A two-day exhibition showcasing India's finest cotton products was inaugurated in Dubai, aimed at providing a platform for buyers and sellers, and creating a market base in the UAE and Gulf regions.
Consul General of India in Dubai, Anurag Bhushan, and Joint Director Textile Export Promotion Council (TEXPROCIL), A Ravi Kumar, launched 'The Indian Cotton Textile Show' yesterday.
Some of the leading exhibitors at the show include Birla century, Adnani exports ltd and Aditya exports.
"Such industry specific, stand-alone events foster trade beyond traditional and customary goods between India and the UAE," Bhushan said, adding that the Indian Consulate will support India Trade and Exhibition in conducting many such Industry specific events in future.
Director General of India Trade and Exhibition Centre (ITEC) Sripriyaa Kumaria said the show is a unique platform for buyers and sellers to build up linkages and network with the best of the Indian textile industry.
"The event focuses on one to one prefixed meetings and showcases India's finest cotton products. There is huge interest in the UAE market for Indian textiles and, in particular cotton textiles, cotton yarn, cotton fabrics and cotton madeups," she said.
She said that out of the total textile global exports of over USD 20,939.8 million, the UAE exported over USD 1,623 billion worth of textiles representing a 7.75 per cent share of the global export market. UAE is also the world's third largest exporter of textiles after the US and UK.
The event is organised by TEXPROCIL in association with Indian Embassy and Consulate General in UAE, and is also supported by TEXMAS - Textile Merchants Group in UAE.
Cotton Textile Export Promotion Council - TEXPROCIL, who is the organiser of the event, has been the international face of cotton textiles from India facilitating exports worldwide.
Its membership base of about 3,500 companies spread across major textile clusters in India are well established manufacturers and exporters of cotton textile products like cotton yarn, fabrics and home textiles.
India's textile exports were estimated at USD 40 million in 2013.
UAE is an upcoming market for India in terms of textile and textile products and with a view to further enhance the share of India's export to UAE markets TEXPROCIL is organising the first standalone buyer seller meet in Dubai.
Source: business-standard.com
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