas Buyers and 100 Indian Exhibitors

Published: September 7, 2020

The Synthetic and Rayon Textiles Export Promotion Council is organizing “Source India Virtual 5.0” from 7 to 9 September 2020. “Source India” is the flagship event of the Council which has been organised every year since last five years. This time it is being organised through online platform due to social distancing and travel restrictions maintained globally aftermath of the COVID-19 pandemic. Around 400 overseas textile importers, buyers, agents, stockers, wholesalers, etc. from nearly 70 countries have registered to participate in the three-day online Exhibition. About 100 Indian leading Manmade Fibre Textile producers and Exporters are participating showcasing their latest range of excellent products in the entire Manmade Fibre Textile value chain from fibre, yarn, fabrics to made-ups, home textiles, technical textiles, etc.

Smt. Smriti Zubin Irani, Hon’ble Minister of Textiles, Women and Child Development inaugurated the Virtual Show. In her Message on the Event the Minister informed that the “Source India Virtual 5.0″ from 7 to 9 September 2020 is the first ever online platform which has been supported by over 100 member companies of team SRTEPC. Smt. Smriti Zubin Irani, Hon’ble Minister of Textiles, Women and Child Development welcomed and congratulated the buyers who are over 350 from over 65 countries for participating in the 5th edition of SOURCE India hosted by SRTEPC. She also congratulated and thanked SRTEPC family for this endeavour.

For the opening of the Virtual show, Shri Ravi Kapoor, Secretary (Textiles) has also sent his best wishes through a message. In his message the Secretary mentioned that Reverse Buyers sellers Meet – Source INDIA 2020 5.0 Virtual during 7th – 9th September is the pioneering show in the Manmade fibre textiles segment.  The event which was first held in 2010 has since 2016 been an annual event and each year has crossed many a milestones. This unique event has been highly successful as it gives both the Exhibitors and buyers an opportunity to interact and discuss business under a single platform. He also mentioned that like in the past events, this year too exhibitors will be successful in clinching business deals in the comfort of their workplace.

Shri Ronak Rughani, Chairman, SRTEPC, Shri Anil Rajvanshi, Convener, Export Promotion, Shri Dhiraj R. Shah Vice-Chairman, SRTEPC, Shri Sri Narain Aggarwal Immediate Past Chairman, SRTEPC and the Committee of Administration of the Council welcome the distinguished overseas buyers to the maiden online Show of the Council and expect that they will be able to find their desired products and clinch successful business. Shri Ronak Rughani, Chairman, SRTEPC, Shri Anil Rajvanshi, Convener, Export Promotion, and the Committee of Administration of the Council also congratulate all the participating Member-companies and wish them best all the Best. Shri Ronak Rughani, Chairman, SRTEPC, thanks Smt. Smriti Zubin Irani, Hon’ble Minister of Textiles, Women and   Child Development for her continued encouragement and support.

In his inaugural message, Shri Ronak Rughani, Chairman, SRTEPC mentioned that the COVID-19 pandemic did throw some challenges, however it was decided to continue and the business should be as usual. Stressing on the Online Show, the SRTEPC Chairman, Shri Ronak Rughani mentioned that the Virtual platform is the new normal for meeting between the suppliers/exporters and buyers/importers. Due to global reach of the internet the virtual event has no geographic limitations and time-zone constraints. The concerned parties – suppliers/exporters and buyers/importers, etc. can contact each other, chat, discuss, etc. from their place of comfort and time. And this brought us closer without the requirement of travel overseas.

The special features of the “Source India Virtual 5.0” are dedicated B2B platform, matchmaking, private interaction through chatting, video call, phone call, flexible timings, etc. The overseas visitors have started visiting the online show in good numbers and began their discussions with their Indian counterparts/participating companies.  It is hoped that the online event will substantially help the Indian exporters participating in the show for establishing contacts and negotiating business, etc. with the potential and leading overseas buyers/ importers/ agents from the major Manmade fibre textile consuming and converting countries globally.  

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