Industry And Cluster | News & Insights

Knitwear Expo In Tiruppur Discuss On Innovation, Economy

Published: May 30, 2019
Author: TEXTILE VALUE CHAIN

The 46 th edition of India International Knit Fair featuring all seasons organized by Apparel
Export Promotion Council (Sponsored by Ministry of Textiles, Govt of India)under the umbrella
of India Knit Fair Association at IKFA Complex, Tirupur from 15 th to 17 th May, 2019 was held
successfully.

The fair was inaugurated by Kumar Jayant, IAS Principal Secretary to Government of
Tamilnadu – Handlooms, Handicrafts, Textiles and Khadi Department in the presence of
A.Sakthivel, Chairman, India Knit Fair Association and Vice-Chairman of AEPC,
Raja Shanmugham, President ( TEA), Shri Ahill Rathinasamy, President ( KNITCMA),
B. Shanmuga Sundaram, Vice Chairman, IKFA, Buyers, Buying Agents, Exhibitors, Trade
Members, and Government Officials.

Kumar Jayant, IAS, Principal Secretary to Govt of Tamilnadu expressed that India
occupies an important position in manufacturing of Ready made Garments, particularly
Knitwear Garments thereby boosting India’s economic growth as well as generating
employment opportunities. Such fairs exclusively for knitwear garments showcase to the world
about our innovative products and will certainly bring in a lot of business.

A Sakthivel, Chairman of India Knit Fair Association informed that 46th edition of India Knit
Fair was organized in the backdrop of the current economic tensions between the US and
China. The US has imposed more taxes on its imports from China. This is expected to make
India a preferred market for sourcing by the US buyers. While predicting that the situation will be an advantage for the India knitwear sector, he opined that even if orders worth of Rs 10,000 crore are placed, it will benefit our country. He had deliberated that a MOU was given recently to the Minister of Commerce and Industry, GOI, pointing various steps to be taken for the upliftment of the Apparel Industry.

AEPC in Association with IKFA had organized a Round Table Meet with various Associations
discussed on Tamilnadu New Integrated Textile Policy of 2019. Tirupur Textile Industry
Members delivered their presentation for the development of our Industry on 15 th May, 2019 at
India Knit Fair Complex, Tirupur during the 46th IIKF Fair.

In this 46 th fair there were lot of Knit Apparel collections noticed with Men's, Women's and Kids apparels. Apart from 100% cotton knits, Polyester Poly cotton Blends, Wool, Acrylic, Nylon and Spandex combinations were also show cased. Banana fibre cotton Blended garments were also one of an innovative fibre fabrics showcased in this fair. Garments finished with Bio-wash, Silicon Wash, Enzyme Wash, Stone Wash, Acid Wash, Laser engraved Denim, Velour, Anti-Microbial finished garments were in display to attract the buyers.

Marketing through design development is one of the key concepts for Buyers. This concept has been
well received by the Exporters now-a-days to attracting the Buyers and Buying Agents. Buyers who
visited this fair of the opinion that more of Technical Garments and New Fashionable Garments
attracted them very much. A total number of 40 leading Exporters from Tirupur, Coimbatore, Chennai, Mumbai, New Delhi, Ludhiana and Gurugram have participated and displayed their products. They have expressed their satisfaction and have shown interest in participating future events at Tirupur.

Now-a-days, major Buyers are sourcing through Buying Houses and Buying Agents – who will
play a vital role in sourcing. Buyers / Buying Agents have expressed their happiness and
satisfied with the excellent design and collections displayed in the Fair. In total, 24 Buyers
from different countries and 127 Buying Houses / Agents have visited the Fair. Most of the
Buying Houses/ Agents who have visited this Fair representing their major Buyers and Brands
have sourced for their requirements. The three day event attracted new Buyers from countries namely Saudi Arabia, USA, China, Poland, Jamaica, Sri lanka, UK, , etc. visited the Fair. The Participants have reported that they could get good business enquires more from the Buying Agents and Overseas Buyers and the expected business deal is around Rs. 300 Crores.
IKFA gratefully acknowledges the active participation of Exhibitors, visiting Buyers, Buying
Agents and all stakeholders for the great success of this three day event.

 

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