Home / Knowledge / News / Textiles / Indian textile firms eye Nigerian market with INTEXPO
Indian textile firms eye Nigerian market with INTEXPO
01
Mar '13
In a bid to gain better access to the Nigerian market, around 20 Indian textile firms participated in the two-day Indian Textile Exhibition (INTEXPO) that recently concluded in Lagos, the commercial capital of Nigeria.
 
Jointly organized by Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) and the Indian High Commission in Nigeria, the first of its kind expo aimed at helping Indian and Nigerian textile firms to join hands to develop effective forward and backward linkages.
 
A wide range of textile items ranging from yarn and fibre to dress materials, suits and embroidered fabrics were on display at the show, which was aimed at facilitating mutually beneficial collaboration between textile industries of the two countries.
 
Mr. Mahesh Sachdev, India’s High Commissioner to Nigeria, who officially launched the event, said Nigeria is emerging as an attractive investment destination for Indians. This can be seen in the increasing number of Indian firms launching their operations in Nigeria. 
 
Several Indian firms which now operate in Nigeria have become the second biggest employer there, just next to the country’s federal government, he added.
 
He said the Nigerian Government has partially withdrawn the ban on import of textile products.
 
INTEXPO is aimed at bolstering trade ties between the two nations, especially in man-made textiles, Mr. Sachdev said.
 
According to him, man-made textiles contributed over US$ 80 million to India’s total US$ 138 million textile product exports to Nigeria during last fiscal.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sonam & Paras Modi
SVA

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Judy Frater
Somaiya Kala Vidya

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

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search