Prominent and key textile machinery manufactures from across the globe such as ITEMA, Dornier, Staubli, Weavetech, Lifebond, Inditec, Prashant Gamatex, LUWA, LCC, Yamuna, ColorJet, DCC, ATE, Elgi Equipments, SIMTA, Inspiron Jay Instruments, Texfab, Eastern Engg, Menzel/Bianco, etc. are participating in next edition of GTTES to be held from February 1-3, 2019 in Mumbai.
It is of utmost important for textile machinery manufacturers that their presence be ensured in the biggest buyer-seller interaction in India for textile machinery and accessories at GTTES-2019. India today is one of the world’s largest producers of Textiles and thus biggest market for textile machinery as well.
Other than that, India is also one of the few countries in world, which has production at every level of textile manufacturing, viz. fibre manufacturing, spinning, weaving, knitting, processing and garmenting. The most significant change in the Indian textiles industry has been the advent of manmade fibres (MMF). Except spinning, majority of the textile and apparel machinery demand of India is being catered by imports. The potential size of Indian textile and apparel industry is expected to reach $223 billion by 2021.
In today’s highly competitive market one cannot afford a long absence in India which may cost high value business opportunities and connect to India’s growing market demand. This is well realised by both major domestic and global players who are building their market share in the urban/rural Textile hubs of India.
GTTES-2019 has garnered enthusiastic response from exhibitors as in less than 2 months of opening the space booking is near completion and currently India ITME Society is in effort to increase the exhibition area and accommodate the new applications coming in. India ITME Society, the organizers of the show, are striving to provide space for all applicants as GTTES-2019 is the largest Textile Engineering event after India ITME in India. The size of the textile machinery demand and the market opportunity is US $ 75 Bn in India.
Weaving sector needs an addition of around 82,000 looms. The capacity of knitting segment would need to be scaled up with an addition of 24,000 knitting machines by 2020. Processing capacity will also need to increase its present capacity, with additional 30,500 million meters of fabric processing capacity required by 2020. Around 1.20 million additional sewing machines would be required to be installed in garment sector by 2020 to cater to the high export and domestic demand for apparel in India.
GTTES 2019 offers sourcing solution to this market demand in India by focusing on weaving, knitting, printing, garmenting, embroidery and technical textiles. GTTES-2019 is supported by (Make in India), Ministry of Commerce & Industry, Government of India, Ministry of Textiles, Government of India, Dept of Heavy Industry, Government of India, Government of Maharashtra, Textile Department, National Small Industries Corporation Ltd (NSIC).
Keeping in line with government’s efforts to encourage the small medium enterprises this event offers a low participation cost and high value net working with customers not only from urban markets but also from II tier and rural textile hubs pan India. India and its neighbouring countries are main contributors to the increased demand of textile machinery and GTTES 2019 is opportunity to translate this demand to supply.
This prestigious event attracts participation from 32 countries and has live display of machinery in Weaving, Processing, and Garmenting from the 13 chapters across the textile segment. Next edition GTTES, to be held from February 1-3, 2019 in Mumbai, is geared to be the growth catalyst and optimum business platform with more business leads, new customers offering best sourcing solution to India’s surging demand for textile machinery. Event shall also see buyers sellers meet specially focused on weaving, processing and garmenting segments. GTTES-2019 brings maximum sourcing solution and best of market opportunities to both textile and textile engineering segment.