Telangana Government Signs Up For Techtextil India 2017 To Attract Investments
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Telangana Government Signs Up For Techtextil India 2017 To Attract Investments
Mumbai, India | Monday, 4th Sep. 2017  | By Textile Excellence
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The Government of Telangana will promote textile policies and highlight investment prospects at this trade fair in a bid to attract companies and investors to the state.

 

On the occasion, Telengana’s Minister for Handloom and Textiles K T Rama Rao stated, “Telangana aims to strengthen the textile and apparel industries in the state. With this in mind, we have recently launched an aggressive set of incentives which are easily the best support offered by any state. Technical textile is the sunrise sector within this industry with huge opportunities of growth considering its application and demand in various segments. In order to attract this sector, the state offers additional incentives in areas such as capital support, power tariff and land price rebate over and above what is being offered to conventional textiles.”

 

Announcing a close co-operation with Messe Frankfurt, he added, “The state is also developing Kakatiya Integrated Mega Textile Park in Warangal over an area of 1200 acres with full complement of high-quality trunk infrastructure. Through this partnership with Techtextil India and Messe Frankfurt India, we want to reach out to this niche sector and invite them to explore the immense growth opportunities that Telangana has to offer. We look forward to interacting with leading brands and partnering with them to create a roadmap for technical textiles in Telangana.” The minister is also expected to visit the fair and address the opportunities in store to textile industry players.

 

Scheduled to be held from September 13 to 15 September at the Bombay Exhibition Centre in Mumbai, the trade fair is known to attract key buyers who are looking for solutions across multiple technical textile applications in agriculture, automotive, building, clothing and protective clothing, environmental protection, geo-technology, housing and home, medical science, packaging, and sports.

 

Top textile players including Reliance Industries, Welspun, Garware Wall Ropes, Groz Beckert, Khosla Profil, Luwa India, Lenzing AG, Archroma, and CHT India will be showcasing their latest solutions for these key application areas. Overall, more than 160 companies from 9 countries including Austria, Belarus, China, France, Germany, Italy, Korea, Spain, and Switzerland will be participating at this premium industry platform.

 

The fair will also launch an exclusive pavilion of Texprocess, the leading international trade fair for processing textile and flexible materials. In this area, some of the largest machinery importers including IIGM Pvt. Ltd. & E. H. Turel and Mehala will have live demonstrations of their new technologies to all buyers. Held alongside the pavilion is the Texprocess Seminar on day one with a series of product sessions. State representatives are also expected to join this seminar to network with the industry at large.

 

Additionally, the Techtextil India Symposium will focus on prime business topics that cover the most demanding application areas to disruptive technical textiles that will drive innovation forward. Backed by knowledge partner – Gherzi, the symposium will present a global outlook on technical textile trends, future forecast on sustainability, and digitalisation which is the current industry debate.

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