IGATEX INDIA 2006 in New Delhi will be replaced with IGATEX 2007 show in Mumbai with immediate effect.

An Overview

Riding on the resounding success of the IGATEX series, Conference & Exhibition Management Services (CEMS) is pleased to bring you IGATEX India 2007 - International International Textile Machinery & Accessories Exhibition. IGATEX India is designed to be the ideal one-stop sourcing centre targeting at the all-important local and international buyers from the South Asian markets. IGATEX India will also serve the Indian manufacturers, at their own doorstep, as a single comprehensive premium marketplace where established and renowned suppliers showcase their latest offerings in products and design. This is the ideal conduit to launch the latest cutting-edge equipment and technological know how. Hence, don't miss out on this golden opportunity to tap on the economic and industrial expansion in this dynamic industry through this proven platform that delivers!

Market Information

Textiles are India's second-strongest economic activity, employing 35 million out of its more than 1 billion population. According to WTO estimates, the elimination of quotas and de-regulations are expected to quadruple India's slice of the market, worth US$400 billion a year to 15%. To boost market share, Indian manufacturers have invested US$700 million into new mills and equipment in the past two years.  As the third-largest cotton producer and the second-largest yarn-spinner in the world and a vast and relatively cheap labour force, India is the next best country poised to take on the world. India exports textile products to over 200 countries across the globe. The readymade garments sector is the biggest sector in India’s textile export basket contributing over 45% of total textile exports. Cotton based items form the majority of export items due to India’s competitive advantage in cotton. Textile trade, over the last decade has contributed substantially in raising India’s share in total exports. It has been contributing about 22% to India’s overall export trade. India’s textile exports have grown at an average of 11% per annum over the last few years. The Tenth Five Year Plan of India (2002-2007) projects a GDP growth rate of 8% for which an industrial growth of 10% is projected. The objective of the Tenth Plan is to enable the textile and apparel industry to:

Build world class state-of the-art manufacturing capabilities to attain and sustain a pre-eminent global standing in manufacture and export of textiles and clothing. Confront pressure of import penetration and maintain a dominant presence in the domestic market.

In order to achieve these objectives large investments are required in technology and modernization in critical areas especially in spinning, weaving, knitting, finishing and apparel sectors.

Textile Exports At A Glance Sector Target 2003-04 Apr-Feb 2003-04 (USD) in Millions % Target achieved Readymade Garments 6250 4946.7 79.1% Cotton Textiles 4775 3106.9 65.1% Manmade Textiles 1750 1633.8 93.4% Wool 500 328.7 65.7% Silk 350 482.8 137.9% Total 13625 10498.8 77.1%

Source : Foreign Trade Statistics of India (Principal Commodities & Countries), Calcutta

Facts @ A Glance

Venue : Bombay Exhibition Centre, Mumbai, India Show Days : 11 - 14 Jan 2007   Projections     Gross Area : 20,000 sqm Net Area : 10,000 sqm No of exhibitors : 300 No of participating countries : 22 No of visitors : 20,000

Visitor Information

Venue : Bombay Exhibition Centre, Mumbai, India Date : 11-14 Jan 2007 Admission : For trade visitors & professionals only Minors below 16 years will not be admitted Admission to the exhibition is free and is by registration only