22 December 2022, Mumbai
The 10th edition of Intex India concluded successfully at Pragati Maidan, New Delhi with textile manufacturers and suppliers from over eight countries showcasing innovative, fashionable, and sustainable textiles.
Traders and buyers from over 22 countries visited the show. The three-day sourcing event took place from December 8 to 10 December.
A busy show that generated good business
Buyers’ delegations from over 22 countries including Italy, Spain, the US, Canada, and Russia among others attended the show.
Over 4,252 trade buyers from across India and the world were present. More than 150 companies from over eight countries exhibited and with business over $650 million business expected to have been generated.
As Arti Bhagat, Executive Director, Worldex India and organiser of Intex India said, “We are pleased to launch Intex in India and to see the participation of many high-caliber exhibitors and large numbers of international buyers here.
India today is a world leader in textiles, a key element of the global value chain being the world’s fifth-largest exporter of apparel, home, and technical textile products. India is targeting growth at 8 percent CAGR reaching $100 billion by 2030.
This target would help India double its share of the global textile and apparel trade from the current level of 5per cent.
Aims to accelerate growth
With a growing demand for man-made fibre (MMF) textiles as a substitute for cotton amid changes in global fashion trends, the Intex India exhibition offered international manufacturers and suppliers opportunities to explore new business and investment avenues in India under this sector and increase their supply-chain to fulfill the demand for sourcing innovative, eco-friendly and functional textiles which is much needed by the Indian apparel and fashion industry. Further, to increase its global market share, Indian manufacturers are producing a value-added range of garments and fashion accessories for global buyers to increase their sourcing from India and reduce their dependency on China.
Also, the Intex platform assists the domestic apparel industry to offer high-value and sustainable garments to fashion-conscious and high-spending Gen Z and millennial consumers. Intex India is organised with the purpose of accelerating this growth by supporting it through a strong business platform.
The show saw the presence of international suppliers.
Buyer-seller meets a high point
The 10th edition was jointly organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) under the aegis of the Department of Commerce, Ministry of Commerce along with the Worldex India Exhibition and Promotion.
A ‘Reverse Buyer Seller Meet’ (RBSM) was jointly organized offering Indian exhibitors a platform to promote. Over 500 B2B meetings were organized between international buyers and Indian exhibitors over three days. These will give a boost to India’s textile exports by $650 million in coming years; increasing our export base and creating employment opportunities by supporting the ‘Make in India’ program.
In order to boost micro and small entrepreneurs in the textile sector, the Ministry of Micro, Small, and Medium Enterprises (MSME) extended their support to qualified MSMEs at Intex India. More than 48 exhibitors joined the show to promote their textile and apparel strengths and expand their domestic and international presence.
Participants at the MSME Pavilion were overwhelmed with the sale enquiries they received from international and domestic buyers. Some leading Indian exhibitors were: Reid & Taylor, and Alok Industries amongst others.
ReshaMandi was the official online sourcing partner of Intex India 2022.
Over 85 percent of participating exhibitors were satisfied with buyers’ footfalls. Some Leading international buyers that attended the show included KOMAR Brands from the US, TWO MAD from Switzerland, Sewkit from Russia, NUNINE from France, Hela Clothing from Sri Lanka), TESCO Sourcing (Sri Lanka), and more.
B2B meetings, trends, and knowledge sessions were organised at the Interactive Business Forum (IBF) Seminar Series and ‘Trendz Now’ – the colour, fabric, and fashion forecast showcase.
Presentations were made by Italtex (Italy), Pantone (USA), and Orsha Linen Mills (Belarus) that offered the attendees valuable insights from the industry experts on 2023-24 fabric and fashion trends, colour trends, and working of Pantone Connect as well as new market opportunities in India for sustainable textiles.
Intex South Asia is now well established as the region’s premier international textiles sourcing platform, which is successfully held in key markets of South Asia like Bangladesh, Sri Lanka, and India and would become the annual calendar event for South Asia’s textile and apparel industry.
The 2023 edition will be Intex South Asia in Bangladesh, Sri Lanka, and India.
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