The VDMA Textile Machinery Association is supporting a delegation visit of 13 well-known German textile machinery manufacturers to India from December 4-8, 2023. The visit will feature technology showcase events in Ahmedabad and Coimbatore on December 5 and 7, 2023, respectively.
The event is supported by the German Federal Ministry for Economic Affairs and Climate Action and organized by SBS systems for business solutions in association with VDMA India.
The technology showcase events will provide an opportunity for decision-makers and experts from the Indian textile and nonwovens industry to learn about the latest textile machinery solutions to make their textile businesses and products more sustainable and efficient. The 13 renowned VDMA member companies and their Indian partners cover the entire value chain from spinning, knitting, weaving, nonwovens, dyeing, and finishing.
This is a great opportunity for Indian textile manufacturers to stay ahead of the curve and invest in the latest technologies to improve their competitiveness and capture a larger share of the global market. India is poised to become a global hub for apparel manufacturing and exports, with a growing domestic market and a focus on sustainability.
According to a recent report by India Brand Equity Foundation, the Indian textile and apparel industry is expected to reach $220 billion by 2025. The industry is also a major contributor to the Indian economy, accounting for over 5% of the country's GDP and employing over 45 million people.
By investing in the latest textile machinery solutions, Indian textile manufacturers can reduce their environmental impact, produce higher quality products, and increase their profitability. This will help them to compete more effectively in the global market and capitalize on India's growing textile and apparel industry.
Indian textile manufacturers are encouraged to attend the technology showcase events to learn more about the latest textile machinery solutions and how they can help them to improve their businesses.