F&A Show continues to gain ground
The 7th Edition of the well-established Fabrics & Accessories Trade Show 2010 is all set to open its gates, June 4 - 6, 2010 at
the Palace Grounds, Bangalore.
The show continues to be an important event for the country's textile industry in spite of the tough times. There is no doubt that the event is being held at the right time,especially when the textile industry is coming out of the recession. Mr Dayanidhi
Maran, Union Textile Minister, while speaking at the Textile Industry, Roundtable organized by CII in Mumbai recently said that the textile industry is the first to come out of recession among other industries in India.
The recession was in India for just nine months and most of the
companies are posting profits. But, there is still scope for improvement, said Mr Maran. “Currently, more than 50 percent of
production is exported, but the industry needs to focus on the domestic market too.”
On the sector's growth plan ahead, he said: “India's domestic textile consumption is third largest in the world. In this environment, we have targeted a growth path at 12 percent for the
next five years, and a global trade share of 7 percent. We have
to focus on the rural market. Malls and retail space created by malls are not the solution to increase the business. The
companies in garments should focus on the big rural market too. However, they try to compete more with the international brands, which sell products at very high prices.”
“It is with these factors in mind, that we have targeted buyers
from all over India,” said Mr P. Krishnamurthy, Chief Executive
Director, S S Textile Media Pvt. Ltd., organizers of this event. “Buyers from neighboring countries like Sri Lanka, Bangladesh, Myanmar, Thailand, Nepal and the Middle East are already familiar
with the F&A Trade Show as an ideal one-stop sourcing point and are visiting the fair this year too.” The visitors from India are
the top notch personnel from buying houses, garment manufacturing
units, exporters, etc.
Featuring over 100 stalls, the event has a large number of new comers. The event will showcase the entire gamut of products like
shirting fabrics, suiting, bottom weight, dress materials, embroidered, grey, imported, knitted, outwear, printed,processed,
silk, specialty, terry, velvet, woolen and furnishing fabrics. Accessories would include buttons, hangers, interlinings, labels,
laces, motifs, stones and studs, tapes, thread - sewing and embroidery, zippers besides a host of industry related services.
One of the major highlights planned this year is the Business Networking Forum on all the three days. It will have a spectrum
of distinguished speakers who will interact with the delegates and speak on various issues pertaining to the industry.
Dr PR Roy, former Group Chief Executive (Textiles)-Arvind Mills, Director- Malwa Group, NSL Textiles, and Fibre2Fashion is the Chairman of BNF'10 Advisory Panel.