Buyers from around the world place big orders at an event organized by the Cotton Textile Export Promotion Council of India (Texprocil).
The event held in Australia had very encouraging response from the buyers from including Australia, Turkey, Malaysia, Poland, Kenya, Portugal, Russia, Mexico, Israel, Guatemala, Chile, Bangladesh, and Sri Lanka, seek to shift their sourcing away from China due to recent supply chain disruptions and a lack of trust.
The buyers at the event were particularly keen on using the free trade agreement signed between India and Australia to increase their sourcing from India. They were also seeking out Indian suppliers of recycled and organic cotton products.
Over 90 buyers attended the event, which showcased yarns, fabrics, and home textiles made from fibers such as cotton, polyester, and viscose. Around 50 Indian suppliers of cotton textiles and their blends were present to attract buyers, and the Council also held talks with a delegation from Bangladesh to explore opportunities for collaboration in the textile industry.
The Texprocil expressed optimism that such events would lead to increased collaboration between Indian textile suppliers and buyers from around the world, to their mutual benefit.
