Domestic apparel industry worth $16 billion targets to reach $40 billion in the next three-four years and is preparing itself to face the current as well as anticipated hindrance that may come its way.
Upcoming industry event 'Intex Autumn-Winter 2007-08 will provide them the platform to prepare their strategy after keenly watching global trends.
India Expo Centre in Greater Noida will host the international fabric and accessories sourcing trade exhibition from September, 28 to 30. Apparel export of India is estimated at $8.2 billion.
Premal Udani, President, Clothing Manufacturers' Association of India (CMAI), emphasized the need of a show like Intex saying that such shows serve two purposes.
First of all it shows our competence to international buyers and secondly it provides international fabric and accessories manufacturers from around the world to showcase their collections to buyers from South and West Asia and Far East.
Top textile bodies like Confederation of Indian Textiles Industry, Synthetic & Rayon Textiles Export Promotion Council, Cotton Textiles Export Promotion Council and Powerloom Development and Export Promotion Council are supporting the exhibition.
Managing Director of Finesse Worldwide Exposition, Rajesh Bhagat claimed that it was for the first time that all major trade bodies belonging to various fibres and production capacities have on one platform to help Intex.