Home / Knowledge / News / Textiles / Coimbatore to host first ever reverse buyer-seller meet

Coimbatore to host first ever reverse buyer-seller meet

27
Mar '10
The 'Global India Textile Show', a unique event in South India will commence from March 26 and will run for two days in Coimbatore. Around 150 purchasers and buying agencies from across the world are participating in the first of its kind reverse buyer-seller meet, which will be inaugurated by Ms Panabaka Lakshmi, Union Minister of State for Textiles.

While talking to the media, Mr M.S. Mathivanan, Organising Committee Chairman, informed that it is expected that business enquiries worth over Rs. 10 billion will be generated through the meet as, buyers from countries like UK, US, Italy, France, Spain, Belgium, Moroco, Turkey, Mauritius, Egypt, Sri Lanka and Bangladesh would visit the event and get into direct contact with the sellers here.

He stated that woven fabrics summing up to Rs. 60 to 70 billion are being exported by India, with Tamilnadu contributing 50 percent of the same, and added that every year this figure goes up by 10 percent.

The fair will showcase products like grey, bleached, dyed and printed fabrics useful for garments pocketing, seating, etc. he said, and further added that household textile items alongside technical textile products will also be exhibited at the fair.

The event has been organized by the Powerloom Development and Export Promotion Council and the Union Ministry of Commerce, with assistance of the Union Textile Ministry.

It has been planned that the Council would set up warehouses in the European Union, like Belgium or Hungary alongside Sri Lanka, based on the number of enquires that successfully turn into orders. This will be done to facilitate timely execution of orders, he said.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 3rd Apr 2020

UKFT campaigns to support small companies amid COVID-19

UKFT is urging the government to provide support for individuals or...

Pic: Shutterstock

Apparel/Garments | On 3rd Apr 2020

China's silk town Shengze sends face masks to Milan

The Shengze Chamber of Commerce in the city of Suzhou in China’s...

Pic: H&M

Fashion | On 3rd Apr 2020

H&M awards €1 mn to five innovations of fashion industry

From lab-grown cotton and creating fabrics from protein DNA, to...

Interviews View All

Karan Toshniwal, Orange O Tec

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Amit Jain, Shingora Textiles Ltd

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Top executives, Textile industry

Top executives
Textile industry

In 10 years' time, everything will have the responsible factor integrated

Francesca Polato,

Francesca Polato

Berto Industria Tessile was founded in Bovolenta, a small town in the...

Yash Jain & Sanjeev Jain,

Yash Jain & Sanjeev Jain

Divyam Export, launched about 30 years ago, exports to 15 countries,...

Francesco Gozio,

Francesco Gozio

Italian company Marzoli is a leading manufacturer of the complete line of...

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Giulio Cesareo, Directa Plus SpA

Giulio Cesareo
Directa Plus SpA

Established in 2005, Direct Plus SpA, is one of the largest producers and...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant & Nandita are known for being inspired by...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


March 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search