Future business positive as huge orders booked at Ind-Texpo 2022

Shri Manoj Patodia, Chairman – TEXPROCIL said that feedback from both the exhibitors and visitors showed that orders booked on-site at the three day event were about US$ 6.4 mn (approx. Rs. 51 Crs) while future estimated orders which are in negotiation phase were about US$ 58.7mn (approx. Rs. 470 Crs). Given the current global market dynamics for cotton textiles, the order booking position at Ind-Texpo was a reflection of encouraging business prospects in the coming months, he added.

The Ind-Texpo Show was inaugurated by the Secretary, Textiles Shri Upendra Prasad Singh on 24^th August with Smt. Roop Rashi, Textile Commissioner in attendance. Prior to the inauguration, the Secretary held a closed room interaction with 15 international buyers from 12 countries to understand global market conditions in their respective countries.

A major highlight and feature of the Ind-Texpo Show was the region-wise B2B Meetings organised in an exclusive demarcated B2B Area in three focused sessions over two days. Indian sellers had the opportunity to meet all the overseas buyers during these pre-scheduled B2B Sessions.

Shri Anil Anand, Corporate General Manager of Nahar Spinning said that they received orders at the Show and were positive that future editions of the Show would go on to help exporters expand their reach globally. Shri C Chellapa, Vice President of Chennai based Loyal Textile Mills echoed similar positive sentiments regarding the B2B interactive Sessions as their company managed to bag orders on site.

Ms Lisette, Purchase Manager of Amle Industries, Dominican Republic and a garment manufacturer from the Dominican Republic was happy to meet suppliers of fabrics in India and looked forward to come with a bigger delegation from Dominican Republic for the next edition scheduled in March 2023. Ms Belinda Coyle, of the Australia based Agile Sourcing was very satisfied with the suppliers of sustainable products in yarns, fabrics and home textiles at Ind-Texpo 2022.

www.texprocil.org

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