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Telangana to woo investors at Techtextil India 2017
04
Sep '17
Courtesy: Messe Frankfurt
Courtesy: Messe Frankfurt
With the aim to attract investors to the mega textile park in Telangana, the department of handlooms and textiles, Government of Telangana has signed up for the International Trade Fair for Technical Textiles and Nonwovens - Techtextil India 2017. The government aims to promote textile policies and highlight investment prospects at the trade fair.  

"Telangana aims to strengthen the textile and apparel industries in the state. With this in mind, we have recently launched an aggressive set of incentives which are easily the best support offered by any state. Technical textile is the sunrise sector within this industry with huge opportunities of growth considering its application and demand in various segments. In order to attract this sector, the state offers additional incentives in areas such as capital support, power tariff and land price rebate over and above what is being offered to conventional textiles," said minister for handlooms and textiles KT Rama Rao while announcing a close co-operation with Messe Frankfurt.

The trade fair will be held during September 13–15 at the Bombay Exhibition Centre in Mumbai,  is known to attract key buyers who are looking for solutions across multiple technical textile applications in agriculture, automotive, building, clothing and protective clothing, environmental protection, geo-technology, housing and home, medical science, packaging and sports. Top textile players including Reliance Industries, Welspun, Garware Wall Ropes, Groz Beckert, Khosla Profil, Luwa India, Lenzing AG, Archroma, and CHT India will showcase their latest solutions for these key application areas. More than 160 companies from 9 countries including Austria, Belarus, China, France, Germany, Italy, Korea, Spain and Switzerland will participate at this premium industry platform.

"The state is also developing Kakatiya Integrated Mega Textile Park in Warangal over an area of 1,200 acres with full complement of high quality trunk infrastructure. Through this partnership with Techtextil India and Messe Frankfurt India, we want to reach out to this niche sector and invite them to explore the immense growth opportunities that Telangana has to offer. We look forward to interacting with leading brands and partnering with them to create a roadmap for technical textiles in Telangana," added Rao.

The fair will also launch an exclusive pavilion of Texprocess, the leading international trade fair for processing textile and flexible materials. In this area, some of the largest machinery importers including IIGM Pvt Ltd & E. H. Turel and Mehala will have live demonstrations of their new technologies to all buyers. Held alongside the pavilion is the Texprocess seminar on day one with a series of product sessions. (RR)

Fibre2Fashion News Desk – India


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