Home / Knowledge / News / Textiles / Colombiatex closes with $326 mn in business expectations
Colombiatex closes with $326 mn in business expectations
Feb '17
Courtesy: Inexmoda
Courtesy: Inexmoda
The twenty-ninth edition of the Colombiatex de las Americas 2017 closed with approximately $326 million in business expectations and the commercial interest of countries such as the US, Ecuador, Mexico, Peru, Guatemala and Costa Rica stood out. The three-day event hosted over 21,924 national and international visitors, 5.5 per cent more than last year.

Close to 41 per cent of the investments were directed towards textile purchases, 23 per cent for machinery and equipment, 10 per cent for trims and fittings, 7 per cent for chemical products, 7 per cent for threads and yarns and 12 per cent registered for other categories. This estimate balance has been provided by Invamer after closing business.

“We are a well-known epicentre in Latin America as the only integrative trade show that gathers business, knowledge and trends in just one place, with a qualified supply deserving of all of the efforts that we make, in alliance with the Medellin Mayor’s Office and ProColombia to bring national and international buyers, revitalising business and stimulating the economy and, by doing so, the opportunities for country,” said Carlos Eduardo Botero Hoyos, president of Inexmoda.

The trade show had 510 exhibitors, mainly from Colombia, India, Brazil, Spain and Italy, as well as 1,928 international buyers, 9 per cent more than last year. In order to adopt suitable measures and to be able to keep up with the rapid pace of changes in the market, the Inexmoda - UPB Knowledge Pavilion, offered 21 conferences that had approximately 8,229 attendants and 15 practical workshops (645 attendants), where people got to upgrade their knowledge.

The 'New Game' is sustainable and for that reason, Inexmoda, on its 1,054 stand, in alliance with the company for sustainable solutions Torna, witnessed the profitability of bringing together innovation in water recycling, saving up to almost 95 per cent of its usage in all rudimentary procedures of the industry. (KD)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: Mat Brown from Pexels

Textiles | On 17th Jul 2018

India increases import duties on textiles & apparel

The Government of India has increased basic customs duty on several...

Courtesy: Pexels

Apparel/Garments | On 17th Jul 2018

India ups duty-free entitlement on trimmings for footwear

The ministry of commerce & industry, Government of India, has raised...

Luis Quijano

Textiles | On 17th Jul 2018

US varsity student cultivates bacterial cellulose in lab

Luis Quijano, a student at the Liberty University in Lynchburg,...

Interviews View All

Nuno Venda

‘There has been an increase in demand for water based inks, rather than...

Textile & apparel industry

GST is a complicated and lengthy process

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

July 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search