Organisers affirm growing interest in Gartex Texprocess India

Demand in the textile sector expected to grow

0
22
Gartex Texprocess at Mumbai
Gartex Texprocess at Mumbai

The trade show on garment textile machinery Gartex Texprocess India, held annually in New Delhi, is set to mark its launch in Mumbai in March 2020 owing to the demand generated by garment and textile manufacturing industry in Indian and overseas markets.

According to India Brand Equity Foundation’s latest report, exports in the textiles and apparel industry are expected to reach USD 300 billion by 2024-25, resulting in a tripling of Indian market share from 5% to 15%. Also with the government’s efforts in developing a competitive textile sector in India through its latest textile policy 2020, the demand is expected to rise even further. Keeping in mind the new developments, the organizers of Gartex Texprocess India – Messe Frankfurt Trade Fairs India & MEX Exhibitions Pvt Ltd – added the new location ‘Mumbai’ this year with the primary objective of reaching out to major textile hubs of West and South India. This edition will complement the existing New Delhi edition while also increasing the expanse of the show by reaching out to smaller-sized companies and start-ups in the region.

Raj Manek, executive director and board member of Messe Frankfurt said, “Even as the domestic consumption is surging, India’s textile and apparel exports are expected to lead to a tripling of the country’s market share globally. Witnessing the tremendous opportunities at the first unified Gartex Texprocess India, the industry strongly hinted at the show’s potential as an instrumental venue for collaborations. As organizers, it is our combined endeavor to strengthen our exhibitors’ reach in their target markets or potential areas of their business interest, and therefore we decided to bring the platform to Mumbai so as to provide stakeholders greater accessibility to their buyers in the western and southern regions.”

Exhibitors, who have signed up for the event, are ready to present the latest innovations, machines, plants, processes, and services to various stakeholders in the industry, including manufacturers and suppliers. The Mumbai edition of the show is scheduled to be held from 19 March 2020 to 21 March 2020 at Bombay Exhibition and Convention Centre. The highlights of the show include ‘Garmenting & Apparel Machinery’ that will provide insights on technological developments in the garment and apparel manufacturing sector. Besides this, innovative products and technologies, defining the latest trends in the industry, will be showcased to the visitors at the four concurrent shows – Denim Show, India Laundry Show, Fabrics & Trims Show, and Digitex Show during the three-day event.

Gaurav Juneja the director of MEX Exhibitions said, “Gartex Texprocess India is a great platform that is instrumental in unifying various stakeholders within the garment and textile manufacturing supply chain. Now the show is held for the first time in Mumbai and we are immensely hopeful that this edition will diversify the reach and expanse of this highly popular trade event. Our association with Messe Frankfurt Trade Fairs India has been fruitful in taking the show towards the desired direction. It is our combined endeavor to provide a lot more opportunities for the garment and textile manufacturing industry, and we will strive to work towards that.”

The event is also aimed at providing business opportunities to the international and national suppliers as well as trade visitors through networking sessions with industry experts and engaging in investment opportunities during the show.