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Textiles Minister Rao concerned over macro-economic risks

21 Jan '14
5 min read

Mr. Uppal in his welcome address stated that, “Tex Trends India 2014, featuring over 380 exhibitors- displaying diverse range of products from the entire length and breadth of the country. 3264 global buyers and 442 buying agents have already registered for the Fair.

In the joint efforts with Ministry of Textiles, the idea of holding Tex Trends is to showcase and leverage our strengths and complements our efforts to create India’s garment & textiles from fiber to fashion. The entire value chain has been brought under the ambit by organizing Tex Trends. Fiber, Fabric, Fashion, accessories, etc will be brought under the single platform for manufacturer, traders & exporters. It will act as an exclusive rostrum for brand promotion, networking and business opportunity for national and international textile industries to show its visibility of the entire textile Industry.

This edition of Tex-Trends India - 2014 would be one of the Asia’s largest textile shows covering Apparel, Fashion Jewellery and Accessories; Home Furnishing, Yarns, Threads & Fabrics, Silk, Synthetic, Rayon and Cotton textiles & Jute garments, etc. encompassing a vast exhibition area of around 7000 square meters. The objective is to showcase Textiles trends that is emerging and shaping up in India.

This time, all the 11councils including National Jute Board, under the Ministry of Textiles, participated in the Tex Trends. The show will also have theme area made by TEXPROCIL, NJB, AEPC,NITRA/SITRA/BTRA/SASMIRA/MANTRA/Textiles Committee and EPCH to showcase uniqueness and strengths of the India’s Textiles Industry. There will also be fashion shows every day where latest designs and collections will be showcased.

Against a backdrop of worrisome global and domestic macroeconomic developments, Chairman AEPC, pressed for 5% duty credit scrip for the import of specialty fabrics not available in India on actual user basis. And, separate chapter for exports in the banking sector for availability of easy credit to industry. These two demands have tremendous potential to boost exports.

Tex Tends 2014 is an initiative by the Ministry of Textiles, Govt. of India with financial assistance under the Market Access Initiative (MAI) of Ministry of Commerce & Industry, Govt. of India. AEPC, the largest Export Promotion Council has been entrusted the task of lead agency to organize this exhibition along with other Textile Export Promotion Councils.

Ministry of Textiles

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