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Indians to be largest overseas textile buyer group at ITMA

17 Feb '14
3 min read

Fourth ITMA ASIA + CITME combined exhibition gears up to affirm its position as leading global platform for textile and garment machinery. 
 
Global textile majors are wooing Indian textile mills to upgrade their technologies and make new investments in machinery. With India’s annual textile production expected to reach $ 220 billion by 2020 from the current level of $ 90 billion, major investments are expected to be made in India.
 
India’s textile industry contributes about 14 per cent to industrial production; 4 per cent to the country’s gross domestic product (GDP); 17 per cent to its export earnings; and is a source of direct employment for over 35 million people, which makes it the second largest provider of employment after agriculture. 
 
Indian Government has made ambitious plans for textile sector in the 12th five year plan. Central Schemes such as Scheme for Integrated Textile Parks (SITP) and Comprehensive Powerloom Cluster Development Scheme (CPCDS) along with encouraging State Investment policies are expected to boost the sector.
 
The strength of Indian buyers will be evident at the fourth edition of ITMA Asia + CITME to be held in Shanghai, China from 16 to 20 June 2014 at the Shanghai New International Expo Centre (SNIEC). 
 
Indian Textile buyers will constitute the largest overseas buyer community at the show and will find the opportunity to meet Global  players like Benninger Ag, Bracker Ag, Ctmtc, Dilo Gmbh, Dollfus & Muller, Dornier, Electro-Jet, S.A., Fong's, Groz-Beckert Ag, Grosse, Itema, Jingwei, Karl Mayer, Lakshmi Machine Works, Marzoli S.P.A., Mesdan S.P.A., Monforts, Muratec, Nippon, Novibra Gmbh, Oerlikon, Saurer, Barmag, Neumag, Picanol, Rieter, Santoni S.P.A, Savio, Shanghai Pacific, Simet S.R.L., Stoll, Taya, Tianmen, Toyota, Truetzschler, Tsudakoma, Uster, Wuxi Hongyuan, etc
 
ITMA ASIA + CITME 2014 will showcase over 1500 exhibitors from 26 countries and regions. The exhibition is spanned over 150,000 sqm in 13 halls of the Shanghai New International Expo Centre (SNIEC) and expects a trade visitorship of 110,000 from over 100 countries and regions.
 
Technology and products of display will be in the sectors of Spinning, Dyeing & Finishing, Knitting & Hosiery, Weaving, Testing, Dyestuffs & Chemicals, Software and Non Wovens, Embroidering & Braiding and Garment Making machineries. 
 
About ITMA Asia+CITME 
ITMA ASIA + CITME is owned by CEMATEX, CTMA and its two other Chinese partners - the Sub-Council of Textile Industry, CCPIT (CCPIT-Tex) and China Exhibition Centre Group Corporation (CIEC). JTMA (Japan Textile Machinery Association) is a special partner of the event. It is organised by Beijing Textile Machinery International Exhibition Co Ltd and co-organised by MP Expositions Pte Ltd. 
 
Be a part of Fibre2fashion's exclusive - 'ITMA Showcase' for a 360 degree promotion before 'ITMA ASIA + CITME 2014' begins.
 

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