ORGANISATION OF TEX-STYLES INDIA 2002 BY ITPO
Tex-Styles
India 2002 organised from 10-13 February 2002 at Pragati Maidan,
New Delhi was a success. 293 companies participated in the fair
of which 71% were repeat participants. The fair attracted more
than 9,500 business visitors as against a figure of 8,500 for
the previous year. The number of overseas visitors to the fair
was 2,250 as against 2,077 last year. Over 600 buying agents representing
from last year’s figure of 500. Overseas buyers came from as many
as 75 countries as against last year’s figure of 63 countries.
Business generated
at the fair as reported by the participants this year worth Rs.
155 crore as against last year’s figure of Rs. 145 crore. There
was a significant increase in the number of buyers from some of
the major markets like USA, France, Spain, Germany, Italy, Russia,
Australia and the Latin American Region.
Prospects of exports
of Indian textiles to major markets of the world are quite encouraging.
India’s total exports of textiles have increased from US$ 5069.7
million in 1991-92 to US$ 12,097.6 million in 2000-2001, showing
an annual growth of 10.15% during the period. Textile exports
have increased to most of the major markets including USA, UK,
UAE, France, Italy, Japan, Belgium, The Netherland, Canada, Spain,
Hong Kong and Russia. However, a declining trend has been noticed
in the textile exports since the beginning of the year 2001, which
is mainly do to the general slowdown in the economics of some
of our major trading partners like the US; increased competition
from countries like China, Bangladesh.
