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14th Texfair Begins In Coimbatore

• By  Textile Excellence
• June 21, 2024

TEXFAIR - one of the largest Textile Machinery and Accessories Exhibitions in South India, open its doors the world. Organized by SIMA (South India Mills Association), 14th Edition of the show was inaugurated today at CODISSIA Trade Fair Complex, Coimbatore by ‘Ganapathi’ Rajkumar, Member of Parliament – Coimbatore constituency in the presence of KV Srinivasan, President, ITMF, Rakesh Mehra, Chairman, CITI and other guests.

This year, 240 exhibitors from India and abroad are showcasing their cutting-edge textile machinery and technology innovations in the four-day show that to end on 24^th June. Leading textile machinery and accessories suppliers like LMW, A.T.E., Vandewiele- Savio, Truetzschler, Autotex, Perfect Engineering, ICC, Skaat, Muratec, LRT, MAG and many more are present with their products.

Tamil Nadu accounts for around 45% of spinning capacity and 33% of textile trade in the country. To achieve a sustainable growth rate, we need to access the latest innovations and upgrade our technology constantly, adopt cost-effective manufacturing methods, concentrate on Value Addition and Branding, “Our vision for this industry is that we want to create a perception of premiumness to be constantly there in the Indian Textile Industry, and TEXFAIR is one movement towards that,” said SK Sundararaman, Chairman, SIMA during the inauguration of TEXFAIR 2024, while welcoming the gathering.

Rajkumar, MP Coimbatore, in his inaugural address assured to voice the issues, faced by the MSMEs and Textile Industry of this region, in the parliament. “I am a son of this soil and I have seen how the MSMEs and the Mills here were, I witnessed their boom and I also see their condition today,” he said. He assured them that he will keep his door open for the industry associations to hear their problems & inputs and take them to Delhi.

Sharing about global textile trends, KV Srinivasan, President, ITMF said “In the year 2023, China was the largest investor in new textile machinery. China has built a very large textile & apparel industry that is able to supply every type of yarn, filament fabric, fibers quickly and in large quantities. But things are changing. Since the end of the pandemic, China’s share of exports (in textiles) has begun to decline. One reason is due to the rapidly rising labour cost. Bangladesh, Vietnam, and to some extent India have been able increase their apparel exports significantly.” Rakesh Mehra, Chairman CITI, emphasized that the textile industry must focus on Sustainability, ESG and Modernization. He said that the China+1 scenario will help the textile industry increase it exports.

“Our vision for this industry is that we want to create a perception of premiumness to be constantly there in the Indian Textile Industry, and TEXFAIR is one movement towards that.