The Cotton Textiles Export Promotion Council (TEXPROCIL) has organized its annual export award function on the eve of Thursday, 14th December 2017 at Hotel Sahara Star, Mumbai. Smriti Irani, Union Textile Minister will present the awards to the textile exporters. Every year the Council recognizes the role played by exporters by giving out awards in different categories. This year the Council is distributing forty nine awards in thirty two different categories, including the coveted Platinum trophy for the highest global exports.
Leading textile companies like Welspun Global Brands Ltd, Vardhman Textiles Ltd., Alok Industries, Trident Ltd., Arvind Ltd, Loyal Textiles Mills Ltd., Lahoti Overseas, Premier Spg and Mills among others are some of the recipients of these awards.
Ujwal Lahoti, Chairman TEXPROCIL stated that the Council is the international face of Indian textiles, a one point stop for those who wish to source textiles from India. It has 3000 members who are engaged in the exports of cotton textiles including yarns, fabrics and home textiles including made ups.
For the period 2016-17, the Council members exported USD 10.7 billion worth of cotton textiles of which cotton yarns were USD 3.35 billion, cotton fabrics about USD 2.05 billion and cotton made-ups of approx. USD 5.3 billion. The Council has targeted USD 14 billion worth of exports for the current financial year, 2017-18.
Under its gamut of activities, TEXPROCIL promotes exports through buyer seller meets, participation in trade fairs, in depth market studies and by leading delegations to explore potential of global markets. TEXPROCIL also assists the Ministry in formulating policies to promote textile exports.
TEXPROCIL’s awards are recognized world over by textile importers and hence exporters attach high importance to these awards.