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Government of Telangana Signs Up for Techtextil India 2017 to Further Attract Textile Investments into the State


September 4, 2017 - Mumbai, Maharashtra, India

Business Wire India
With the aim to woo investors to the mega textile park in the state, Department of Handlooms and Textiles, Government of Telangana has signed up for the International Trade Fair for Technical Textiles and Nonwovens ― Techtextil India 2017. The Government of Telangana will be promoting textile policies and highlighting investment prospects at this trade fair in a bid to attract companies and investors to the state.

Hon’ble Minister for Handloom and Textiles, Shri K.T. Rama Rao shared: “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.”

On announcing a close co-operation with Messe Frankfurt, he further 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.” Hon’ble Minister Shri K.T. Rama Rao is also expected to visit the fair and address the opportunities in store to the textile industry players.

Scheduled next month, from 13 – 15 September 2017 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.

For more information, please visit www.techtextil-india.co.in 

To learn more about our textile fairs worldwide, please visit: www.texpertise-network.com
Background Information on Messe Frankfurt

Messe Frankfurt is the world’s largest trade fair, congress and event organiser with its own exhibition grounds. With more than 2,300 employees at some 30 locations, the company generates annual sales of around €647 million. Thanks to its far-reaching ties with the relevant sectors and to its international sales network, the Group looks after the business interests of its customers effectively. A comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events. The wide range of services includes renting exhibition grounds, trade fair construction, and marketing, personnel and food services. With its headquarters in Frankfurt am Main, the company is owned by the City of Frankfurt (60 percent) and the State of Hesse (40 percent).

For more information, please visit our website at:
www.messefrankfurt.com | www.congressfrankfurt.de | www.festhalle.de

Source: Business Wire India

BusinessWireIndia

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