Mumbai: The 2nd edition of ITMACH India is scheduled from 7-10 December 2017 at India’s most modern exhibition venue – The Helipad Exhibition Centre, Gandhinagar, Ahmedabad, India. In its second edition, the show has grown to a much larger format covering 40,000 square meters of exhibition space at the picturesque venue. The show is expected to host over 750 exhibitors from around the world displaying most modern textile machinery and technology to over 45,000 business visitors in a four-day extravaganza.
ITMACH India would host entire ranges of textile machinery and technology in specific halls from Spinning, Weaving, Knitting, Dyeing, Printing, Processing, Digital printing, Nonwoven and technical textiles, Garmenting, Quality control and Utility machinery and so on. Already, several well-known machinery companies have confirmed their participation in ITMACH India and Stall Booking is now open to all potential exhibitors. The exhibition is jointly organized by K And D ITMACH Expositions LLP and Spinners Association (Gujarat).
Textile Sector: Booming Investment in Technology and Capacity Building
Indian textile industry’s growing need of textile machinery and technology backed by continued investment and modernization of production capacities is expected to grow in the next 3 years. The prime drivers of the upbeat investment mood are Government’s enhanced allocation of funds towards technology up-gradation subsidy schemes, infrastructure building approach, export incentives and more importantly the fastest growing economy of the country. Adding to that are the lucrative state Government Textile Policies which are wooing investors to create employment and additional revenue sources. The state of Gujarat is leading the investment in textile sector for past few years. With investment worth US$ 1.2 billion announced by a couple of large textile players at the recently concluded Vibrant Gujarat Business Summit, the total investment plans in textile sector could easily exceed US$ 10 billion!