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Texprocil to organise India Pavilion at 'Yarn Expo'
10
Dec '15
Texprocil proposes to organise India Pavilion at Yarn Expo which will be held concurrently with Intertextile Shanghai Apparel Fabrics from March 16-18, 2016 at Shanghai, China.

“Importers of all types of yarns in China as well as other major importing countries in the region visit Yarn Expo to source their requirements,” a Texprocil press release informed.

According to statistics cited by Texprocil, China imported 562 million kgs of cotton yarn valued at $1,638 million from India in 2014-15, with India being the largest global exporter of cotton yarn to China.

Even though China is the largest manufacturer of fabrics in the world, it also imported $9,941 million worth of fabrics in 2014-15, where the share of India was only $110 million or just 1.10 per cent.

“Considering ever increasing production cost, including cost of raw material, power, labour cost, etc, China is increasingly sourcing certain varieties of fabrics from other competitive countries,” Texprocil observed.

A recent study undertaken by Texprocil indicates that there is an increasing demand in China for imported grey fabrics, yarn dyed fabrics, fashion fabrics, etc.

At the Yarn Expo held in March 2015, 235 companies from 11 countries and regions exhibited, while over 18,000 trade visitors from 21 countries and regions visited the trade show.

With the financial support from the Ministry of Commerce under MAI scheme, Texprocil is offering standard booth at a subsidised fee.

For a nine sq. metre stall at Yarn Expo, the charge is Rs 165,000 and for additional area over and above nine sq. metre it is Rs 22,000 per sq. metre.

At the March 2015 edition of Intertextile Shanghai Apparel Fabrics, 2,637 companies from 24 countries and regions participated, while 62,000 visitors from 92 countries and regions visited the show.

For a nine sq. metre standard booth at Intertextile Apparel Fabrics, the charge is Rs 170,000 and for additional area over and above nine sq. metre it is Rs 35,000 per sq. metre.

Texprocil offers various advantages like additional pre event publicity for the India Pavilion and 'Brand India' promotion at the venue during the event.

According to Texprocil, it is the right event to meet importers of yarn and fabrics from China as well as buyers visiting the fair from major importing countries. (AR)

Fibre2Fashion News Desk – India

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