· More than 200 International buyers from more than 15 countries attended theIndia Fashion Tex
· The wool sector has seen 29 percent hike in exports and more than 150 countries are importing woolen products from India due to high quality.
To transform India’s woolen textile industry and help India become a global hub for “Make in India” woolen textiles &apparels, Wool and Woolens Export Promotion Council (WWEPC) in association with Power loom Development & Export Promotion Council (PDEXCIL)under the aegis of the Ministry of Textiles and Ministry of Commerce & Industry, Government of India, jointly organized the 3rd edition of India Fashion Tex 2023-Reverse Buyer Seller Meet (RBSM) at Hotel Ashoka, New Delhi from 20th-22nd March.The three day exhibition will be attended by over 200 international buyers from various countries like United States, EU, Scandinavia, UK, Australia, Japan, Middle East, Vietnam, Sri Lanka and many more along with them there will be more than 100 Indian exhibitors attended the exhibition. Some of the international brands including Impulse, Li &Fung, Triburg, Puma, Adidas, Ikea, New times Group, Falabella and many other established buying houses have showcased a wide range in textiles & apparels, while, there were a special Pavilion from J&K to exhibit variety and innovation.
The inauguration ceremony was graced by Smt. Shubhra, Trade Advisor and Development Commissioner (Handicrafts & Handlooms) Ministry of Textiles, Gov of India. While speaking during the inaugural address, Smt. Shubhra said “I would like to congratulate the Wool &Woollens Export Promotion Council (WWEPC) and Powerloom Development & Export Promotion Council (PDEXCIL) for jointly organizing the RBSM-India Fashion Tex 2023. The Indian Textile industry is the second largest employment generating sector and the strength of India's textile industry is the manufacturing value chain base present in the country. The share of textile exports in India’s total merchandise exports has been around 11% and there is lot of scope to grow further. The Export Promotion Councils can play a very important role in this context. India Fashion Tex is an excellent platform where all participants catering to different textile clusters can meet the foreign textile buyers and this will encourage the exhibitors from MSME Sector and will further uplift the Indian export at the global markets”.
ShriRomesh Khajuria, Chairman, Wool and Woolens Export Promotion Council, during his inaugural address said “The Indian woolen textile industry have come a long way, from small beginnings as a cottage industry and is now able to meet the international standards through constant innovations in techniques, styles, textures and colors. Today, there has been a 29% of growth in exports of wool &woolen products during the period April 2022 to January 2023 as compared to same period previous year. Under the supreme guidance of Hon’ble Union Minister of Commerce & Industry and Textiles, Shri Piyush Goyal, the Indian textile industry showcased its strength at the international arena. I would also take this opportunity, to thank our Hon’ble Prime Minister Shri Narendra Modi ji for approving seven PMMITRA Parks, this significant step will be a big boost for the Indian textile industry”. He further said that “India Fashion Tex will be a great platform for all Indian textile MSMEs coming from different textile clusters under one roof to meet foreign textile buyers from across the world.”
Shri Vishwanath R. Agarwal, Chairman, Powerloom Development & Export Promotion Council said, “It is my great pleasure to welcome you to “India Fashion Tex” a Grand Reverse Buyer Seller Meet,the Indian textile industry continues to show a strong growth despite challenges in the domestic and international markets. India is one of the fastest growing economies, holding about 4% share of the global trade in textiles and apparel.PDEXCIL has a long history of organizing RBSMs and supporting the MSME textile and apparel entrepreneurs of India. “India Fashion Tex” is representing textile manufacturers and traders from all over India such as Delhi, Mumbai, Ichalkaranji, Solapur, Erode, Tirupur, Erode, Karur, Ahmedabad, Varanasi, etc. with each place having its own unique product. I am sure that the global textile buyers visiting the RBSM will get a good opportunity to source their requirements of various textile products under one umbrella of ‘India Fashion Tex’. While speaking about the Powerloom sector he said “The Powerloom sector is producing all kinds of woven fabric and made-ups had an export of US$ 8.3 billion approx”.
The three-day exhibition will have an extensive range of woolen merchandises including Yarn & fabrics apparels, clothing knitwear, hosiery goods, pashmina shawls / stoles, Scarves, mufflers, blankets, blazers and home textiles crafted by Indian weavers and artisans.
India Fashion Tex also organized a dazzling fashion show which displayed the latest collections of participating companies on the ramp. The products on display are being designed keeping in mind the latest trends in the international market, colour themes and ongoing fashion practices. Various Indian and International models walked the ramp in traditional Indian and western garments which showcased different varieties of various Indian woolen wear.