Global India Textile Show in Coimbatore

Over 150 buyers and buying agencies from various countries would participate in a two-day unique reverse buyer-seller meet ‘Global India Textile Show’, beginning here from March 26, a first of its kind event in South India.

With direct buyers from the UK, US, Italy, France, Spain, Belgium, Moroco, Turkey, Mauritius, Egypt, Sri Lanka and Bangladesh, the event is expected to generate business enquiries of more than Rs 1,000 crore, Mr M.S. Mathivanan, organising committee chai rman, told reporters here on Saturday.

Products like fabrics in the form of grey, bleached, dyed and printed for the purpose of garments pocketing, seating, along with home textile products and technical textile products would be displayed at the fair, to be inaugurated by the Union Minister of State for Textiles, Ms Panabaka Lakshmi, he said.

Stating that India exported woven fabrics worth Rs 6,000 crore to Rs 7,000 crore, with a 10 per cent annual growth, of which Tamil Nadu’s share was 50 per cent, Mr Mathivanan said the event is likely to generate more than Rs 1,000 crore business.

The meet is being jointly organised by the Powerloom Development and Export Promotion Council and the Union Ministry of Commerce, with the support of the Union Textile Ministry.

Depending on the success of enquiries, the council would start warehouses in the European Union, like Belgium or Hungary and also Sri Lanka, so that materials could be delivered on time, he said. — PTI