An international textile, weaving machinery and accessories expo was held in Erode, Tamil Nadu from July 10 to 12, 2015. More than 90 companies from the US, Italy, Germany and India displayed their products that provided insights into moving up the value chain. The expo had 60 stalls featuring latest machineries with modern technologies.

A large number of students and entrepreneurs visited the expo which, proved to be a great opportunity for the growth of textile sector. The three day fair generated business worth over Rs 200 crores. The next expo would feature machinery of higher technologies, factoring in the desire of the younger generation of entrepreneurs to move up the value chain.

Erode is one of the most industrialised districts in Tamil Nadu. Industry and trade occupy a place of prominence in the district. The textile industry is one of the oldest and one of the biggest industries in the district and provides large scale employment and is a source of foreign exchange earnings. The textile industry in Erode has developed in all three segments namely mill sector, handloom and powerloom. The Tamil Nadu Industrial Investment Corporation and nationalised banks received several enquiries for business modernization during the expo.