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Bharat Tex 2024 to see 46 MoU signings

24 Feb '24
3 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Bharat Tex 2024, starting February 26, 2024, with prime minister Modi's inauguration, aims to be India's top global textile event.
  • Spread over 22 lakh square feet, with 46 MoUs planned, it will feature over 3,500 exhibitors and 3,000 buyers from 100-plus countries.
  • The event is focused on trade, sustainability, and the entire textile chain.
Bharat Tex 2024 is poised to become India’s most significant global textile event. During the event, 46 memoranda of understanding (MoUs), including international partnerships, are set to be signed. Bharat Tex is set to commence on Monday, February 26, with a grand inauguration by prime minister Narendra Modi. Spanning over 22 lakh square feet across two venues, Bharat Mandapam and Yashobhoomi, the event is a showcase of India's textile prowess on an international scale.

Organised by a consortium of 11 textile export promotion councils (EPCs) and backed by the ministry of textiles, Bharat Tex aims to spotlight India’s potential as a global textile hub, focusing on trade, investment, sustainability, and building resilient supply chains. Rachna Shah, secretary, ministry of textiles, announced that the four-day extravaganza is expected to draw participation from over 100 countries, featuring more than 100 international speakers, the ministry of textiles said in a press release.

The event will host over 3,500 exhibitors and more than 3,000 buyers from across the globe, alongside attracting upwards of 50,000 trade visitors. With an extensive exhibition space that caters to the entire textile value chain, Bharat Tex is a testament to India's capabilities and ambition to generate momentum within the textile industry.

Bharat Tex is designed around the prime minister's 5F Vision, promoting a comprehensive ‘farm to fashion’ focus that encompasses the entire value chain. Shah highlighted the event’s unparalleled scale and its unique positioning, being hosted simultaneously at two fully subscribed venues, Bharat Mandapam and Yashobhoomi.

The exhibition boasts a diverse range of products including apparel, home furnishings, fibres, yarns, and technical textiles, among others. It also features a retail high street, pavilions focused on sustainability and recycling, an Indi-Haat for traditional Handicrafts and Handlooms, and over ten fashion shows covering various themes from heritage to global design trends.

A significant draw is the global-scale conference with 350 speakers deliberating on the textiles industry's challenges and opportunities, with over 40 per cent of the sessions dedicated to sustainability, resilient value chains, and showcasing India's strengths in the global textile sector. The conference will also include country and state sessions, discussions on global mega trends, and a focus on smart manufacturing technologies like AI and Blockchain.

Additionally, the Textiles Grand Innovation Challenge will be launched, aiming to discover innovative and scalable solutions for India's textiles and apparel industry.

Bharat Tex is expected to draw leading global textile companies such as Coach, Tommy Hilfiger, and H&M, among others, with business delegations from key textile hubs like the US, UK, and Germany.

The event will also see a collaboration among all the value chain players represented by 11 EPCs, covering the entire value chain from farm to end products. Not just the EPCs but other major bodies such as CMAI, CITI, SIMA, SGCCI, TEA, GEMA, YESS, ITMF, ITME, ATMA will partner in the event. Major textiles states in the country including Uttar Pradesh, Maharashtra, Gujarat, Madhya Pradesh, Telangana, Tamil Nadu, Rajasthan and Karnataka will participate with dedicated pavilions and government representations.

Fibre2Fashion News Desk (DP)

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