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India Fashion Tex To Strengthen Make-in-India Woollen Products To Export Globally
The three-day exhibition is attended by over 200 international buyers from various countries like the US, European Union, Scandinavia, UK, Australia, Japan, Middle East, Vietnam, Sri Lanka and others along with them there will be more than 100 Indian exhibitors attending the exhibition
Photo Credit : IFT
To transform India’s woollen textile industry and help India become a global hub for “Make in India” woollen textiles and apparel, the Wool and Woolens Export Promotion Council (WWEPC) in association with Power loom Development & Export Promotion Council (PDEXCIL) under the aegis of the Ministry of Textiles and Ministry of Commerce and Industry, jointly organised the third edition of India Fashion Tex 2023 — Reverse Buyer Seller Meet (RBSM) in New Delhi.
The three-day exhibition will be attended by over 200 international buyers from various countries like the US, European Union, Scandinavia, UK, Australia, Japan, Middle East, Vietnam, Sri Lanka and others along with them there will be more than 100 Indian exhibitors attending the exhibition.
Some of the international brands including Impulse, Li & Fung, Triburg, Puma, Adidas, Ikea, New times Group, Falabella and other established buying houses have showcased a wide range of textiles and apparel, while, there were a special Pavilion from Jammu and Kashmir to exhibit variety and innovation.
The exhibition was inaugurated by Shubhra, Trade Advisor and Development Commissioner (Handicrafts and Handlooms) Ministry of Textiles. While speaking during the inaugural address, Shubhra congratulated organisers and said, “The Indian Textile industry is the second largest employment generating sector and the strength of India's textile industry is the manufacturing value chain base present in the country. The share of textile exports in India’s total merchandise exports has been around 11 per cent and there is a lot of scope to grow further.
“The Export Promotion Councils can play a very important role in this context. India Fashion Tex is an excellent platform where all participants catering to different textile clusters can meet the foreign textile buyers and this will encourage the exhibitors from MSME Sector and will further uplift the Indian export at the global markets,” she added.
Romesh Khajuria, Chairman, of the Wool and Woollens Export Promotion Council said that there has been a 29 per cent of growth in exports of wool and woollen products during the period April 2022 to January 2023 as compared to the same period the previous year.”
Khajuria thanked prime minister Narendra Modi to approve seven PMMITRA Parks and said, “This significant step will be a big boost for the Indian textile industry.”
He further said that India Fashion Tex will be a great platform for all Indian textile MSMEs coming from different textile clusters under one roof to meet foreign textile buyers from across the world.”
Vishwanath R Agarwal, Chairman of Powerloom Development and Export Promotion Council said that the Indian textile industry continues to show strong growth despite challenges in the domestic and international markets.
India is one of the fastest-growing economies, holding about a 4 per cent share of the global trade in textiles and apparel and the Powerloom sector is producing all kinds of woven fabric and made-ups and had an export of USD 8.3 billion approx, he added.
The three-day exhibition will have an extensive range of woollen merchandise including Yarn & fabrics apparel, clothing knitwear, hosiery goods, pashmina shawls or stoles, Scarves, mufflers, blankets, blazers and home textiles crafted by Indian weavers and artisans.
India Fashion Tex also organised a dazzling fashion show which displayed the latest collections of participating companies on the ramp.