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30th November 2016, Mumbai

ITME India 2016 to promote local manufacturing

ITME India, the focal event for the textile and textile engineering industry in India, is getting ready to welcome 1,050 exhibitors representing 38 countries, when it opens its doors in Mumbai next month. The largest exhibition for textile machinery and technology in India will witness 24 product launches from leading industry specialist companies.

State of Gujarat and State of Karnataka, two key states in India having strong presence of the textile industry, are participating in this event as state partners. The event is also supported by Department of Heavy Industry, Government of India, Textile Ministry, Government of India and Government of Maharashtra, making it the most important platform for the government officials and the industry members to work together.

ITME India is the focal event for the textile and textile engineering industry in India, which takes place every four years. © ITME India

This is the only textile engineering exhibition having such a strong presence and participation from the state and central government representatives, organisers reports. The show will be dedicated to promoting the slogan “Make in India” to the visiting foreign business visitors and also propagating government schemes and incentives for the textile industry in India.

Strong market

India ITME Society is four decades old non-profit organisation with a vision to support the industry through exhibitions facilitating investments and joint ventures and technology transfer. Foreign and domestic business visitors, academicians, research scholars, government officials from neighbouring regions, such as Philippians, Myanmar, Bangladesh, Srilanka, Iran, Turkey, Brazil, Indonesia, Poland, Malaysia, Kenya, Ethiopia, and Egypt, are visiting India ITME and looking at India as an opportunity for business and investment.

India is not only a strong market, but is also seen as a hub for training and skill development by many neighbouring countries in the field of textile and textile engineering, organisers report.

Academic participation

Senior officials from Universities in Bangladesh, Philippians, Myanmar, Ethiopia, and other countries, are visiting India ITME 2016, to interact and meet with fellow Indian educational institutions and technology and graduate students.

The show has very strong presence from prestigious institutes in India and overseas, including The Technological Institute of Textile & Sciences, Bhiwani (TIT), DKTE Society's Textile & Engineering Institute, Ichalkaranji, Institute of Chemical Technology, Mumbai (ICT), The Textile Institute of UK, National Institute of Fashion Technology (NIFT), and others.

Indian market

With India being one of the emerging economies, the demand for textile machinery is growing. The growth of the industry is based on increasing demand of textile and apparel markets in India. The textile sector is one of the largest contribution to India’s exports, with approximately 11% of total exports. India’s overall textile exports during 2015-2016 financial year stood at US$ 40 billion, and the industry is expected to reach US$ 223 billion by 2021.

“The industry being the second largest employer after agriculture, it is utmost necessary that Indian textile machine manufacturing industry has to strengthen its base for quality output accepted at international level. India is now developing in multifolds in most of the sectors specially in the spinning machinery manufacturing segments,” organisers report.

“This once-in-four-year mega exhibition is a trend setter and gateway to new customers in urban Indian market as well as in the rural market. All the major machinery manufacturers from across the world are converging under one roof at India ITME-2016.”

www.india-itme.com

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