29/12/2022 – Trade dairs

10th Intex India concludes on a successful note

The 10th Intex India, 8–10 December 2022 in New Delhi, concluded on a successful note with the presence of textile manufacturers and suppliers from 8+ countries.

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Trade buyers from 22+ countries attended the show, looking to source a wide variety of textiles from India and international markets. © Intex India

 
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The buyers came from countries such as Italy, Spain, USA, Canada, Russia, Singapore, Vietnam, South Africa, Uzbekistan, Saudi Arabia, and Bangladesh. © Intex India

 
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Intex India exhibition offers international manufacturers and suppliers opportunities to explore new business and investment avenues in India and increases their supply-chain to fulfil the demand for sourcing innovative, eco-friendly and functional textiles which is much needed by the Indian apparel and fashion industry. Further, to increase its global market share, Indian manufacturers are producing a value-added range of garments and fashion accessories for the global buyers to increase their sourcing from India and reduce their dependency from China. Also, Intex platform assists the domestic apparel industry to offer high-value and sustainable garments to the fashion conscious and high-spending Gen Z and millennials consumers. Intex India has been organised with the purpose to accelerate this growth by supporting it through a strong business platform.

‘Reverse Buyer Seller Meet’

This year at Intex India, The Federation of Indian Chambers of Commerce & Industry (FICCI) under the aegis of the Department of Commerce, Ministry of Commerce, Government of India along with Worldex India Exhibition & Promotion Pvt. Ltd. jointly organised a ‘Reverse Buyer Seller Meet’ (RBSM) offering participating Indian exhibitors to promote their latest collections and connect with global buyers at the show. The RBSM empowered Indian textile players to scout for new business in developed and emerging markets, forge international connections, explore new markets opportunities, learn about buyers’ requirements and stay up-to-date with industry developments. More than 500 B2B meetings organised between the international buyers and Indian exhibitors over 3 days, which would result in boosting India’s textile exports by $650 million in the coming years. This increases India’s export base and creates employment opportunities by supporting the ‘Make in India’ program.

Boosting micro and small entrepreneurs

In order to give a boost to the micro and small entrepreneurs in the textile sector, Ministry of Micro, Small and Medium Enterprises (MSME) extended their support to qualified MSMEs at Intex India. More than 48 exhibitors joined the show to promote their textile and apparel strengths and further expand their domestic and international presence through this international sourcing platform. All participants at the MSME Pavilion were overwhelmed with the response and sales enquiries they received for their products from international and domestic buyers.

High satisfaction

Some of the leading Indian exhibitors were Reid & Taylor, Alok Industries, Luckshmi Yarn Impex, Sky Textiles, Ginza Industries, Texperts India, Fashinza, Gini Filaments amongst others. ReshaMandi was the official online sourcing partner of Intex India 2022. More than 85% of the participating exhibitors were satisfied with the buyers’ footfalls – both domestic and international they connected with during the show, whereas more than 90% of the buyers’ were able to find textile companies matching their requirements and were satisfied with the diverse product range showcased at Intex India.

Some of the leading international buyers that attended the show were Komar Brands (USA), Tto Mad (Switzerland), Sewkit (Russia), Nunine (France), Hela Clothing (Sri Lanka), Tesco Sourcing (Sri Lanka), Deemas Int’l Trading (South Africa), Trangoworld, S.A. (Spain), Losan (Spain), Ech (Egypt), LC Waikiki (Turkey), PDS Multinational (Bangladesh).

Trends and knowledge sessions

Alongside the exhibition and B2B meetings, trends and knowledge sessions were organised at the Interactive Business Forum (IBF) Seminar Series and ‘Trendz Now’ – the colour, fabric and fashion forecast showcase. Presentations were made by Italtex (Italy), Pantone (USA) and Orsha Linen Mills (Belarus) that offered the attendees valuable insights from the industry experts on 2023–24 fabric and fashion trends, colour trends and working of Pantone Connect as well as new market opportunities in India for sustainable textiles, thus, creating a premium and complete B2B international textile trade & sourcing platform.

  • Today, India is known as one of the world leaders in textiles and is a key element of the global value chain being the world’s fifth-largest exporter for apparel, home, and technical textile products. Over the last few years Indian industry has dramatically increased production to fulfil the increasing demands of the domestic as well as export markets. India now expects industry growth at 8% CAGR to reach $100 billion by 2030. This target would help India double its share of the global textile and apparel trade from the current level of 5%.