Home / Knowledge / News / Textiles / $58mn worth deals closed at textile fair Vastra 2012
$58mn worth deals closed at textile fair Vastra 2012
28
Nov '12
As per the estimates, deals worth US$ 58 million were finalized at the international textile and apparel fair Vastra-2012, which concluded last week at Jaipur in Rajasthan.
 
The event, which now would be held on a yearly basis, drew participation of more than 360 buyers from 61 countries.
 
Sunil Arora, Principal Secretary Industries and Chairman, Rajasthan State Industrial Development and Investment Corporation (RIICO), said the event has provided a very good platform to textile players of the state and it is now up to them to think how they can carry forward these gains.
 
He said if proper steps are initiated the textile industry of the state has the potential to achieve a turnover of US$ 750-1000 million over the next five years. This can be easily achieved with active support of entire textile business fraternity of Rajasthan, he added.
 
RIICO Managing Director Naveen Mahajan said the event received great response from the textile community and it is estimated that deals worth US$ 58 million were closed during the event. 
 
He added that the final figure may go up as several exhibitors and buyers are yet to submit their final report on the last day of the event. 
 
The expo hosted a record 3,128 B2B sessions, providing a platform for serious business talks, which are soon expected to turn into significant business deals, he mentioned.
 
The next edition of the fair – Vastra-2013 probably would be held in second half of 2013.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Eamonn Tighe
Nature Works LLC

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Marcel Alberts
Eurofibers

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Sonam & Paras Modi
SVA

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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