Tex Trends ’12: Generates biz worth Rs 1,557 cr

Delhi was host to Tex Trends, a unique fair that brings together the best in Indian apparel and accessories, fabrics, home furnishings and made-ups, Indian handicrafts, wool amd woolen products, jute and carpets – all under one

roof. This year Tex Trends India 2012 generated business worth $282 million (Rs 1,557 crores). The biggest ever event on Indian textiles featuring over 400 exhibitors and 2,000 global buyers displaying diverse range of products from the entire length and breadth of the country took place at the Pragati Maidan in New Delhi.

No wonder after inaugurating the show Union Textile Minister, Anand Sharma said, “Tex Trends India 2012 aims to provide the biggest platform in Asia to exporters and the buyers. The event will showcase India’s huge potential as an exporting country and will offer a great variety for its global buyers.” Speaking at the Tex Trends India July 2012, A Sakthivel, Chairman AEPC said, “The whole apparel industry is thankful to the Ministry of Textiles for giving us a new direction for increase of our exports to non-traditional markets. At the same time we are hopeful that demands will pick up in the traditional markets. Tex Trends 2012 surely offers opportunity for this.” He went on to inform that exports of garments from India to non-traditional markets increased from US$2.7 billion (Rs 14,909 crores) in 2009-10 to US$3.15 billion (Rs 17,394 crores) in the year 2011-12, an increase of over 15 per cent.

In order to encourage exhibitors to bring about their best in innovative and aesthetic skills, The Ministry of Textiles decided to hold Best Display Award function on the sidelines of the Tex Trends. Awards for Fabrics & Yarns and Made-Ups category, Garments & Fashion Accessories and Handlooms category, and those for Jute and Theme Area category were given out. Several Seminars were also organized by AEPC on the sidelines. Topics of discussion included: Lean Management in the Textile Industry, India Sourcing - A Buyer’s Perspective and Silk Mark- the Seal of Satisfaction.

At the conclusion of this three day event, Sudhir Sekhri, Chairman (Exports Promotion) AEPC said “In-spite of the sluggishness of the US and European markets, Tex Trends India July 2012 has received a tremendous response, both in terms of footfall of buyers/buying agents and orders booked. This fair was visited by 1,194 buyers and 890 buying agents. This represents a whopping growth of 95 per cent in buyers/buying agents footfall and an excellent growth of close to 30 per cent in orders booked and those under negotiation, over the 2nd Edition of Tex Trends held in January 2012. The most heartening outcome of this fair has been the huge growth of more than 40 per cent witnessed in the non-traditional markets”.
The 49th edition of IIGF organized by the AEPC was part of Tex-Trends India 2012. It showcased futuristic fashions reflected in fine apparel and accessories for women, men and children with an exhaustive range of casual-wear, formal-wear, party-wear and sports-wear. Nearly 400 reputed export houses of India participated in this grand exhibition.