The Indian Silk Sector contribution to Indian Textiles and Clothing Exports is expected to double to Rs 7,000 crore by 2012 from Rs 3,500 crore in 2007-08, according to Dayanidhi Maran, Union Minister for Textiles. To promote the industry the minister is planning to lead a trade delegation to Japan next week.
After inaugurating 43rd edition of India International Garment Fair (IIGF) and first exclusive Silk Exhibition ‘Silk Paradise’ at Pragati Maidan, New Delhi on Wednesday the minister said that to promote the industry he will be leading a trade delegation to Japan next week, where he will hold discussion with government and business, and also 30 textiles and clothing exporters are participating in Japan International Fashion Fair (JIFF).
More than 200 garment manufacturers and exporters from Delhi, Gurgaon, Noida, Faridabad, Jaipur, Pushkar, Tirupur, Mumbai and Kolkata are participating in the fair organised by the International Garment Fair Association (IGFA), the Apparel Export Promotion Council (AEPC), the Garment Exporters Association (GEA), the Clothing Manufacturers Association of India (CMAI), the Apparel Exporters and Manufacturers Association (AEMA) and the Apparel and Handloom Exporters Association (AHEA).
Over 3,000 visitors from 70 countries are expected to attend this fashion extravagansa. During three day exhibition, the Indian Garment Exporters will launch new range of products, offer special products, make efforts to strengthen existing markets and explore new markets.
The ‘Silk Paradise’ is being organized by the Indian Silk Export Promotion Council (ISEPC), where 80 participants from all over India are showcasing their product range in Garments, Home Furnishing, Accessories and Fabrics. It is expected that 300 to 400 serious buyers and buying agent will visit the Exhibition and on the spot business of Rs 200 to 300 crore is expected and in the short and medium term the business of Rs 1,000 crore will be generated, said the minister.
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