Home / Knowledge / News / Textiles / Texmac India 2009 fair recieves encouraging response
Texmac India 2009 fair recieves encouraging response
31
Oct '08
Despite current recessionary conditions in the textile industry around the world, texmac India fair has received encouraging response especially from companies in Italy, Germany, Great Britain, Spain, Turkey, USA, China, Japan and Korea. Six months before the event over 100 overseas companies have already reserved space at the forthcoming texmac India fair scheduled to be held at Pragati Maidan, New Delhi from 15 – 18 April 2009.

These include leading companies like CTMTC, Brückner, Dilo, Körting, Rauschert, Truetzschler, Biancalani, Marzoli, SMIT etc. This indicates that companies around the world are optimist about India and the texmac India fair.

Industry circles feel that Indian textile industry will pick up and show strong growth 2009-10 onwards. Chinese sources themselves admit that the industry has lost the competitive edge in the last one year with labour becoming costly and the Government laws turning stringent on small, polluting units. Many international textile giants, which have set up huge manufacturing facilities in China, are operating at 30% to 40% capacity and are on the lookout for markets in Asia.

All this, coupled with the exchange rate advantage that Indian companies enjoy because of recent weakening of the Rupee, holds bright hopes for the growth in the Indian textile industry and the resultant demand for textile machinery. Another area which holds good hope for the Indian textile industry is the Non-Wovens and Technical Textiles.

According to one study of the Texas Tech University in USA, India's growth in the technical textile industry in the next two decades will be faster than the one witnessed by the US and Europe in the last three decades and India's technical textile industry will be worth 12 – 15 billion Dollars by 2012, which will be 10% of the global value.

The optimism about India is also shared by the Indian textile industry. It can be gauged from the large turnout of Indian visitors at the recently concluded ITMA Asia fair in Shanghai. It is reported that the fair attracted about 2000 visitors from India, the largest number from outside China.

These are all positive developments & indications for the success of the forthcoming texmac India fair. The timing of the texmac India - April 2009 by when the textile industry is likely to revive, and the venue of the event - Pragati Maidan, the largest and the best fair ground in India, make this event all the more attractive to participate.

The grand success of the premier edition of the fair held in 2007, the professional approach of the organizers - Fair Design India Pvt. Ltd and IMAG, Germany, and support extended by organizations like CITI (Confederation of Indian Textile Industry), VDMA (German Engineering Federation's Textile Machinery Division), BTMA (British Textile Machinery Association), ACIMIT (Italian Textile Machinery Manufacturers' Association) and other prominent international associations make the participation in texmac India an attractive preposition.

Texmac India 2009 will also be coinciding with the ATEXCON Conference that will be taking place at the same time.

Texmac India


Must ReadView All

Textiles | On 16th Aug 2017

USITC to continue investigations on PSF imports

The US International Trade Commission (USITC) has determined that...

Textiles | On 16th Aug 2017

India’s apparel exports stumble in July 2017

Exports of readymade garments (including those made of cotton,...

Apparel/Garments | On 16th Aug 2017

EU displaces Japan as Myanmar’s largest apparel market

After the reinstatement of Generalised Scheme of Preferences (GSP)...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Johan Berlin
InvestKonsult Sweden AB

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

Eamonn Tighe
Nature Works LLC

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts 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

August 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
18.5%
Skip
14.8%

Total Votes: 27

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
37.0%
No
40.7%
Skip
22.2%

Total Votes: 27

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
81.5%
No
7.4%
Skip
11.1%

Total Votes: 27

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
55.6%
No
11.1%
Skip
33.3%

Total Votes: 27


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



X