India ITME 2012, the ninth in the series and the most prestigious textile machinery show in India and neighbouring countries, is scheduled to be held during December 2-7, 2012, at the Bombay Convention & Exhibition Centre.
A press conference in this connection was held on September 26 in Barcelona. Mr. Andreas Weber, World President of the Textile Institute, UK, and Il. Lustrissim Senyor Jordi Marti-Galbi, Councillor of Presidence, Barcelona City Council, graced the evening as guests of honour. Industry delegations from across the globe also attended the “Rendezvous with India ITME 2012”.
It is well known that the primary textile machinery market worldwide which was affected by the global economic crisis witnessed severe downturn from 2008. However, the growth of the Asian textile industry provided the much-needed fillip to the Western textile machinery manufacturers for revival of their business. It is expected that, driven by the demand for non-woven textile products, specially from Chinese and Indian economies, the global market for textile machinery will reach $20.15 billion by 2015.
Being the second largest textile market in the world, India is expected to be a leading textile producing country in the world by 2020. The strength of the Indian textile industry is very apparent from the robust attendance by the Indian delegation in all international textile machinery shows like ITMA Europe, ITMA Asia + CITME, China, ATMA USA and ITM, Turkey. For most of the European textile machinery manufacturers from Switzerland, Germany, Belgium, Italy and Spain India remains the most important market with exports worth millions of dollars.
India has the potential to become a manufacturing hub in textile machinery, with abundance of skilled labour, low cost and natural resources available. Government initiatives like the Technology Upgradation Fund Scheme (TUFS), Scheme for Integrated Textile Park (SITP) and the Integrated Skill Development Scheme for the industry would surely push the growth of the industry. India’s textile & apparel industry is also expected to grow from the current $70 billion to $220 billion by 2020.
Mr. R.S. Bachkaniwala, Chairman, India ITME Society, said: “With such need and opportunity-based demand, it is only imperative that textile machinery manufactures all across the globe eye the Indian market. India ITME 2012 is now a ‘must participate, must visit’ for the textile engineering industry across the globe”.
He also announced the expanded activity of the ITME Society and said that as a responsible organization dedicated towards growth and prosperity of the industry and economy, the Society is constructing an industrial exhibition-cum-convention & research centre in Ahmedabad. With all facilities for industrial exhibitions and programs for skill development it will target creating employment for youth. On completion, the exhibition centre will become one of the largest in India with over 1,00,000 sq. mtr. exhibition area.
India ITME 2012 is an effort to usher in the much-needed revolution, growth and global attention to the market. It is expected to be a spectacular event showcasing hi-tech textile machinery, innovative technologies and services for the textile industry and is specially designed to be the “gateway event” to the huge market opportunities in India as well as in the nearby countries like Sri Lanka, Bangladesh, Pakistan Vietnam, Indonesia, etc.
The bookings for this prestigious exhibition are on and will close with 100 per cent space sold within the next few days. The focus is to provide a complete platform and making it a win-win situation for every person associated with, and interested in the ITME event in terms of acquiring new clients, new markets, new technology, cost competitiveness and sourcing opportunities, including academic and research programs. Apart from business, new products and innovative ideas for world class textile products and services will be presented through seminars during the event.
Mr. Andreas Weber, World President, the Textile Institute, UK, said that there is a strong chance of Indian multinationals opening subsidiaries in Europe and the US for textile machinery and accessories. The Textile Institute can, through collaboration, assist all textile sectors and work together for the overall improvement of the textile industry globally.
By expanding the exhibition services, the Society will now organize exhibition every two years instead of four years. India ITME 2014 will be held in November/December 2014 with focus on technical textiles, garments, knitting and chemical dyestuff, innovative textile technology, etc.