Ind-Texpo 2023 orders encourage future business prospects

Mumbai : The Cotton Textiles Export Promotion Council (TEXPROCIL) wrapped up Ind-Texpo 2023, the premier trade show for cotton textiles and its blends, on March 23, 2023 in Delhi. The 22nd and 23rd of March 2023 at the Leela Ambience Convention Hotel hosted the Reverse Buyer Seller Meet, which provided an ideal setting and platform for international audience to exchange information and strengthen business relationships.

According to TEXPROCIL Chairman Shri Sunil Patwari, on-site orders booked at the two-day event totaled approximately US$ 10 Million (approx. Rs. 82 Crs), while future estimated orders which are still in the negotiation phase are estimated to be approximately US$ 50 Million. (approx. Rs. 410 Crs). He also noted that the order booking position at Ind-Texpo was indicative of promising business prospects in the coming months in light of the current global market dynamics for cotton textiles.

Over ninety foreign buyers from around thirty-one countries were invited by TEXPROCIL to attend the Show, where fifty Indian suppliers displayed yarns, fabrics, and home textiles. An overwhelming majority (over 90%) of attendees and vendors were pleased with their experience at Ind-Texpo. Many of them plan to return for the 2020 event. Extensive delegates from Israel, Mexico, Guatemala, Russia, Bangladesh, Sri Lanka, and Spain met with Indian exhibitors to discuss business. Based on the results of these one-on-one meetings, it appears that export orders for cotton textiles from India will increase significantly in the near future.

The Ind-Texpo Show’s region-wise B2B meetings, held in a separate B2B area over the course of two days and five concentrated sessions, were a major attraction and feature. These B2B Sessions gave Indian vendors access to all of the international buyers who had registered in advance.

www.texprocil.org