Intex India- The Leading International Textile Sourcing Show in South Asia
29 November 2022, Mumbai
• Intex India – The Leading International Textile Sourcing Show in South Asia
• Exhibitors from 10+ countries across South Asia, South East Asia, China, MENA Region, the EU, Central Europe, the USA, and Central America
• 125+ Leading Manufacturers from around the world and India
The 10th edition of Intex India, one of the premier International Textiles Sourcing Shows of South Asia, will be held in Pragati Maidan, New Delhi from December 8 to 10, 2022 with the sole aim of powering India’s growing textile industry.
India is one of the world leaders in textiles and the world’s fifth-largest exporter for apparel, home, and technical textile products, India holds a key position in the global value chain.
At the same time, India is also one of the faster-growing domestic textile consumption markets, expecting growth at 8% CAGR to reach $100 billion by 2026 thanks to the rising penetration of products driven by increased purchasing power. This is a good sign for India’s textile producers as the growing domestic market provides an ample boost to production prospects.
India is now the global hub of opportunities for the textiles and apparel industry with a number of strong positives going for it.
The positives include a favourable global supply chain stressing the need for ‘China Plus One’ strategy. With other regional countries having a narrow bandwidth given their limited geographic size, India can build a strong global position by leveraging its relatively large strategic depth, play to its strength in fabrics by positioning India as a regional fabric hub, increase focus on MMF to gain increased share in global MMF products and emerge as a strong manufacturing alternative in the global value chain.
Taking this forward in a concrete manner, Intex India will enable businesses to explore trade opportunities with leading Indian and overseas suppliers via joint ventures, trade deals, and cross-border investments across exhibiting categories including Fibres, Yarns, Apparel Fabrics, Denim Fabrics, Clothing Accessories, Dyes & Chemicals, Software & ERP Solutions, Design Studios, Testing Equipment & Compliance Solutions, Textile Allied Services, etc.
The Indian government has also geared up to support the industry through the launch of numerous key initiatives, such as the Production-Linked Incentive (PLI) Scheme, MITRA (for world-class infrastructure in mega textile parks), providing subsidies such as the Remission of Duties and Taxes on the Export Products (RoDTEP) Scheme to exporters, and removing anti-dumping duty on key MMF raw materials.
This focus on textiles by the Government bodes well for the industry’s future. With targeted actions from government and industry players, India can gain a leading edge on the global stage.
Intex India has been organized with the sole purpose to accelerate this growth by supporting it through a strong business platform. To further strengthen the industry, Intex India will see the presence of international suppliers from China, Korea, Thailand, Belarus, Italy, the USA, Vietnam, Uzbekistan, Sri Lanka, Bangladesh& others.
In a bid to boost export-oriented domestic manufacturing, the Indian Government has been pursuing free-trade agreements with several partners – both bilateral and regional – which include the UK, Canada, the GCC, Bangladesh, Israel, European Union, and the Southern African Customs Union.
Trade deals have already been reached with the UAE and Australia enabling India’s exports of textiles and apparel to these countries. Once FTAs with the other countries are signed, India will truly become the supplier of textiles and textile products to the world.
The future of the Indian textiles industry looks promising, supported by strong domestic and global demand. Intex India looks to supplement these positives by empowering industry players to explore new business opportunities, forge worldwide connections and stay up-to-date with contemporary developments.
Featured exhibitors at Intex India includeReshaMandi, Alok Industries, Reid & Taylor, Lukshmi Yarn Impex, Sky Textiles India, Ginza Industries, Texperts, FASHiNZA, Orsha Linen Mill (Belarus), Changzhou Wushuang Textile (China), M & F Company (South Korea), Baeksan Jacquard Co., Ltd (South Korea), Preview In Daegu (DGTIA) - South Korea, Egypt Cotton Association (Egypt), Pantone (Hong Kong) and Italtex (Italy).
This year, Intex India would also be organizing the renowned Interactive Business Forum (IBF) Seminar Series and ‘Trendz Now’ –the colour, fabric, and fashion forecast showcase alongside Intex India, thus creating a premium and complete B2B international textile trade & sourcing platform making Intex India the annual calendar event for South Asia’s Textile & Apparel industry.
Intex India is supported by the Federation of Indian Chambers of Commerce & Industry (FICCI) under the aegis of the Ministry of Commerce, Government of India, and also supported by the Ministry of MSME, Government of India as well as by apex chambers from India and across the world.
Intex India is the gateway to the dynamic markets of India and South Asia, making it one of the must-attend events in the textile sourcing industry.
