SRTEPC: Textile expo ‘Source India 2022’ generates decent business
29 March 2022, Mumbai:
Organized by the Synthetic and Rayon Export Promotion Council (SRTEPC), the three-day textile exhibition ‘Source India 2022’ generated a business worth $150 million despite recording only 75 visitors from 30 countries.
The event raked in orders worth around $300 million that will be sealed after completing some formalities in the coming days. Around 52 exhibitors from India participated.
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Buyers from Africa, Europe, Turkey, the US, and a few other regions visited the exhibition.
Eunice Gakungu, a buyer from Nairobi said, the exhibition was well organized and she could find the products she was looking for.
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The exhibition will help India's textile exports as the majority of buyers are not going to China, say experts.
Currently, Chinese suppliers are not in a position to supply orders on time and at old rates, they add.
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