Home / Knowledge / News / Textiles / Textile Days India registers positive business results for industry
Textile Days India registers positive business results for industry
26
Dec '08
As stock markets plummeted and plunged across the US, Asia and Europe, and the Indian stock market experienced its "worst week in its history," the heartbeat of the Indian textile industry throbbed resiliently at the Textile Days India, a combination of Heimtextil India and Texworld India 2008 from 10 - 12 October, 2008. Around 5,137 visitors from 82 countries ensured that the 155 exhibitors from 9 countries did worthwhile business.

As the fair opened for business, Managing Director, Shammi Nagpal welcomed exhibitors and visitors saying "The news is not good, in fact, it's terrible, but the textile industry can take heart. It has one place for solid business today - Textile Days India. In the worst economic times, trade fairs are the most important means of sustaining your business. Use these days to ensure that your industry stays strong despite it all". And that's exactly what they did.

Business kicked off right from the start as if to show the world that the Indian textile industry is alive and coping well with the current state of plunging markets. While industrial growth in India dropped by 18%, the textile industry reported that sales in both the home and apparel fabrics business had dropped anywhere between 20 - 50%. Hence, professional trade fairs like Heimtextil India and Texworld India were absolutely necessary to inject the industry with new business.

For India's leading furnishing manufacturer Dicitex, and a long time exhibitor at Heimtextil India, this event appears to have been the best ever. "We were inundated with the quality of buyers from all across the globe. We had on-the-spot orders from countries like Russia, South Africa, Italy, France, Germany, Lebanon, USA, and many others . We also did business with exhibitors at the fair and found the fair extremely well organized. The presence of high quality buyers in Mumbai during the most disturbing week for global stock markets was very surprising and spoke well for the reputation of Messe Frankfurt events. This has been our best show ever! We congratulate Messe Frankfurt India for sustaining the market." said an excited Rajnish Arora,

Smaller manufacturers were not short of praise. Exhibitor Ms. Nirmal Mirza of Auura International showed her superlative made-ups collection with great pizzazza. "I am most satisfied with my participation at Heimtextil India" she said, "We had firm orders from at least eight countries which we are sure will materialize into good business. At such a nervous time of economic gloom, this is great. I return home with positive feelings for this extremely well organized fair. The quality of buyers at such a time was of special significance, since it showed that no matter what, Indian textiles are very much in demand. Those that have quality products will always get buyers".

Buyer Mr. Fares Mousselli from Mousselli Textile, Syria, could not agree more "I was very happy with Textile Days India. We came with the intention to explore the renowned Indian textile market and were very impressed with the way the show was organised. It had all the facilities of any show abroad. I have made some great contacts and would definitely like to come back".

Must ReadView All

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Giorgio Mantovani
Corman S.p.A

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

Eamonn Tighe
Nature Works LLC

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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