DUBAI, Feb 16: The first-ever exhibition of “incredible Indian textiles” will be held next week in Dubai in which 19 companies from India will participate with an aim to forge strategic alliance with importers in the UAE.
The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) of India, an apex body of manufacturers and exporters of Man-Made Fibre (MMF) textiles, is organising the exhibition on February 19-20 in association with the Embassy of India in Abu Dhabi and Consulate General of India in Dubai.
Nineteen Indian manufacturing or exporting companies – representing product categories from yarn to fabrics, and made-ups, are participating, Indian consulate in Dubai said.
India is world’s second-largest producer of synthetic fibre and yarn, cotton, cellulosic fiber and silk.
Participants in the exhibition will display a wide array of products such as suitings, shirtings, furnishing materials, home textiles, made-ups, and apparels.
The objective of the exhibition is to demonstrate the incredible Indian textiles and of which the MMF Textiles have a range containing blended fabrics, made-ups, yarns including apparels to importers in the UAE to facilitate sourcing of their specific requirements of textiles from India.
Besides forging a strategic alliance and global partnership between UAE buyers and Indian companies, India aims to strengthen the trade ties between the two countries, particularly in the fastest growing man made textile segments.
India exported synthetic and rayon (MMF) textiles worth USD 5790 million to over 150 countries during 2015-16.
The Middle-East countries have emerged as a leading destination for India’s MMF textiles exports with a share of 29 per cent (USD 1709.65 million), followed by the Asia 25 per cent (USD 1474.02 million) and the quality conscious European Union 20 per cent (USD 1170.66 million), the statement said.
Leading markets for India’s MMF textile exports during 2015-16 were UAE with 12 per cent share in total exports followed by the US (9 per cent) and Turkey (8 per cent).
The UAE imported USD 17 billion worth of textiles and clothing products from the world during 2015. (PTI)
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