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The 10th edition of South Asia’s premier international textile sourcing show would commence on Thursday in Delhi. The three-day event is slated to be attended by leading Indian and 18 overseas buyers. The demand is expected to propel India’s $ 54 billion apparel and fashion retail industry to $ 118 billion by 2028 and power the domestic textile and apparel market to touch $ 220 billion by 2025-26 from $ 106 billion in 2019-20.
“Technical Textiles contribute 13% to India’s Textile market. With growing global demand and the PLI Scheme announced by Hon’ble PM Narendra Modi ji, this sector will be further encouraged,” the minister added.
Since 2015, Intex India has connected 35,000+ buyers from 15+ countries to 1350+ textile suppliers and has empowered industry players to explore new business opportunities and expand business globally making Intex India the annual calendar event for South Asia’s textile and apparel industry, the statement said.
The booming Indian textile and apparel industry is fuelled by India’s 800+ million youth aged between 13 and 35 years who are driving industry growth making India the 6th-largest fashion marketplace in the world.
Intex India is supported and endorsed by leading domestic and international trade bodies and business chambers across the world. The organisers believe Intex India is the gateway to the dynamic markets of India and South Asia, making it one of the must-attend trade show for the textiles and apparel industry, the statement added.
Discalamer: this information has been collected through secondary research and posted by third party therefor textilemarket. In is not responsible for any errors in the same.
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