INDIA ITME 2012 - Most anticipated Textile Machinery Show of 2012

(Texglobe) INDIA ITME 2012, the 9th in the series and the most prestigious and anticipated textile machinery show in India and neighbouring countries is scheduled from 2nd – 7th December 2012 at Bombay Convention & Exhibition Centre, Goregaon (E), Mumbai, India.

A press conference and networking dinner was held on 26th September 2011 at GranSalon B, Hilton Barcelona well attended by over 110 guests including press journalists textile associations, research institutes and textile companies from across 16 countries. Mr. Andreas Weber, CText FTI World President of The Textile Institute, UK and Il. Lustrissim Senyor Jordi Marti-Galbi, Councillor of Presidence, Barcelona City Council and H.E. Mr. Luis Valeriano Gonzalez, Hon. Consul General of India graced the evening as guests of honour and many other industry delegation from across globe along with press and media attended the “Rendezvous with INDIA ITME 2012”.

It is well known that primary textile machinery market world wide was affected by the global economic crisis and witnessed severe down turn from 2008. However, the growth of the Asian Textile Industry provided the much needed impact to the western textile machinery manufacturers for revival of their business. It is expected that in the long term driven by the demand for non woven textile products specially from Chinese and Indian economies the global market for textile machinery will reach US $ 20.15 billion by the year 2015.

India being the 2nd largest textile market in the world 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 the export worth millions of dollars.

India has the potential to become manufacturing hub in the textile machinery, with abundance of skilled labour, low cost and natural resources available. The government initiatives like Technology Upgradation Fund Scheme (TUFS), the Scheme for Integrated Textile Park (SITP), Integrated Skill Development Scheme for the industry is expected to push the growth of the industry steadily. India’s textile & apparel industry (domestic + exports) is expected grow from the current US$ 70 Bn. to US$ 220 Bn. by 2020. (Source: Technopak).

R.S. Bachkaniwala
Chairman, India ITME Society

Mr. Bachkaniwala, Chairman, India ITME Societysaid:
“With such need and opportunity based demand, it is only imperative that textile machinery manufactures all across the globe eye Indian market. India ITME 2012 is now a ‘must participate, must visit’ for Textile Engineering industry all across globe.

INDIA ITME 2012 is an effort to usher in the much needed revolution, growth and global attention to the market, new opportunities in Indian domestic market.It is expected to be a spectacular event showcasing hi-tech textile machinery, innovative technologies and services for textile industry and is specially designed to be the “gateway event” to the huge market opportunity presented in India as well as the nearby countries like Sri Lanka, Bangladesh, Pakistan Vietnam, Indonesia, etc.

The bookings for this prestigious exhibition has received tremendous response and is ready to close with 100% space sold within next 30 days. The focus is to provide a complete platform and making it a win-win situation for every person associated and interested in the ITME event in terms of acquiring new clients, new markets, new technology, cost competitiveness, sourcing opportunities including academic and research programs. Apart from the business, we also hope to bring to the table new products and innovative ideas for world class textile products and services through seminars during the event.

Mr. Andreas Weber
CText FTI World President of The Textile Institute

On the occasionMr. Andreas Weber, CText FTI World President, The Textile Institute, UK expressed his views that there is a strong chance of Indian multinationals opening subsidiaries in Europe and US for textile machinery and accessory. He also feels that the textile institute world over can through collaboration assist all textile sectors and work together for the overall improvement of textile industry globally.

Il. Lustrissim Senyor JordiMarti-Galbis,
Councillor in charge of theMayor’s office

“Il. Lustrissim Senyor Jordi Marti-Galbis, councillor in charge of the
Mayor’s Office and district affairs at Barcelona’s Local Council, graced the India evening with his august presence, expressing a deep desire to develop a strong business relation with India, especially in the textile machinery sector. In today's world no business activity can succeed in isolation but has to work together towards sustaining the resources and economy.

Mr. Marti-Galbis stressed that India and Catalonia could work closely in many areas. A sector where Indian companies may be interested in finding Catalan partners is the textile industry. Catalonia was, together with Northern Italy, the only territory in Southern Europe to industrialize, and textiles were the tip of the sword in this process. Today, after a painful but successful transformation, having adapted to the new demands of the markets, and following a great effort in terms of research and development, the industry is back on its feet.

The councilor explained that, although the economic landscape in Catalonia is diverse, and a number of new industries are leaving their mark, the textile industry is not only part of the country's past, but of its future. He was particularly proud of the fact that Barcelona was the host city for one of the world's top-ranked textile machinery trade fairs.”

Hon. Consul General of India Mr. Luis Valeriano Gonzalez spoke about strengthening bilateral relationship between India and Spain especially in textile engineering sector. Mr. R.S. Bachkaniwala, Chairman also announced the expanded activity of ITME Society and said that as a responsible organization dedicated towards growth and prosperity of industry and economy the Society is constructing an Industrial Exhibition cum convention & Research Centre in Ahmedabad, Gujarat, India. With all facilities for industrial exhibition and programs for skill development which will target creating employment for youth. This exhibition centre in its completed phase will become one of the largest in India with over 1,00,000 sq. mtr. exhibition area.