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Business worth US$ 185.78 MN negotiated during Tex-Trends

26
Feb '11
Tex-Trends 2011, the Asia's largest Textile Sourcing Fair - a major initiative jointly hosted by eleven Export Promotion Bodies under the umbrella of the Ministry of Textiles with the support of Ministry of Commerce and Industry concluded with much fanfare after hosting 1580 buyers and 872 buying agents from over 120 countries. 734 exhibitors showcased their collections covering all the sections of the value chain.

Mr. Vimal Kirti Singh, Secretary General, AEPC said, “We are very pleased with the response received at Tex-Trends, 2-4 February 2011. During the three days of the fair, business worth US$ 185.78 million (` 836 crores) was negotiated during the fair. The fair has mostly succeeded in bringing together Indian exporters and global buyers by giving them numerous options in textiles and apparel under one roof. This fair was all-the-more important for all the exhibitors and buyers as it was held just when the global economies have started picking pace again.”

In order to make this initiative a success, Ministry of Commerce and Industry spent 12 crores in overseas publicity, space rent and inviting overseas buyers for this fair by providing complimentary airfare and hotel accommodation. To encourage participation from all corners of India, complementary return airfare according to the exhibit area were provided to the participants.

Taking cognizance of this fact, Mr. Premal Udani, Chairman, Apparel Export Promotion Council, said “We are thankful to the Textiles Ministry and Ministry of Commerce & Industry for conceiving of a one stop sourcing solution for international buyers for Indian Textiles & Apparel. We are also thankful to the various Export Promotion Councils in Textiles & Apparel in working synergistically in making Tex-Tends 2011 such a success, for not only the exhibitors but also the buyers and the buying agents.”

The visitors were from various parts of the world i.e. US, Brazil, Chile, Mexico, Venezuela, Argentina, Panama, Russion Federation, Kazakhstan, Britain, Uzbekistan, Belarus, Kyrgystan, Ukraine, Azerbaijan, South Africa, Indonesia, Singapore, Malaysia, Myanmar, Thailand, Australia , New Zeal and majority of which represented US, UK, Turkey, Germany and Canada.

As for domestic participation, Tex-Trends 2011 brought together the best in Indian Garments & Accessories, Fabrics, Home Furnishings & Made-Ups, Indian Handicrafts, Jute and Carpets – all under one roof.

Tex-Trends 2011 was an initiative by Ministry of Textiles to take the Indian Textile Exports to new heights. This event was the result of the hard work of the Lead Council Apparel Export Promotion Council (AEPC) along with Carpet Export Promotion Council, Cotton Textile Promotion Council, Export Promotion Council for Handicrafts, Handlooms Export Promotion Council, Indian Silk Promotion Council, National Jute Board, Powerloom development and export promotion council, The Synthetic and Rayon Textiles Export Promotion Council, Wool and Woolens Export Promotion Council and Wool Industry Export Promotion Council.

Apparel Export Promotion Council


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