The Southern India Mills’ Association (SIMA), Coimbatore organized Texfair 2024 – 14th of its kind. Largest expo of textile machinery, spares, accessories and other supporting services during June 21-24, 2024 at CODISSIA Trade Fair Complex, Coimbatore.
At the inaugural function of Texfair 2024 was held on 21st June 2024, SIMA Chairman Dr S K Sundararaman welcomed the Chief Guest, Shri Ganapathi P Rajkumar, Hon’ble Member of Parliament, Coimbatore Constituency, the President of the function, Dr K V Srinivasan, President, ITMF, Guest of Honour, Shri Rakesh Mehra, Chairman, CITI, Shri R Soundararajan, President, ITMAA, Shri Bhavesh Patel, President, ITAMMA and Shri M Sankar, President, TMMA to the inaugural function.
SIMA Chairman underlined the importance of SIMA Texfair 2024 and stated that it was the reunion platform for the value chain. Shri Durai Palanisamy, Deputy Chairman briefed about SIMA Texfair 2024. Presidents of ITMAA, ITAMMA and TMMA offered felicitations. Vice-Chairman Shri S Krishnakumar delivered vote of thanks.
Chairman, CITI and Guest of Honour of the inaugural function Shri Rakesh Mehra, appreciated the initiatives of SIMA including Texfair 2024. He briefed about the Vision 2030 of the Government of India and indicated Tamil Nadu would be the forerunner in achieving the target. He called the entire textile value chain to join together in fulfilling each segment’s requirements and achieve greater growth.
Former Chairman of SIMA, President of ITMF and President of the function Dr K V Srinivasan, appreciated the efforts taken by SIMA in conducting the international event. He highlighted the current scenario of world textiles and briefed the growth of Indian textiles and clothing industry. He stated that the textile business had been cyclic in nature and it was easy to relocate segments like garmenting and made-ups as they mostly involve cut and sew operations. He added that the highly capital and labour intensive segments like spinning and weaving should also find ways to relocate market areas. Dr Srinivasan highlighted the annual survey conducted by ITMF. He hoped that the prolonged recession would end in the near future and the industry would step into its growth trajectory.
In his inaugural address, the Chief Guest, Shri Ganapathi P Rajkumar underscored the importance of Tamil Nadu particularly Coimbatore District and their contribution to the textiles & clothing sector of the country. He assured that he would take up the issues of the textile industry in Parliament and be the voice of the industry particularly of the MSME units. He wished the expo a grand success.
Texfair 2024 expo provided an opportunity for various clusters of the industry to know the latest improvements in technology and availability of domestic as well as import substitution spares. The expo attracted 240 exhibitors from Tamil Nadu, Maharashtra, Gujarat, Karnataka, Madhya Pradesh, Dadar Nagar Haveli, West Bengal, Daman & Diu, etc. and countries like Switzerland, Belgium, Italy, Japan, China, etc. who showcased their products catering to the various segments of the textile industry and services in 264 stalls.
Out of 240 exhibitors, over 80 exhibitors have participated in more than five Texfair Expos. The Expo drew over 60,000 visitors and generated approximately Rs.1,000 crores in business. Business visitors from countries like China, Indonesia, Thailand, Bangladesh and Sri Lanka visited the Expo and derived the benefit, besides the visitors from all over the country.
We thank all the exhibitors for showcasing their products and services, the CEOs of mills for visiting and deputing their technical personnel and also visitors from various textile clusters across the country and making the Expos yet another success event.