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Colombiatex closes with $326 mn in business expectations

10 Feb '17
2 min read
Courtesy: Inexmoda
Courtesy: Inexmoda

The twenty-ninth edition of the Colombiatex de las Americas 2017 closed with approximately $326 million in business expectations and the commercial interest of countries such as the US, Ecuador, Mexico, Peru, Guatemala and Costa Rica stood out. The three-day event hosted over 21,924 national and international visitors, 5.5 per cent more than last year.

Close to 41 per cent of the investments were directed towards textile purchases, 23 per cent for machinery and equipment, 10 per cent for trims and fittings, 7 per cent for chemical products, 7 per cent for threads and yarns and 12 per cent registered for other categories. This estimate balance has been provided by Invamer after closing business.

“We are a well-known epicentre in Latin America as the only integrative trade show that gathers business, knowledge and trends in just one place, with a qualified supply deserving of all of the efforts that we make, in alliance with the Medellin Mayor’s Office and ProColombia to bring national and international buyers, revitalising business and stimulating the economy and, by doing so, the opportunities for country,” said Carlos Eduardo Botero Hoyos, president of Inexmoda.

The trade show had 510 exhibitors, mainly from Colombia, India, Brazil, Spain and Italy, as well as 1,928 international buyers, 9 per cent more than last year. In order to adopt suitable measures and to be able to keep up with the rapid pace of changes in the market, the Inexmoda - UPB Knowledge Pavilion, offered 21 conferences that had approximately 8,229 attendants and 15 practical workshops (645 attendants), where people got to upgrade their knowledge.

The 'New Game' is sustainable and for that reason, Inexmoda, on its 1,054 stand, in alliance with the company for sustainable solutions Torna, witnessed the profitability of bringing together innovation in water recycling, saving up to almost 95 per cent of its usage in all rudimentary procedures of the industry. (KD)

Fibre2Fashion News Desk – India

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