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33 Indian companies to take part in textile expo in Cairo
26
Sep '15
The Egyptian capital Cairo is set to host 33 Indian textile companies in a four-day exhibition early next month that will showcase the exhibitors' latest range of yarn and fabrics. Egypt is one of the biggest markets for Indian textiles, and is currently valued at $360 million.

The third edition of Indian Textiles Exhibition in Egypt (Intexpo Egypt), being organised by the Synthetic & Rayon Textiles Export Promotion Council of India in association with the Embassy of India and with the active support of Cairo Chamber of Commerce, will be held in Cairo from October 1 to October 4.

The 33 Indian companies will showcase their latest range of yarn and fabrics, which will include suitings, shirtings, dress materials, and embroidered fabrics/high fashion fabrics, furnishing, home textiles, scarves, stoles, shawls and yarns of man-made fibre and their blends, according to a statement by the Indian Embassy.

The Intexpo is aimed at forging mutually beneficial partnership between Indian and Egyptian companies for effective forward and backward business linkages in the near future.

The objective is to strengthen trade between the two countries through the exhibition, particularly in the fast growing area of modern textiles, the statement added.

The Indian textiles and clothing industry has an output of $110 billion, of which around $40 billion is exported.

India is world's second largest producer of synthetic fibre and yarn, cotton, cellulosic fibre and silk and Man Made Fibre (MMF) which textiles are currently exported to more than 140 countries. (SH)

 

Fibre2Fashion News Desk – India


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