'Rajasthan's Vastra 2013 to generate business of Rs 7bn'

04 Oct '13

1 min read

The second edition of the Indian state of Rajasthan’s international textiles and apparel fair ‘Vastra 2013’ is expected to generate business worth Rs. 7 billion, which is 75 percent more compared to its last edition, announced Rajasthan’s minister of industries Rajendra Pareek.

Mr. Pareek said during the inauguration of the fair, that this year’s edition is expected to generate business worth Rs. 7 billion, as there is an increase in the number of exhibitors as well as foreign buyers.

The four-day fair, organized by Rajasthan State Industrial Development and Investment Corporation Ltd (RIICO) and the Federation of Indian Chambers of Commerce and Industry (FICCI), aims at showcasing the best and latest in textiles from technology to products.

The fair is designed to provide opportunities for business as well as a platform for launching new products, exploring avenues for new business relations, Joint Ventures, strategic alliances and partnerships with worldwide textile firms which are looking for setting up businesses in India.

In 2012, the Vastra textile fair generated business worth US$ 61.90 million. The fair attracted participation of 178 exhibitors and 361 international buyers, as well as 36 Indian buying houses.

Fibre2fashion News Desk - India

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