Home / Knowledge / News / Textiles / Quest for textile technology ends at India ITME 2012
Quest for textile technology ends at India ITME 2012
13
Sep '12
India’s most prestigious Textile Machinery Show is to be held in Mumbai from 2nd to 7th December 2012 at Bombay Convention & Exhibition Centre, Goregaon (E), Mumbai, India. India ITME 2012 is a much awaited and spectacular event showcasing hi-tech machinery, innovative technology and accessories and services related to textile engineering sector and is the “gateway event” to a vast market opportunity.

Indian textile industry is exploding with opportunity and is hungry for technology, machinery and joint venture partners to enable them meet the market demand. The Indian textile industry has a unique position as it is a self reliant industry from production of the raw material to fabrics and garment and contribute majorly to employment and economy of the country. 

The opportunities and demand in the Indian domestic textile market are fueled by developing rural markets, increased purchasing power and growing export market. It is expected that the Indian textile and apparel2 Industry will grow 11%, home textile market 9% and technical textile industry 11% in the coming years. The total demand of machinery is 2.22 billion US $ (2008) and the current import meets only 75% of the total demand. Share of the imported machines are estimated to be from US $ 3%, Germany 15, UK 6%, Italy, Korea 6%, with Japan and Switzerland sharing top slot with 20%. India’s demand for machinery is increasing for spinning machines, textile finishing machinery, embroidery and Garment machinery. 
 
The textile industry is in the process of major structural changes including the technology up-gradation, consolidation of capacity, moving up in value chain and upgrading the skill and knowledge of workforce to match with the modern technology. Keeping in view the need of the hour, 9th INDIA ITME is gearing up to usher in the technological revolution needed by the industry for reinventing the business and transforming the output both qualitatively and quantitatively by textile manufacturers.
 
Smart networking and marketing is the key to tap new markets, new customers, consolidate old business and capture the market opportunity at the earliest. Exhibitions are considered the best marketing activity to capture and convince potential customers, cement existing business and speedy culmination of business deals.
 
INDIA ITME 2012 is designed to be the ideal platform and business event for the textile machinery and accessory manufacturers and the organisors are to taking pains to ensure that participating in INDIA ITME is the best business experience for both exhibitors and business visitors.
 
 

Must ReadView All

President Donald Trump; Courtesy: White House

Textiles | On 23rd Jan 2017

US textile industry eager to work with President Trump

The US textile industry is eager to work with President Donald Trump...

Textiles | On 23rd Jan 2017

LyondellBasel expands Texas plant ethylene capacity

US based producer of petrochemicals and speciality chemicals...

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons in...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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
January 2017

January 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