The Department of Handlooms and Textiles, Government of Telangana has signed up for the International Trade Fair for Technical Textiles and Nonwovens ‘Techtextil India 2017’, aiming at wooing investors to the mega textile park in the state.
The trade fair is scheduled from September 13 to September 17, 2017 at the Bombay Exhibition Centre in Mumbai.
In order to attract companies and investors to the state, the government will promote textile policies and highlight investment prospects at the event.
Over 160 companies from 9 countries will present their solutions across key applications for the Indian market.
Minister of Handloom and Textile, K.T. Rama Rao stated, “Telangana aims to strengthen the textile and apparel industries in the state. With this in mind, we have recently launched an aggressive set of incentives which are easily the best support offered by any state. Technical textile is the sunrise sector within this industry with huge opportunities of growth considering its application and demand in various segments. In order to attract this sector, the state offers additional incentives in areas such as capital support, power tariff and land price rebate over and above what is being offered to conventional textiles.”
He also said that the fair aims to reach out to this niche sector and invite them to explore the immense growth opportunities that Telangana has to offer. The state also develops Kakatiya Integrated Mega Textile Park in Warangal over an area of 1200 acres with full complement of high-quality trunk infrastructure. The department looks forward to interacting with leading brands and partnering with them to create a roadmap for technical textiles in Telangana.
The fair will also launch an exclusive pavilion of Texprocess, the leading international trade fair for processing textile and flexible materials.
Some of the largest machinery importers will have live demonstrations of their new technologies to all buyers. A seminar will take place alongside in which state representatives are also expected to join.
Techtextil India Symposium will focus on prime business topics that cover the most demanding application areas to disruptive technical textiles that will drive innovation forward.
Backed by knowledge partner, Gherzi, the symposium will present a global outlook on technical textile trends, future forecast on sustainability, and digitalisation which is the current industry debate.
