The 9th edition of INDIA ITME, the largest textile machinery and accessories exhibition is to be held from December 2-7, 2012 at Bombay Exhibition Centre, Mumbai, India. Spread over 45,000 sq. mtrs, with expected participation of about 750 exhibitors and 1,00,000 business visitors from over 35 countries, ITME 2012 is the focal event of the textile engineering industry in India and internationally.
At the backdrop of increasing optimism about economic recovery and the promise of 16% growth in Indian Textile Industry, INDIA ITME 2012 is expected to be the focal event for the textile and textile engineering sector. Indian domestic market is bubbling with enthusiasm with exports of 50 billion dollars per annum to markets like U.S., U.K., Germany, France, Italy, UAE, Russia, Canada, Bangladesh and Japan. The Indian Textile manufacturers are looking to increase production capacity, improve production quality and reduce cost through technology up-gradation and modern machinery. There is a tremendous need for new and modern machinery and accessories in India. With a huge domestic demand, the Indian textile industry is the world¡¯s 2nd largest, next to China with an employment of 35 million people and accounts for 14% of the total industrial output of the country.
India has great advantage in spinning sector ranking second globally in spindleage and first in terms of loom capacity and the second largest producer of cotton and silk and has a presence in all process of operation and value chain and contributes to 25% of global trade in cotton yarn. Indian fabric is in demand with its ethnic design and texture and accounts for 30% of the total export conveying a tremendous potential with an urgent need to expand production capabilities.
The biggest business potential in Textiles of India is the growing economy, increasing purchasing power of middleclass, manufacturing flexibility and the large domestic market. Other opportunities come from new rural market, opportunities in non-woven industry. Industrial report estimates the growth of non-woven sector in India around 11 to 13% and opportunities exist in natural fiber nonwoven and cycled nonwoven, a high potential in technical textile in infrastructure and geo-textile market and automotive sector.
In terms of investment, the Indian textile industry requires investments of a whopping Rs. half billion USD over next 10 years keeping for production of various fibres.
This all indicates a tremendous opportunity for textile machinery and accessory in India, unmatched elsewhere in the world.
It is the right time for exploring the Indian market opportunity for the textile machinery and accessory manufacturers, as well as businessmen sourcing cost competitive products and services in textile and textile engineering sector. INDIA ITME 2012 offers the right platform and opportunity for the same. India ITME Society sponsored by 5 major Indian textile and textile engineering associations, organizes this mega event every 4 years, attracting best of Textile Technology and machinery from all over the world.
ITME 2012 is organized with the prime objective of:
Showcasing new technology and innovatons in textile engineering from world over under one roof.
Encourage investment and business collaboration with Indian Textile Engineering Companies
Present new market opportunity in India and neighboring countries and act as a catalyst to Textile and Textile Engineering Industry
To provide an exclusive business atmosphere for textile engineering sector with world class companies exhibiting their technology
Advantage INDIA ITME 2012
Time - With receding global recession, 2012 will be an appropriate time to explore new opportunities and expand international business.
Opportunity - India is a growing market in automotive sector and infrastructure, medical sector and as such presents a tremendous potential which needs to be explored and taken advantage of.
Location - Held in Mumbai, the commercial capital of India, the venue gives the participants quick and easy connectivity to other major cities in India and also for international travel. Geographically India gives easy access to emerging markets like Bangladesh, Pakistan, Sri Lanka, Middle East etc
India ITME is a once in four year opportunity and not to be missed by any businessmen related to textile and textile engineering industry.
¡°India ITME 2012 is a much awaited and spectacular event showcasing hi-tech machinery, innovative technology and accessories and services related to textile engineering sector is the gateway event to this vast opportunity.
Hope this opportunity will be utilized well and it is my pleasure to invite you to India to participate in this mega event held in Mumbai from December 2- 7, 2012.¡±
R.S. Bachkaniwala
Chairman
