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Business of Rs 200 cr generated at 3 day international expo

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Press Trust of India Erode
Last Updated : Jul 14 2015 | 12:22 PM IST
: The three-day International Textiles, Weaving Machinery and Accessories Expo held here generated business of over Rs 200 crore, Chairman of Hi-Tech International Trade Fair Private Ltd, M A Rayappan said today.
He said astudents and entrepreneurs visited the Expo in large numbers. More than 90 companies, including from U.S.A., Italy and Germany and India displayed their products that provided insights into moving up the value chain
The expo proved there was a great opportunity for growth of the textile sector, he said in a release.
Urging the centre and Tamil Nadu governments to address the prolems of pollution, he said strict laws at present in the state meant that dyeing units were not able to function here.Woven gada fabric was transported all the way to Gujarat for dyeing and brought back.
The future of local dyeing and printing industries could be safeguarded by setting up Common Effluent Treatment Plants, said industry representatives who adressed the seminars.
The organisers said the next expo would feature machinery of higher technologies, factoring in the desire of the younger generation of entrepreneurs to move up the value chain. The Tamil Nadu Industrial Investment Corporation and nationalised banks had receive several enquiries for business modernisation during the Expo.
District Collector S Prabakar assured support to the organisers to strengthen the textile sector.

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First Published: Jul 14 2015 | 12:22 PM IST

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