Dressed to kill: Apparel sector weaves strategy
Business Standard
MUMBAI: 13 September
The $16 billion domestic apparel industry, which targets to achieve a huge turnover of $40 billion over the next three-four years, is gearing up to face all challenges - the current and the anticipated.
In the backdrop of fast changing global business environment, the industry is intent to formulating its strategy after studying the global trends at the forthcoming industry event 'INTEX Autumn - Winter 2007 - 2008'.
The international fabric and accessories sourcing trade exhibition will be held at India Expo Centre, Greater Noida, from September 28 to 30. At present, the country's apparel exports are estimated at $8.2 billion.
Srressing the need of a show like INTEX, Premal Udani, president, Clothing Manufacturers' Association of India(CMAI), said, "In today's context, events like Intex serve a adual purpose of demonstrating India's textile prowess to international buyers and providing a platform for fabrics and accessories manufacturers from all parts of the world to showcase their collections to buyers from south Asia the West Asia and far East."
The exhibition is being supported by all the top textile bodies, including the Confederation of Indian Textiles Industry, the Synthetic & Rayon Textiles Export Promotion Council, with government undertaking the Textiles Committee being the knoeledge partner.
Rajesh Bhagat, managing director, Finesse Worldwide Exposition, said, "It is perhaps for the first time that all major trade bodies across various fibres and production capacities have come together to support INTEX."
 |
|
|
