New Delhi, 03rd July 2024: Anticipating a boost in the manufacturing sector, signing of the FTAs, the recent growth in the textile exports, bundled with the Indian government’s focus on making India a ‘global manufacturing hub’ has set up encouraging prospects for the stakeholders of the Indian textile value chain. This optimistic industry outlook is also evident in the spirit of the textile technology and apparel manufacturing players participating in the upcoming Gartex Texprocess India which is scheduled from 1 – 3 August 2024 at Yashobhoomi (IICC), Dwarka, New Delhi.
Regardless of the global economic and political landscape, the recent surge reported in textile exports and apparel at 9.59% and 9.70% respectively, in May 2024 as cited by the Confederation of Indian Textile Industry (CITI), marks a positive sign uplifting the spirits of the Indian textile players. As per IBEF, the market for Indian textiles and apparel is projected to grow at a 10% CAGR to reach USD 350 billion by 2030 with the exports expected to reach USD 100 billion. The Indian textile sector is further expected to be strengthened by the innovations from the manufacturers of fabrics, garments and apparel, textile machinery companies, allied industries and future plans and policies from the India government.
As India’s leading expo covering garment and textile manufacturing, denim, accessories, textile printing technologies and more, Gartex Texprocess India is slated to showcase 600+ brands, spread over an area of 15,000 sqm at Yashobhoomi (IICC), Dwarka, New Delhi. Besides India, the upcoming edition will demonstrate the global excellence in textile solutions from countries like China, Italy, Japan, Singapore, Taiwan and the USA.
The show floor is sold out with leading Indian brands like AT Inks, Aura Technologies, BABA Textile Machinery, Benz Embroidery, Britomatics India, Chetna Fashions, DCC Print Vision, Jaysynth Dyestuff India and True Colors amongst others. The international brands like Baoyou, Brother, Datatex, Dupont, Jack, Kansai, SinSim, Siruba, Yumei and more will also add a global touch to the show.
New Product Launches:
The three-show days are lined up with more than a dozen of new product launches and the exhibitors showcasing their latest offerings. Some of the unmissable product launches will be from brands like: Amtex Dye Chem Industries, Behariji Enterprises, Codeverse Technologies, Creative Industries, LNJ Denims, Panchsheel Enterprises, Pro-Pioneer Eco Technologies, Rainbow Denim, Ranjan Fabrics, R&B DENIMS, SBT Textiles, Sitaram Spinners, Stas Biochem, Studio Next Technology, True Colors, The Tenth House, Venus Denims, Vertex Edge Tech, Vinod Denim and more.
Show Highlights:
– The first edition to be organised at the state-of-the-art expo centre – Yashobhoomi, IICC, Dwarka, New Delhi
– 200+ exhibitors presenting 600+ brands from 7 countries
– Featuring curated-zones for product categories like ‘Knitting, Sewing Machinery, Digital Printing, Embroidery, Fabrics & Trims.’
– Expansion of the Trims segment with new exhibiting companies
– International brands directly participating in the show
– Curated knowledge-sessions with a panel consisting of Government officials from the concerned Ministries, industry experts and innovators from the textile associations and businesses
Exhibitors Perspective on Government Schemes:
As India shines in its glory of being the world’s 3rd largest producer of textiles raw materials like cotton, jute, silk and wool, it also embodies the strength of manpower, infrastructure, low production costs and innovations needed to push the contours of the Indian textile landscape. In an attempt to gather the view of the participating companies on the government schemes and initiatives – many of them shared that schemes and initiatives like PLI, ATUFs, RoDTEP & RoSCTL, NTTP, NHDP, PM MITRA Parks, Handloom Weavers’ Comprehensive Welfare Scheme, Integrated Skill Development Scheme (ISDS), schemes for MSMEs and amongst others, have served to be beneficial for not only growing their businesses but also expand the technical skillsets resulting in a healthy business atmosphere.
