Going by the interest shown by world technology leaders at the ongoing India ITME 2016, the textiles landscape in India is about to change. The Indian textile industry is adopting latest technologies to cater to global demand in textiles.
To prove a point, participation from 38 countries, huge amount of foreign visitors and an overwhelming participation by Indian manufacturers of textile machinery is perhaps a testimony of the mood of domestic textile industry. Textile consumption within India is growing at a fast pace. Also, with China’s share in world textiles trade about seven times more than that of that of India, Indian manufacturers are sensing an opportunity in exports. The six-day exhibition is witnessing dozens of product launches and proving to be an effective platform for joint ventures and collaborations between stakeholders of textile industry in India and overseas.
Speaking at TexSummit 2016, Sanjiv Lathia, Chairman, India ITME Society said the biggest change in the next five years will be higher automation in all machines leading to better quality products for the ends users. He said he also expected advanced technology machines to be available from Indian manufacturers.
Among the visitors are foreign as well as domestic business leaders, academicians, research scholars, government officials from countries such as Philippians, Myanmar, Bangladesh, Srilanka, Iran, Turkey, Brazil, Indonesia, Poland, Malaysia, Kenya, Ethiopia and Egypt. India is not only a strong market but is also explored as a hub for training and skill development by many countries for textiles and textile engineering.