Home / Knowledge / News / Textiles / Textiles minister inaugurates Tex Trends India 2012
Textiles minister inaugurates Tex Trends India 2012
19
Jan '12
Shri Anand Sharma the Union Minister of Commerce, Industry & Textiles inaugurated the Tex Trends India 2012. Tex Trends India 2012, aims to provide the biggest platform in Asia to the exporters and the buyers, to bring together the best in Indian Garments and Accessories, Fabrics, Home Furnishings & Made-ups, Indian Handicrafts, Handlooms, Jute and Carpets – all under one roof.

Speaking on the occasion Shri Sharma said, “Textiles Industry provides gainful employment to large number of people. The sector contributes 14% of industrial production, 4% of GDP and 10.63% of country's export earnings. It provides direct employment to over 35 million people. The event (Tex Trends) will showcase India's huge potential as an exporting country and will offer a great variety for its global buyers.”

Referring to recent initiatives for small weavers like loan weaver and special package amounting to about 6500 crore rupees, the Minister said that “while this is impressive, when time will come we will revisit and will do more.” The Minister expressed the concern that small weavers need to be empowered and if need be Government will do more within its own limit to support and train them.

On export performance the Minister said that given the difficult international climate India may just about touch its target of export of 300 billion US $ 750 billion this year and US$ of total trade barring the trade in services.

The government has allocated more than 15000 crore in Technical Upgradtion Scheme the Minister informed that the scheme will continue in next five year plan. On Scheme for Integrated Textiles Parks (SITP) the Minister informed that in the 11th Five year plan 40 Integrated Textile Parks were sanctioned, with a financial allocation of Rs. 1400 Crores. He also referred to the 24 National Textiles Corporation Mills which have been revived recently.

Smt. Rita Menon, CMD ITPO, said, “Tex Trend 2012 is the culmination of vision to showcase the best of the Textiles Industry. It is indeed emotive to see the Tex Trend shape up into a grand success. It is heartening to know that Tex Trend 2010 generated export of 185 million US $ last year. She later informed that about 1000 buyers will be visiting the fair. Tex Trends 2012 puts a window of opportunities for the industry where products from handlooms to technical textiles are under one roof. It caters to product categories in casual wear, city wear, high fashion & occasional wear, speciality garments, sportswear, knitwear & made-ups bed linen, napkins, cushion covers, floor mats, curtains, etc”.

Tex Trends India 2012 will see a huge participation from about 600 exhibitors, 10 textile Export Promotion Councils and National Jute Board and global buyers from countries including USA, UK, Turkey, Japan, Spain and South Africa. The exhibition comprises activities like fashion shows, seminars, cultural program and award ceremony.

It will also provide aperfect platform to enhance the global reach of India's wide array of textiles and clothing including Indian Garments & Accessories, Fabrics, Home Furnishings & Made-Ups & Indian Handicrafts. Smt. Kiran Dhingra, Secretary, Ministry of Textiles, Government of India was also present at the occasion.

Ministry of Textiles

Must ReadView All

Courtesy: H&M

Apparel/Garments | On 30th Mar 2017

H&M group's sales increase 7% in 3 months to Feb '17

The H&M group's sales including VAT amounted to SEK 54,369 million...

Textiles | On 30th Mar 2017

Vietnam’s textile & garment exports earn $4bn in Jan-Feb

Vietnam earned $4 billion from textile and garment exports in the...

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Robert Brunner
Devereux

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search